v3.25.2
Pay vs Performance Disclosure
pure in Millions
 12 Months Ended
Aug. 01, 2025
USD ($)
Aug. 02, 2024
USD ($)
Jul. 28, 2023
USD ($)
Jul. 29, 2022
USD ($)
Jul. 30, 2021
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
Pursuant to Section 953(a) of the Dodd-Frank Act and Item 402(v) of SEC Regulation S-K, we are providing the following information about the relationship between executive “compensation actually paid” (or “CAP”) to the Company’s principal executive officer (“PEO”) and non-PEO named executive officers (the “Non-PEO NEOs”) and certain aspects of the financial performance of the Company. The Compensation Committee has not historically and does not utilize CAP as the basis for making compensation decisions. For further information concerning our compensation philosophy and how we align executive compensation with our performance, please see our Compensation Discussion & Analysis.
Pay Versus Performance Table
Year(1)
​ ​
Summary
Compensation
Table Total for
Ms. Masino(2)(7)
​ ​
Summary
Compensation
Table Total for
Ms. Cochran(2)(7)
​ ​
Compensation
Actually
Paid to
Ms.Masino(2)
​ ​
Compensation
Actually
Paid to
Ms. Cochran(2)
​ ​
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(2)(7)
​ ​
Average
Compensation
Actually Paid to
Non-PEO
NEOs(3)
​ ​
Value of Initial Fixed $100
Investment Based on:(4)
​ ​
GAAP
Net Income
($mil.)
​ ​
Adjusted(6)
Operating
Income
($mil.)
​
​
Cracker Barrel
Total
Shareholder
Return
​ ​
Peer Group
Total
Shareholder
Return(5)
​
FY2025
​ ​ ​ $ [     ] ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​
FY2024
​ ​ ​ $ 6,683,711 ​ ​ ​ ​ $ 8,031,417 ​ ​ ​ ​ $ 4,666,545 ​ ​ ​ ​ $ 2,541,766 ​ ​ ​ ​ $ 1,808,547 ​ ​ ​ ​ $ 667,303 ​ ​ ​ ​ $ 45 ​ ​ ​ ​ $ 213 ​ ​ ​ ​ $ 40.9 ​ ​ ​ ​ $ 109.7 ​ ​
FY2023
​ ​ ​ ​ — ​ ​ ​ ​ $ 8,271,679 ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ 6,097,940 ​ ​ ​ ​ $ 2,324,897 ​ ​ ​ ​ $ 1,996,219 ​ ​ ​ ​ $ 95 ​ ​ ​ ​ $ 150 ​ ​ ​ ​ $ 99.1 ​ ​ ​ ​ $ 150.4 ​ ​
FY2022
​ ​ ​ ​ — ​ ​ ​ ​ $ 6,964,276 ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ 2,980,818 ​ ​ ​ ​ $ 1,207,463 ​ ​ ​ ​ $ 820,067 ​ ​ ​ ​ $ 92 ​ ​ ​ ​ $ 121 ​ ​ ​ ​ $ 131.9 ​ ​ ​ ​ $ 165.7 ​ ​
FY2021
​ ​ ​ ​ — ​ ​ ​ ​ $ 7,581,053 ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ 9,767,161 ​ ​ ​ ​ $ 1,086,754 ​ ​ ​ ​ $ 1,126,540 ​ ​ ​ ​ $ 125 ​ ​ ​ ​ $ 142 ​ ​ ​ ​ $ 254.5 ​ ​ ​ ​ $ 166.8 ​ ​
​
(1)
Sandra B. Cochran served as the PEO for the entirety of fiscal 2023, 2022 and 2021, and part of fiscal 2024. Julie Masino has served as the PEO for the portion of fiscal 2024 from and after November 1, 2023, and for all of fiscal 2025. Our Non-PEO NEOs for the applicable fiscal years were as follows:
​
FY2025: Craig Pommells, Cammie Spillyards-Schaefer, Laura Daily, and Richard Wolfson
FY2024: Craig Pommells, Donna Roberts, Laura Daily, and Richard Wolfson
FY2023: Craig Pommells, Cammie Spillyards-Schaefer, Laura Daily, and Richard Wolfson
​
FY2022: P. Douglas Couvillion, Craig Pommells, Richard Wolfson, Jennifer L. Tate, and Laura Daily
​
FY2021: P. Douglas Couvillion, Jennifer L. Tate, Richard Wolfson, Michael T. Hackney, and Jill M. Golder
​
(2)
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table (“SCT”) for the applicable year in the case of our PEOs, Ms. Cochran and Ms. Masino, and (ii) the average of the total compensation reported in the SCT for the applicable year for our Non-PEO NEOs reported for the applicable year.
​
(3)
Amounts reported in these columns represent compensation actually paid; adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for our PEOs, Ms. Cochran and Ms. Masino, and for the average of the Non-PEO
​
NEOs is set forth in the following table, which describes the adjustments, each of which is prescribed by the SEC rules, to calculate the CAP amounts from SCT amounts.
​ ​ ​
Fiscal Year 2025
​ ​
Fiscal Year 2024
​ ​
Fiscal Year 2023
​ ​
Fiscal Year 2022
​ ​
Fiscal Year 2021
​
​ ​ ​
PEO
(Masino)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Masino)
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​
Summary Compensation Table Total
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 6,683,711 ​ ​ ​ ​ $ 8,031,417 ​ ​ ​ ​ $ 1,808,547 ​ ​ ​ ​ $ 8,271,679 ​ ​ ​ ​ $ 2,324,897 ​ ​ ​ ​ $ 6,964,276 ​ ​ ​ ​ $ 1,207,463 ​ ​ ​ ​ $ 7,581,053 ​ ​ ​ ​ $ 1,086,754 ​ ​
Minus Change in Pension Value Reported in SCT for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Pension Value Service Cost for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Minus Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 4,049,864 ​ ​ ​ ​ $ 4,699,975 ​ ​ ​ ​ $ 874,442 ​ ​ ​ ​ $ 4,985,393 ​ ​ ​ ​ $ 1,492,391 ​ ​ ​ ​ $ 4,878,994 ​ ​ ​ ​ $ 674,621 ​ ​ ​ ​ $ 4,481,208 ​ ​ ​ ​ $ 395,210 ​ ​
Plus Year End Fair Value of Equity Awards Granted During the Covered Year that Remain Outstanding and Unvested as of Last Day of the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 2,032,698 ​ ​ ​ ​ $ 2,380,843 ​ ​ ​ ​ $ 468,286 ​ ​ ​ ​ $ 2,828,906 ​ ​ ​ ​ $ 1,149,961 ​ ​ ​ ​ $ 2,957,590 ​ ​ ​ ​ $ 416,251 ​ ​ ​ ​ $ 5,296,857 ​ ​ ​ ​ $ 492,645 ​ ​
Plus Year over Year Change in Fair Value as of
the Last Day of the Fiscal Year of
Outstanding and Unvested Equity Awards
Granted in Prior Fiscal Years
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (2,291,687) ​ ​ ​ ​ $ (673,518) ​ ​ ​ ​ $ (67,220) ​ ​ ​ ​ $ (7,090) ​ ​ ​ ​ $ (2,127,771) ​ ​ ​ ​ $ (182,339) ​ ​ ​ ​ $ 1,020,327 ​ ​ ​ ​ $ 82,385 ​ ​
Plus Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 15,854 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 41,473 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Year over Year Change in Fair Value as of
the Vesting Date of Equity Awards Granted
in Prior Fiscal Years that Vested During the
Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (878,832) ​ ​ ​ ​ $ (61,569) ​ ​ ​ ​ $ 49,968 ​ ​ ​ ​ $ 4,988 ​ ​ ​ ​ $ 65,717 ​ ​ ​ ​ $ 11,841 ​ ​ ​ ​ $ 350,132 ​ ​ ​ ​ $ 21,032 ​ ​
Minus Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Fiscal Year (including equity forfeited)
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 161,065 ​ ​
Plus Value of Dividends or other Earnings Paid
on Stock or Option Awards Not Otherwise
Reflected in Fair Value or Total
Compensation for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Compensation Actually Paid
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 4,666,545 ​ ​ ​ ​ $ 2,541,766 ​ ​ ​ ​ $ 667,303 ​ ​ ​ ​ $ 6,097,940 ​ ​ ​ ​ $ 1,996,219 ​ ​ ​ ​ $ 2,980,818 ​ ​ ​ ​ $ 820,067 ​ ​ ​ ​ $ 9,767,161 ​ ​ ​ ​ $ 1,126,540 ​ ​
In the table above, the unvested equity values are computed in accordance with the methodology used for financial reporting purposes, and for unvested awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the year.
(4)
Represents total shareholder return (TSR) as calculated based on a fixed investment of $100 in our common stock. TSR is cumulative for the measurement periods beginning on July 31, 2020 and ending on each of our 2021, 2022, 2023, 2024 and 2025 fiscal year ends, respectively, calculated in accordance with Item 201(e) of Regulation S-K.
​
(5)
“Peer Group” represents the S&P 400 Restaurants Index, which is used by the Company for purposes of compliance with Item 201(e) of Regulation S-K.
​
​
(6)
Adjusted operating income is our company-selected measure. Values shown reflect adjusted operating income as calculated for purposes of our Annual Bonus Plan for the applicable reporting fiscal year. Adjusted operating income is a non-GAAP financial measure. For a definition of adjusted operating income and a reconciliation of this non-GAAP financial measure to the most comparable GAAP financial measure, see Appendix B.
​
(7)
Dividend equivalents which were or will be paid to NEOs upon vesting of LTPP awards, time-based RSU grants, or other time-based RSA grants that vested or were unvested as of the end of each fiscal year end are included in the Summary Compensation Table; see footnote 2 of the All Other Compensation table for an explanation.
​
        
Company Selected Measure Name Adjusted operating income        
Named Executive Officers, Footnote
(1)
Sandra B. Cochran served as the PEO for the entirety of fiscal 2023, 2022 and 2021, and part of fiscal 2024. Julie Masino has served as the PEO for the portion of fiscal 2024 from and after November 1, 2023, and for all of fiscal 2025. Our Non-PEO NEOs for the applicable fiscal years were as follows:
​
FY2025: Craig Pommells, Cammie Spillyards-Schaefer, Laura Daily, and Richard Wolfson
FY2024: Craig Pommells, Donna Roberts, Laura Daily, and Richard Wolfson
FY2023: Craig Pommells, Cammie Spillyards-Schaefer, Laura Daily, and Richard Wolfson
​
FY2022: P. Douglas Couvillion, Craig Pommells, Richard Wolfson, Jennifer L. Tate, and Laura Daily
​
FY2021: P. Douglas Couvillion, Jennifer L. Tate, Richard Wolfson, Michael T. Hackney, and Jill M. Golder
       
Peer Group Issuers, Footnote
(5)
“Peer Group” represents the S&P 400 Restaurants Index, which is used by the Company for purposes of compliance with Item 201(e) of Regulation S-K.
       
Adjustment To PEO Compensation, Footnote
(2)
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table (“SCT”) for the applicable year in the case of our PEOs, Ms. Cochran and Ms. Masino, and (ii) the average of the total compensation reported in the SCT for the applicable year for our Non-PEO NEOs reported for the applicable year.
​
(3)
Amounts reported in these columns represent compensation actually paid; adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for our PEOs, Ms. Cochran and Ms. Masino, and for the average of the Non-PEO
​
NEOs is set forth in the following table, which describes the adjustments, each of which is prescribed by the SEC rules, to calculate the CAP amounts from SCT amounts.
​ ​ ​
Fiscal Year 2025
​ ​
Fiscal Year 2024
​ ​
Fiscal Year 2023
​ ​
Fiscal Year 2022
​ ​
Fiscal Year 2021
​
​ ​ ​
PEO
(Masino)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Masino)
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​
Summary Compensation Table Total
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 6,683,711 ​ ​ ​ ​ $ 8,031,417 ​ ​ ​ ​ $ 1,808,547 ​ ​ ​ ​ $ 8,271,679 ​ ​ ​ ​ $ 2,324,897 ​ ​ ​ ​ $ 6,964,276 ​ ​ ​ ​ $ 1,207,463 ​ ​ ​ ​ $ 7,581,053 ​ ​ ​ ​ $ 1,086,754 ​ ​
Minus Change in Pension Value Reported in SCT for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Pension Value Service Cost for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Minus Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 4,049,864 ​ ​ ​ ​ $ 4,699,975 ​ ​ ​ ​ $ 874,442 ​ ​ ​ ​ $ 4,985,393 ​ ​ ​ ​ $ 1,492,391 ​ ​ ​ ​ $ 4,878,994 ​ ​ ​ ​ $ 674,621 ​ ​ ​ ​ $ 4,481,208 ​ ​ ​ ​ $ 395,210 ​ ​
Plus Year End Fair Value of Equity Awards Granted During the Covered Year that Remain Outstanding and Unvested as of Last Day of the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 2,032,698 ​ ​ ​ ​ $ 2,380,843 ​ ​ ​ ​ $ 468,286 ​ ​ ​ ​ $ 2,828,906 ​ ​ ​ ​ $ 1,149,961 ​ ​ ​ ​ $ 2,957,590 ​ ​ ​ ​ $ 416,251 ​ ​ ​ ​ $ 5,296,857 ​ ​ ​ ​ $ 492,645 ​ ​
Plus Year over Year Change in Fair Value as of
the Last Day of the Fiscal Year of
Outstanding and Unvested Equity Awards
Granted in Prior Fiscal Years
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (2,291,687) ​ ​ ​ ​ $ (673,518) ​ ​ ​ ​ $ (67,220) ​ ​ ​ ​ $ (7,090) ​ ​ ​ ​ $ (2,127,771) ​ ​ ​ ​ $ (182,339) ​ ​ ​ ​ $ 1,020,327 ​ ​ ​ ​ $ 82,385 ​ ​
Plus Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 15,854 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 41,473 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Year over Year Change in Fair Value as of
the Vesting Date of Equity Awards Granted
in Prior Fiscal Years that Vested During the
Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (878,832) ​ ​ ​ ​ $ (61,569) ​ ​ ​ ​ $ 49,968 ​ ​ ​ ​ $ 4,988 ​ ​ ​ ​ $ 65,717 ​ ​ ​ ​ $ 11,841 ​ ​ ​ ​ $ 350,132 ​ ​ ​ ​ $ 21,032 ​ ​
Minus Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Fiscal Year (including equity forfeited)
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 161,065 ​ ​
Plus Value of Dividends or other Earnings Paid
on Stock or Option Awards Not Otherwise
Reflected in Fair Value or Total
Compensation for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Compensation Actually Paid
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 4,666,545 ​ ​ ​ ​ $ 2,541,766 ​ ​ ​ ​ $ 667,303 ​ ​ ​ ​ $ 6,097,940 ​ ​ ​ ​ $ 1,996,219 ​ ​ ​ ​ $ 2,980,818 ​ ​ ​ ​ $ 820,067 ​ ​ ​ ​ $ 9,767,161 ​ ​ ​ ​ $ 1,126,540 ​ ​
In the table above, the unvested equity values are computed in accordance with the methodology used for financial reporting purposes, and for unvested awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the year.
       
Non-PEO NEO Average Total Compensation Amount $ 1,808,547 $ 2,324,897 $ 1,207,463 $ 1,086,754
Non-PEO NEO Average Compensation Actually Paid Amount 667,303 1,996,219 820,067 1,126,540
Adjustment to Non-PEO NEO Compensation Footnote
(2)
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table (“SCT”) for the applicable year in the case of our PEOs, Ms. Cochran and Ms. Masino, and (ii) the average of the total compensation reported in the SCT for the applicable year for our Non-PEO NEOs reported for the applicable year.
​
(3)
Amounts reported in these columns represent compensation actually paid; adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for our PEOs, Ms. Cochran and Ms. Masino, and for the average of the Non-PEO
​
NEOs is set forth in the following table, which describes the adjustments, each of which is prescribed by the SEC rules, to calculate the CAP amounts from SCT amounts.
​ ​ ​
Fiscal Year 2025
​ ​
Fiscal Year 2024
​ ​
Fiscal Year 2023
​ ​
Fiscal Year 2022
​ ​
Fiscal Year 2021
​
​ ​ ​
PEO
(Masino)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Masino)
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​ ​
PEO
(Cochran)
​ ​
Average
Non-PEO
NEOs
​
Summary Compensation Table Total
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 6,683,711 ​ ​ ​ ​ $ 8,031,417 ​ ​ ​ ​ $ 1,808,547 ​ ​ ​ ​ $ 8,271,679 ​ ​ ​ ​ $ 2,324,897 ​ ​ ​ ​ $ 6,964,276 ​ ​ ​ ​ $ 1,207,463 ​ ​ ​ ​ $ 7,581,053 ​ ​ ​ ​ $ 1,086,754 ​ ​
Minus Change in Pension Value Reported in SCT for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Pension Value Service Cost for the Fiscal Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Minus Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 4,049,864 ​ ​ ​ ​ $ 4,699,975 ​ ​ ​ ​ $ 874,442 ​ ​ ​ ​ $ 4,985,393 ​ ​ ​ ​ $ 1,492,391 ​ ​ ​ ​ $ 4,878,994 ​ ​ ​ ​ $ 674,621 ​ ​ ​ ​ $ 4,481,208 ​ ​ ​ ​ $ 395,210 ​ ​
Plus Year End Fair Value of Equity Awards Granted During the Covered Year that Remain Outstanding and Unvested as of Last Day of the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 2,032,698 ​ ​ ​ ​ $ 2,380,843 ​ ​ ​ ​ $ 468,286 ​ ​ ​ ​ $ 2,828,906 ​ ​ ​ ​ $ 1,149,961 ​ ​ ​ ​ $ 2,957,590 ​ ​ ​ ​ $ 416,251 ​ ​ ​ ​ $ 5,296,857 ​ ​ ​ ​ $ 492,645 ​ ​
Plus Year over Year Change in Fair Value as of
the Last Day of the Fiscal Year of
Outstanding and Unvested Equity Awards
Granted in Prior Fiscal Years
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (2,291,687) ​ ​ ​ ​ $ (673,518) ​ ​ ​ ​ $ (67,220) ​ ​ ​ ​ $ (7,090) ​ ​ ​ ​ $ (2,127,771) ​ ​ ​ ​ $ (182,339) ​ ​ ​ ​ $ 1,020,327 ​ ​ ​ ​ $ 82,385 ​ ​
Plus Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 15,854 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 41,473 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Plus Year over Year Change in Fair Value as of
the Vesting Date of Equity Awards Granted
in Prior Fiscal Years that Vested During the
Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ (878,832) ​ ​ ​ ​ $ (61,569) ​ ​ ​ ​ $ 49,968 ​ ​ ​ ​ $ 4,988 ​ ​ ​ ​ $ 65,717 ​ ​ ​ ​ $ 11,841 ​ ​ ​ ​ $ 350,132 ​ ​ ​ ​ $ 21,032 ​ ​
Minus Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Fiscal Year (including equity forfeited)
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 161,065 ​ ​
Plus Value of Dividends or other Earnings Paid
on Stock or Option Awards Not Otherwise
Reflected in Fair Value or Total
Compensation for the Fiscal Year
​ ​ ​ $ [     ] ​ ​ ​ ​ $ [     ] ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​ ​ ​ $ 0 ​ ​
Compensation Actually Paid
​ ​ ​
$
[     ]
 ​ ​ ​ ​
$
[     ]
 ​ ​ ​ ​ $ 4,666,545 ​ ​ ​ ​ $ 2,541,766 ​ ​ ​ ​ $ 667,303 ​ ​ ​ ​ $ 6,097,940 ​ ​ ​ ​ $ 1,996,219 ​ ​ ​ ​ $ 2,980,818 ​ ​ ​ ​ $ 820,067 ​ ​ ​ ​ $ 9,767,161 ​ ​ ​ ​ $ 1,126,540 ​ ​
In the table above, the unvested equity values are computed in accordance with the methodology used for financial reporting purposes, and for unvested awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the year.
       
Compensation Actually Paid vs. Total Shareholder Return
Relationship between CAP and TSR.   The graph below illustrates the relationship between our TSR and the Peer Group TSR, as well as the relationship between CAP and our TSR for the PEO and Non-PEO NEOs.
       
Compensation Actually Paid vs. Net Income
Relationship between CAP and GAAP Net Income.   The graph below reflects the relationship between the PEO and Average Non-PEO NEOs CAP and our GAAP Net Income.
       
Compensation Actually Paid vs. Company Selected Measure
Relationship between CAP and Adjusted Operating Income (our Company-Selected Measure).   The graph below reflects the relationship between the PEO and Average Non-PEO NEOs CAP and the Company’s Adjusted Operating Income.
       
Total Shareholder Return Vs Peer Group
Relationship between CAP and TSR.   The graph below illustrates the relationship between our TSR and the Peer Group TSR, as well as the relationship between CAP and our TSR for the PEO and Non-PEO NEOs.
       
Tabular List, Table
Performance Measures Used to Link Company Performance and CAP.   The following is a list of unranked performance measures, which in our assessment represent the most important performance measures used by the Company to link compensation actually paid to the named executive officers for
fiscal 2025. Each metric below is used for purposes of determining payouts under either our annual incentive program or vesting of our performance stock units. Please see the CD&A for a further description of these metrics and how they are used in the Company’s executive compensation program.
Adjusted Operating Income (CSM)
Adjusted EBITDA
Total Shareholder Return
       
Total Shareholder Return Amount 45 95 92 125
Peer Group Total Shareholder Return Amount 213 150 121 142
Net Income (Loss)   $ 40,900,000 $ 99,100,000 $ 131,900,000 $ 254,500,000
Company Selected Measure Amount   109.7 150.4 165.7 166.8
PEO Name Julie Masino        
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Operating Income        
Non-GAAP Measure Description
(6)
Adjusted operating income is our company-selected measure. Values shown reflect adjusted operating income as calculated for purposes of our Annual Bonus Plan for the applicable reporting fiscal year. Adjusted operating income is a non-GAAP financial measure. For a definition of adjusted operating income and a reconciliation of this non-GAAP financial measure to the most comparable GAAP financial measure, see Appendix B.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
Measure:: 3          
Pay vs Performance Disclosure          
Name Total Shareholder Return        
Ms. Masino [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 6,683,711
PEO Actually Paid Compensation Amount 4,666,545
Ms. Cochran [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 8,031,417 8,271,679 6,964,276 7,581,053
PEO Actually Paid Compensation Amount 2,541,766 6,097,940 2,980,818 9,767,161
Net Income (Loss)        
Company Selected Measure Amount        
PEO | Ms. Masino [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 0      
PEO | Ms. Masino [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0      
PEO | Ms. Masino [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,032,698      
PEO | Ms. Masino [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0      
PEO | Ms. Masino [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0      
PEO | Ms. Masino [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0      
PEO | Ms. Masino [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0      
PEO | Ms. Masino [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0      
PEO | Ms. Masino [Member] | Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,049,864)      
PEO | Ms. Cochran [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 0 0
PEO | Ms. Cochran [Member] | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 0 0
PEO | Ms. Cochran [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   2,380,843 2,828,906 2,957,590 5,296,857
PEO | Ms. Cochran [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (2,291,687) (67,220) (2,127,771) 1,020,327
PEO | Ms. Cochran [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 0 0
PEO | Ms. Cochran [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (878,832) 49,968 65,717 350,132
PEO | Ms. Cochran [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 0 0
PEO | Ms. Cochran [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 0 0
PEO | Ms. Cochran [Member] | Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (4,699,975) (4,985,393) (4,878,994) (4,481,208)
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 468,286 1,149,961 416,251 492,645
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (673,518) (7,090) (182,339) 82,385
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 15,854 41,473 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (61,569) 4,988 11,841 21,032
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 (161,065)
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (874,442) $ (1,492,391) $ (674,621) $ (395,210)