|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/14/19 Trex Co Inc 10-K 12/31/18 99:6.1M Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size
1: 10-K Annual Report HTML 725K
2: EX-10.1 Material Contract HTML 32K
3: EX-21 Subsidiaries List HTML 26K
4: EX-23 Consent of Experts or Counsel HTML 29K
5: EX-31.1 Certification -- §302 - SOA'02 HTML 34K
6: EX-31.2 Certification -- §302 - SOA'02 HTML 34K
7: EX-32 Certification -- §906 - SOA'02 HTML 29K
14: R1 Document and Entity Information HTML 63K
15: R2 Consolidated Statements of Comprehensive Income HTML 76K
16: R3 Consolidated Balance Sheets HTML 103K
17: R4 Consolidated Balance Sheets (Parenthetical) HTML 50K
18: R5 Statements of Changes in Stockholders' Equity HTML 72K
19: R6 Consolidated Statements of Cash Flows HTML 113K
20: R7 Business and Organization HTML 33K
21: R8 Summary of Significant Accounting Policies HTML 81K
22: R9 Acquisition HTML 42K
23: R10 Inventories HTML 37K
24: R11 Prepaid Expenses and Other Assets HTML 35K
25: R12 Goodwill and Other Intangible Assets HTML 41K
26: R13 Property, Plant and Equipment HTML 40K
27: R14 Accrued Expenses and Other Liabilities HTML 36K
28: R15 Debt HTML 38K
29: R16 Financial Instruments HTML 31K
30: R17 Stockholders' Equity HTML 51K
31: R18 Revenue From Contract With Customer HTML 58K
32: R19 Stock-Based Compensation HTML 87K
33: R20 Leases HTML 36K
34: R21 Employee Benefit Plans HTML 33K
35: R22 Income Taxes HTML 68K
36: R23 Segment Information HTML 61K
37: R24 Seasonality HTML 30K
38: R25 Commitments and Contingencies HTML 53K
39: R26 Interim Financial Data (Unaudited) HTML 47K
40: R27 Schedule II - Valuation and Qualifying Accounts HTML 45K
and Reserves
41: R28 Summary of Significant Accounting Policies HTML 137K
(Policies)
42: R29 Summary of Significant Accounting Policies HTML 32K
(Tables)
43: R30 Acquisition (Tables) HTML 37K
44: R31 Inventories (Tables) HTML 37K
45: R32 Prepaid Expenses and Other Assets (Tables) HTML 34K
46: R33 Goodwill and Other Intangible Assets (Tables) HTML 40K
47: R34 Property, Plant and Equipment (Tables) HTML 38K
48: R35 Accrued Expenses and Other Liabilities (Tables) HTML 36K
49: R36 Stockholders' Equity (Tables) HTML 47K
50: R37 Revenue From Contract With Customer (Tables) HTML 42K
51: R38 Stock-Based Compensation (Tables) HTML 85K
52: R39 Leases (Tables) HTML 34K
53: R40 Income Taxes (Tables) HTML 68K
54: R41 Segment Information (Tables) HTML 59K
55: R42 Commitments and Contingencies (Tables) HTML 42K
56: R43 Interim Financial Data (Unaudited) (Tables) HTML 44K
57: R44 Business and Organization - Additional Information HTML 30K
(Detail)
58: R45 Summary of Significant Accounting Policies - HTML 109K
Additional Information (Detail)
59: R46 Summary of Significant Accounting Policies - HTML 43K
Estimated Useful Lives of Property Plant and
Equipment (Detail)
60: R47 Acquisition - Additional Information (Detail) HTML 81K
61: R48 Acquisition - Summary of Consideration Allocated HTML 63K
to Assets Acquired and Liabilities Assumed
(Detail)
62: R49 Inventories - Summary of Inventories (Detail) HTML 39K
63: R50 Inventories - Additional Information (Detail) HTML 32K
64: R51 Prepaid Expenses and Other Assets - Summary of HTML 46K
Prepaid Expenses and Other Assets (Detail)
65: R52 Goodwill and Other Intangible Assets - Additional HTML 50K
Information (Detail)
66: R53 Goodwill and Other Intangible Assets - Details of HTML 43K
Intangible Assets (Detail)
67: R54 Property, Plant and Equipment - Summary of HTML 53K
Property, Plant and Equipment (Detail)
68: R55 Property, Plant and Equipment - Additional HTML 36K
Information (Detail)
69: R56 Accrued Expenses and Other Liabilities - Summary HTML 49K
of Accrued Expenses and Other Liabilities (Detail)
70: R57 Debt - Additional Information (Detail) HTML 72K
71: R58 Stockholders' Equity - Additional Information HTML 60K
(Detail)
72: R59 Stockholders' Equity - Computation of Basic and HTML 66K
Diluted Earnings Per Share (Detail)
73: R60 Stockholders' Equity - Antidilutive Securities HTML 36K
Excluded from Computation of Earnings Per Share
(Detail)
74: R61 Revenue From Contracts With Customers - Additional HTML 32K
Information (Detail)
75: R62 Revenue From Contracts With Customers - Summary of HTML 52K
Disaggregated Net Sales (Detail)
76: R63 Stock-Based Compensation - Additional Information HTML 90K
(Detail)
77: R64 Stock-Based Compensation - Summary of Stock-Based HTML 42K
Compensation Expenses (Detail)
78: R65 Stock-Based Compensation - Time-Based Restricted HTML 53K
Stock and Restricted Stock Unit Activity (Detail)
79: R66 Stock-Based Compensation - Performance-Based HTML 53K
Restricted Stock Activity (Detail)
80: R67 Stock-Based Compensation - Summary of Assumptions HTML 41K
Used to Estimate Fair Value of Each SAR (Detail)
81: R68 Stock-Based Compensation - SAR Activity (Detail) HTML 72K
82: R69 Leases - Minimum Annual Payments Under HTML 48K
Non-Cancelable Leases (Detail)
83: R70 Leases - Additional Information (Detail) HTML 31K
84: R71 Employee Benefit Plans - Additional Information HTML 44K
(Detail)
85: R72 Income Taxes - Income Tax Provision (Benefit) HTML 53K
(Detail)
86: R73 Income Taxes - Reconciliation of Differences HTML 53K
between Income Tax Provision and Income Tax
Determined by Applying US Federal Statutory Rate
(Detail)
87: R74 Income Taxes - Schedule of Deferred Tax Assets and HTML 68K
Liabilities (Detail)
88: R75 Income Taxes - Additional Information (Detail) HTML 48K
89: R76 Segment Information - Additional Information HTML 46K
(Detail)
90: R77 Segment Information - Details of Segment HTML 77K
Information (Detail)
91: R78 Segment Information - Schedule of Reconciliation HTML 62K
of Net Income to EBITDA (Detail)
92: R79 Commitments and Contingencies - Additional HTML 62K
Information (Detail)
93: R80 Commitments and Contingencies - Summary of HTML 43K
Reconciliation of Company's Residential Product
Warranty Reserve (Detail)
94: R81 Interim Financial Data (Unaudited) - Summary of HTML 60K
Interim Financial Data (Detail)
95: R82 Interim Financial Data (Unaudited) - Additional HTML 36K
Information (Detail)
96: R83 Schedule II - Valuation and Qualifying Accounts HTML 40K
and Reserves (Detail)
98: XML IDEA XML File -- Filing Summary XML 182K
97: EXCEL IDEA Workbook of Financial Reports XLSX 103K
8: EX-101.INS XBRL Instance -- trex-20181231 XML 1.58M
10: EX-101.CAL XBRL Calculations -- trex-20181231_cal XML 246K
11: EX-101.DEF XBRL Definitions -- trex-20181231_def XML 658K
12: EX-101.LAB XBRL Labels -- trex-20181231_lab XML 1.40M
13: EX-101.PRE XBRL Presentations -- trex-20181231_pre XML 1.03M
9: EX-101.SCH XBRL Schema -- trex-20181231 XSD 204K
99: ZIP XBRL Zipped Folder -- 0001193125-19-041150-xbrl Zip 185K
| EX-10.1 |
Exhibit 10.1
Trex Company, Inc.
Description of Management Compensatory Plans and Arrangements
Components of Executive Compensation.
In accordance with the rules of the New York Stock Exchange, all components of compensation for the chief executive officer and other executive officers of Trex Company (the “Company”) are determined by the Compensation Committee of the Board of Directors, all of whom meet the independence requirements prescribed by such rules.
The Company’s executive compensation program includes a base salary, annual cash incentive compensation, and long-term equity incentive compensation issued under the Trex Company, Inc. 2014 Stock Incentive Plan (the “Stock Incentive Plan”).
Base Salary. Base salaries are the only non-variable element of the Company’s total compensation. They reflect each executive officer’s responsibilities, the impact of each executive officer’s position, and the contributions each executive officer delivers to the Company. Salaries are determined by competitive levels in the market for executives with comparable responsibilities and job scope based on the Company’s peer group and the results of executive compensation surveys, as well as the Company’s internal equity considerations. Each year, at its December meeting, the Compensation Committee reviews and establishes the base salaries of the Company’s executive officers for the next calendar year. Salary increases, if any, are based on individual performance, market conditions and Company performance. To gauge market conditions, the Compensation Committee evaluates the peer group and market data compiled by its independent compensation consultant. Base salaries are set upon review of the peer group and market data provided to the Compensation Committee upon consideration of the executive officer’s experience, tenure, performance and potential.
Annual Cash Incentive Compensation. The Company pays annual cash incentive compensation to its chief executive officer, other executive officers, and other key employees generally based upon the achievement of the Company’s planned pretax earnings and cash-flow objectives for the fiscal year, which are approved by the Compensation Committee no later than the first quarter of the year. For each fiscal year, each participant in the plan is assigned a “target incentive,” which is expressed as a percentage of the participant’s annual base salary. The cash incentive amount paid to a participant is determined by multiplying their target incentive by a performance percentage, which is calculated based on the extent to which the planned pretax earnings and cash flow objectives are achieved (excluding any items determined by the Compensation Committee to be extraordinary and not considered in the establishment of such targets), subject to the discretion of the Compensation Committee to increase or decrease such amount. Cash incentive payments are conditional upon the participant’s continued employment by the Company through the date of grant, and are pro-rated for employees who have served for less than a full year.
Long-Term Equity Incentive Compensation. The Company maintains a long-term equity incentive compensation plan for the benefit of its chief executive officer, other executive officers, and other key employees. Awards under the plan are made under the Stock Incentive Plan by the Compensation Committee. Such awards consisted of a mix of 50% performance-based restricted stock units, 35% time-based restricted stock units, and 15% stock appreciation rights, or “SARS”. The restricted stock units and SARS each have a three-year vesting period, vesting one-third each year equally, with the vesting of the performance-based restricted stock units based on performance against target earnings before interest, taxes, depreciation and amortization, or “EBITDA,” for 1 year, cumulative 2 years and cumulative 3 years, respectively (in each case excluding any items determined by the Compensation Committee to be extraordinary and not considered in the establishment of such targets). The total target long-term incentive award for each participant in the plan is expressed as a percentage of the participant’s base salary. The grant of any long-term equity is conditional upon the attainment of positive pretax earnings target for the prior year (excluding any items determined by the Compensation Committee to be extraordinary and not considered in the establishment of such targets), subject to the discretion of the Compensation Committee to increase or decrease the award.
Personal Benefits and Perquisites. The Company maintains a limited number of benefit programs available solely to the Company’s executive officers. The personal benefits are considered to constitute a part of the Company’s overall program and are presented in this light as part of the total compensation package approved by the Compensation Committee at the time of an executive officer’s hiring or promotion, as part of the Compensation Committee’s review of each executive officer’s annual total compensation, and in compensation discussions with executive officers.
Other Compensatory Plans
The Company’s executive officers also are eligible to participate in the Company’s 401(k) plan, which is available to all regular Company employees.
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/27/23 Trex Co. Inc. 10-K 12/31/22 91:8.9M Donnelley … Solutions/FA 2/28/22 Trex Co. Inc. 10-K 12/31/21 99:9.4M Donnelley … Solutions/FA 5/10/21 Trex Co. Inc. 10-Q 3/31/21 74:4.5M Donnelley … Solutions/FA 2/22/21 Trex Co. Inc. 10-K 12/31/20 98:8.9M Donnelley … Solutions/FA |