Cover
Cover | 12 Months Ended |
Dec. 31, 2023 | |
Document Information [Line Items] | |
Document Type | PRE 14A |
Amendment Flag | false |
Entity Information [Line Items] | |
Entity Registrant Name | LUXFER HOLDINGS PLC |
Entity Central Index Key | 0001096056 |
Pay vs Performance Disclosure
Pay vs Performance Disclosure | 12 Months Ended | ||||||||
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | ||||||
Pay vs Performance Disclosure | |||||||||
Pay vs Performance Disclosure, Table | (A) (B) (C) (D) (E) (F) (G) (H) (I) Value of Initial Fixed $100 Year SCT Total for PEO PEO CAP (5) Average (2) Average (2) (6) Company (7) Peer Group (7) Net Income (8) Adjusted (9) Andy (1) Alok Andy (1) Alok 2023 1,823,752 — 879,314 — 446,574 341,117 67.8 129.9 (3) (1,900,000) 26,900,000 2022 2,348,216 2,170,667 1,075,717 346,905 530,489 344,447 73.4 74.9 (3) 26,900,000 50,200,000 2021 — 2,339,733 — 3,622,066 773,235 890,867 120.5 128.8 (4) 29,900,000 48,700,000 2020 — 2,033,744 — 1,161,313 565,323 407,641 92.0 117.9 (5) 20,000,000 41,200,000 (1) -PEO (2) -PEO -PEO -PEO -PEO -PEO (3) -Ohio -Pipe -Rupp (4) (5) (6) -PEO • the aggregate change in actuarial present value of the accumulated benefit under all defined benefit and actuarial pension plans reported in the Summary Compensation Table; • values reported in the Annual Equity Awards column of the Summary Compensation Table; • for any equity awards granted in the Covered Year that are outstanding and unvested as of December 31 of the relevant Covered Year, the year-end fair value of said awards is added; • for any awards granted in years prior to the Covered Year that are outstanding and unvested as of December 31 of the relevant Covered Year, the increase in fair value is added (or the decrease in fair value is deducted) by comparing the fair value as of December 31 of the Covered Year to the fair value at the end of the prior fiscal year; • for awards that are granted and vest in the same Covered Year, the fair value as of the vesting date is added; • for awards granted in prior years that vest in the Covered Year, the increase in fair value is added (or the decrease in fair value is deducted), by comparing the fair value on the vesting date with the fair value at the end of the prior fiscal year; and • for awards granted in prior years that are deemed to fail to meet the applicable vesting condition during the Covered Year, the fair value as of December 31 of the prior fiscal year is deducted. (7) (8) (9) -based | ||||||||
Named Executive Officers, Footnote | Non -PEO | The Non -PEO -PEO | The Non -PEO | The Non -PEO | |||||
Peer Group Issuers, Footnote | For 2023 and 2022, the average Peer Group Total Shareholder Return was calculated with reference to the following companies: Albany International Corp.; Barnes Group, Inc.; Chart Industries, Inc.; CIRCOR International, Inc.; Columbus McKinnon Corporation; Energy Recovery, Inc.; Enerpac Tool Group Corp.; EnPro Industries, Inc.; ESCO Technologies, Inc.; Evoqua Water Technologies Corp.; Fathom Digital Manufacturing Corporation; Graham Corporation; Greenland Technologies Holding Corporation; Helios Technologies, Inc.; Hillman Solutions Corp.; Hurco Companies, Inc.; Kadant Inc;. Kornit Digital Ltd.; L.B. Foster Company; Mayville Engineering Company, Inc.; Mueller Water Products, Inc.; Nisun International Enterprise Development Group Co., Ltd; NN, Inc.; Omega Flex, Inc.; Park -Ohio -Pipe -Rupp | For 2023 and 2022, the average Peer Group Total Shareholder Return was calculated with reference to the following companies: Albany International Corp.; Barnes Group, Inc.; Chart Industries, Inc.; CIRCOR International, Inc.; Columbus McKinnon Corporation; Energy Recovery, Inc.; Enerpac Tool Group Corp.; EnPro Industries, Inc.; ESCO Technologies, Inc.; Evoqua Water Technologies Corp.; Fathom Digital Manufacturing Corporation; Graham Corporation; Greenland Technologies Holding Corporation; Helios Technologies, Inc.; Hillman Solutions Corp.; Hurco Companies, Inc.; Kadant Inc;. Kornit Digital Ltd.; L.B. Foster Company; Mayville Engineering Company, Inc.; Mueller Water Products, Inc.; Nisun International Enterprise Development Group Co., Ltd; NN, Inc.; Omega Flex, Inc.; Park -Ohio -Pipe -Rupp | For 2021, the average Peer Group Total Shareholder Return was calculated with reference to the following companies: Barnes Group, Inc.; Cabot Corporation; Carpenter Technology Corporation; Colfax Corporation; Element Solutions, Inc.; Ferroglobe PLC; Graco Inc.; Hexagon Composites ASA; Hexcel Corporation; Kaiser Aluminum Corporation; Koppers Holdings Inc.; Materion Corporation; MSA Safety Incorporated; Mueller Industries, Inc.; Neo Performance Materials Inc.; Schnitzer Steel Industries, Inc.; SunCoke Energy Inc.; TPI Composites Inc.; TriMas Corporation; and Worthington Industries Inc. | For 2020, the average Peer Group Total Shareholder Return was calculated with reference to the following companies: Barnes Group, Inc.; Cabot Corporation; Carpenter Technology Corporation; Colfax Corporation; Element Solutions, Inc;, Graco Inc.; Grupo Simec SAB de CV; Hexagon Composites ASA; Hexcel Corporation; Kaiser Aluminum Corporation; Koppers Holdings Inc.; Materion Corporation; MSA Safety Incorporated; Mueller Industries, Inc.; Neo Performance Materials Inc.; Schnitzer Steel Industries, Inc.; SunCoke Energy Inc.; TPI Composites Inc.; TriMas Corporation; and Worthington Industries Inc. | |||||
Adjustment To PEO Compensation, Footnote | Andy Butcher’s compensation is not included within column (B) and column (C) for the years 2021 and 2020, as he was not the PEO at that time. His compensation is, however, included within columns (D) and (E) for 2021 and 2020 when he was employed as a Non -PEO | ||||||||
Non-PEO NEO Average Total Compensation Amount | $ 446,574 | [1] | $ 530,489 | [2] | $ 773,235 | [3] | $ 565,323 | [4] | |
Non-PEO NEO Average Compensation Actually Paid Amount | [5] | $ 341,117 | [1] | 344,447 | [2] | 890,867 | [3] | 407,641 | [4] |
Compensation Actually Paid vs. Total Shareholder Return | |||||||||
Compensation Actually Paid vs. Company Selected Measure | |||||||||
Tabular List, Table | The following is an unranked list of what we believe to be important financial performance measures (including adjusted EBITA) we used to link executive compensation for our PEO and Non -PEO • • • • • | ||||||||
Total Shareholder Return Amount | [6] | $ 67.8 | 73.4 | 120.5 | 92 | ||||
Peer Group Total Shareholder Return Amount | [6] | 129.9 | [7] | 74.9 | [7] | 128.8 | [8] | 117.9 | [9] |
Net Income (Loss) | [10] | $ (1,900,000) | $ 26,900,000 | $ 29,900,000 | $ 20,000,000 | ||||
Company Selected Measure Amount | [11] | 26,900,000 | 50,200,000 | 48,700,000 | 41,200,000 | ||||
Measure:: 1 | |||||||||
Pay vs Performance Disclosure | |||||||||
Name | Adjusted EBITA (also referred to in this Proxy Statement as Management EBITA) | ||||||||
Measure:: 2 | |||||||||
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Name | Cash Conversion | ||||||||
Measure:: 3 | |||||||||
Pay vs Performance Disclosure | |||||||||
Name | Revenue | ||||||||
Measure:: 4 | |||||||||
Pay vs Performance Disclosure | |||||||||
Name | Adjusted Diluted EPS Growth | ||||||||
Measure:: 5 | |||||||||
Pay vs Performance Disclosure | |||||||||
Name | TSR | ||||||||
Andy Butcher [Member] | |||||||||
Pay vs Performance Disclosure | |||||||||
PEO Total Compensation Amount | $ 1,823,752 | $ 2,348,216 | [12] | [12] | |||||
PEO Actually Paid Compensation Amount | [9],[12] | 879,314 | 1,075,717 | ||||||
Alok Maskara [Member] | |||||||||
Pay vs Performance Disclosure | |||||||||
PEO Total Compensation Amount | 2,170,667 | 2,339,733 | 2,033,744 | ||||||
PEO Actually Paid Compensation Amount | [9] | $ 346,905 | $ 3,622,066 | $ 1,161,313 | |||||
[1]Non -PEO -PEO -PEO -PEO -PEO -PEO • the aggregate change in actuarial present value of the accumulated benefit under all defined benefit and actuarial pension plans reported in the Summary Compensation Table; • values reported in the Annual Equity Awards column of the Summary Compensation Table; • for any equity awards granted in the Covered Year that are outstanding and unvested as of December 31 of the relevant Covered Year, the year-end fair value of said awards is added; • for any awards granted in years prior to the Covered Year that are outstanding and unvested as of December 31 of the relevant Covered Year, the increase in fair value is added (or the decrease in fair value is deducted) by comparing the fair value as of December 31 of the Covered Year to the fair value at the end of the prior fiscal year; • for awards that are granted and vest in the same Covered Year, the fair value as of the vesting date is added; • for awards granted in prior years that vest in the Covered Year, the increase in fair value is added (or the decrease in fair value is deducted), by comparing the fair value on the vesting date with the fair value at the end of the prior fiscal year; and • for awards granted in prior years that are deemed to fail to meet the applicable vesting condition during the Covered Year, the fair value as of December 31 of the prior fiscal year is deducted. -Ohio -Pipe -Rupp (9) -based -PEO |