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Pay vs Performance Disclosure
Unit_pure in Thousands
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance Disclosure
In August 2022, the SEC adopted rules relating to Section 14(i) of the Securities Exchange Act of 1934, including Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires us to disclose information that compares our named executive officer (“NEO”) compensation actually paid to certain financial performance measures. The table below sets forth our
p
ay versus perfo
rma
nce disclosure, in accordance with SEC Item 402(v) of Regulation
S-K.
 
 
 
    
 
    
 
    
 
  
Value of Initial Fixed
$100 Investment
Based On:
    
 
    
 
Year
(a)
  
Summary
Compensation
Table Total for
PEO ($) (b)
  
Compensation
Actually Paid
to PEO ($) (c)
  
Average Summary
Compensation
Table Total for Non-
PEO NEOs ($) (d)
  
Average
Compensation
Actually Paid to
Non-PEO
NEOs
($) (e)
  
WNC
TSR ($)
(f)
  
Dow Jones
Transportation
Index TSR ($)
(g)
  
Net Income
(loss)
attributable
to common
stockholders
($ in
thousands)
(h)
  
Operating
income
(loss) ($ in
thousands)
(i)
                 
2022
    
 
6,376,651
      
 
11,520,453
      
 
1,800,933
      
 
2,836,840
      
 
164.25
      
 
122.97
      
 
112,258
      
 
166,642
  
                 
2021
    
 
4,605,980
      
 
4,901,091
      
 
1,142,820
      
 
1,203,318
      
 
138.99
      
 
149.86
      
 
1,164
      
 
33,542
  
                 
2020
    
 
4,404,651
      
 
5,805,674
      
 
1,186,603
      
 
(801,039
)
    
 
120.30
      
 
119.65
      
 
(97,412
)
    
 
(85,608
)
 
(a)
This statement includes three years (2020, 2021, and 2022) rather than five because this is a transition year for a new regulation.
 
(b)
The principal executive officer (“PEO”) is Brent L. Yeagy for all years shown.
 
(c)
Compensation actually paid (CAP) to our PEO reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below.
 
Year
   
2020
    
2021
    
2022
  
       
PEO
   
 
Brent L. Yeagy
 
  
 
Brent L. Yeagy
 
  
 
Brent L. Yeagy
 
       
SCT Total Compensation ($)
   
 
4,404,651
 
  
 
4,605,980
 
  
 
6,376,651
 
       
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)
   
 
(2,988,258
) 
  
 
(3,500,453
) 
  
 
(4,078,439
) 
       
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)
   
 
4,382,533
 
  
 
4,196,710
 
  
 
6,036,537
 
       
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
   
 
42,538
 
  
 
(418,140
) 
  
 
3,416,212
 
       
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)
   
 
(35,790
) 
  
 
16,995
 
  
 
(230,508
) 
       
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Compensation Actually Paid ($)
   
 
5,805,674
 
  
 
4,901,091
 
  
 
11,520,453
 
 
(d)
The following are included in the average figures shown:
2020: Michael N. Pettit, Dustin T. Smith, Kevin J. Page, M. Kristin Glazner, Jeffery L. Taylor, Melanie D. Margolin
2021 and 2022: Michael N. Pettit, Dustin T. Smith, Kevin J. Page, M. Kristin Glazner
 
 
 
 
(e)
Compensation actually paid (CAP) to our
non-PEO
NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below.
 
Year
   
2020
     
2021
     
2022
  
       
Non-PEO
NEOs
   
 
See column (d)
note above
 
 
   
 
See column (d)
note above
 
 
   
 
See column (d)
note above
 
 
       
SCT Total Compensation ($)
   
 
1,186,603
 
   
 
1,142,820
 
   
 
1,800,933
 
       
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)
   
 
(486,685)
 
   
 
(670,592)
 
   
 
(881,854)
 
       
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)
   
 
570,244
 
   
 
802,602
 
   
 
1,305,207
 
       
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
   
 
3,981
 
   
 
(80,842)
 
   
 
647,152
 
       
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)
   
 
(9,761)
 
   
 
9,331
 
   
 
(34,598)
 
       
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)
   
 
(2,065,421)
 
   
 
—
 
   
 
—
 
       
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)
   
 
—
 
   
 
—
 
   
 
—
 
       
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)
   
 
—
 
   
 
—
 
   
 
—
 
       
Compensation Actually Paid ($)
   
 
(801,039)
 
   
 
1,203,318
 
   
 
2,836,840
 
 
(f)
Represents the total shareholder return (TSR) of Wabash for the measurement periods ending D
e
cember 31 of each of 2020, 2021 and 2022, respectively.
 
(g)
Represents the TSR of the Dow Jones Transportation Index for the measurement periods ending on December 31 of each of 2020, 2021 and 2022, respectively.
 
(h)
Reflects “Net Income” in the Company’s Consolidated Income Statements included in the Company’s Annual Reports on Form
10-K
for each of the years ended December 31, 2020, 2021 and 2022.
 
(i)
Company-selected Measure is Operating Income.
 
 
    
Company Selected Measure Name Operating Income    
Named Executive Officers, Footnote [Text Block]
2020: Michael N. Pettit, Dustin T. Smith, Kevin J. Page, M. Kristin Glazner, Jeffery L. Taylor, Melanie D. Margolin
2021 and 2022: Michael N. Pettit, Dustin T. Smith, Kevin J. Page, M. Kristin Glazner
 
 
 
    
Peer Group Issuers, Footnote [Text Block] Represents the TSR of the Dow Jones Transportation Index for the measurement periods ending on December 31 of each of 2020, 2021 and 2022, respectively.    
PEO Total Compensation Amount $ 6,376,651 $ 4,605,980 $ 4,404,651
PEO Actually Paid Compensation Amount $ 11,520,453 4,901,091 5,805,674
Adjustment To PEO Compensation, Footnote [Text Block] Compensation actually paid (CAP) to our PEO reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below.
 
Year
   
2020
    
2021
    
2022
  
       
PEO
   
 
Brent L. Yeagy
 
  
 
Brent L. Yeagy
 
  
 
Brent L. Yeagy
 
       
SCT Total Compensation ($)
   
 
4,404,651
 
  
 
4,605,980
 
  
 
6,376,651
 
       
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)
   
 
(2,988,258
) 
  
 
(3,500,453
) 
  
 
(4,078,439
) 
       
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)
   
 
4,382,533
 
  
 
4,196,710
 
  
 
6,036,537
 
       
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
   
 
42,538
 
  
 
(418,140
) 
  
 
3,416,212
 
       
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)
   
 
(35,790
) 
  
 
16,995
 
  
 
(230,508
) 
       
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)
   
 
—
 
  
 
—
 
  
 
—
 
       
Compensation Actually Paid ($)
   
 
5,805,674
 
  
 
4,901,091
 
  
 
11,520,453
 
 
    
Non-PEO NEO Average Total Compensation Amount $ 1,800,933 1,142,820 1,186,603
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,836,840 1,203,318 (801,039)
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
 
(e)
Compensation actually paid (CAP) to our
non-PEO
NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below.
Year
   
2020
     
2021
     
2022
  
       
Non-PEO
NEOs
   
 
See column (d)
note above
 
 
   
 
See column (d)
note above
 
 
   
 
See column (d)
note above
 
 
       
SCT Total Compensation ($)
   
 
1,186,603
 
   
 
1,142,820
 
   
 
1,800,933
 
       
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)
   
 
(486,685)
 
   
 
(670,592)
 
   
 
(881,854)
 
       
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)
   
 
570,244
 
   
 
802,602
 
   
 
1,305,207
 
       
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
   
 
3,981
 
   
 
(80,842)
 
   
 
647,152
 
       
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)
   
 
(9,761)
 
   
 
9,331
 
   
 
(34,598)
 
       
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)
   
 
(2,065,421)
 
   
 
—
 
   
 
—
 
       
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)
   
 
—
 
   
 
—
 
   
 
—
 
       
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)
   
 
—
 
   
 
—
 
   
 
—
 
       
Compensation Actually Paid ($)
   
 
(801,039)
 
   
 
1,203,318
 
   
 
2,836,840
 
 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

   
Compensation Actually Paid vs. Net Income [Text Block]

   
Compensation Actually Paid vs. Company Selected Measure [Text Block]

   
Total Shareholder Return Vs Peer Group [Text Block]

   
Tabular List [Table Text Block]
 
Most Important Performance Measures
 
1. Operating Income
 
2. Relative Total Shareholder Return
 
3. Average Return on Invested Capital
 
4. Net Working Capital as a Percentage of Sales
 
    
Total Shareholder Return Amount $ 164.25 138.99 120.3
Peer Group Total Shareholder Return Amount 122.97 149.86 119.65
Net Income (Loss) $ 112,258,000 $ 1,164,000 $ (97,412,000)
Company Selected Measure Amount 166,642 33,542 (85,608)
PEO Name Brent L. Yeagy    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Operating Income    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Total Shareholder Return    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Average Return on Invested Capital    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Net Working Capital as a Percentage of Sales    
PEO [Member] | Brent L. Yeagy [Member] | Deduct: Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (4,078,439) $ (3,500,453) $ (2,988,258)
PEO [Member] | Brent L. Yeagy [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 6,036,537 4,196,710 4,382,533
PEO [Member] | Brent L. Yeagy [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,416,212 (418,140) 42,538
PEO [Member] | Brent L. Yeagy [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (230,508) 16,995 (35,790)
Non-PEO NEO [Member] | Deduct: Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (881,854) (670,592) (486,685)
Non-PEO NEO [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,305,207 802,602 570,244
Non-PEO NEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 647,152 (80,842) 3,981
Non-PEO NEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (34,598) $ 9,331 (9,761)
Non-PEO NEO [Member] | Fair Value of Stock and Option Awards Forfeited during the covered Year. [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     $ (2,065,421)