v3.25.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following table reports the compensation of our CEO and the average compensation of the other Named Executive Officers (non-CEO NEOs) as reported in the Summary Compensation Table for the past five fiscal years, as well as their “compensation actually paid” as calculated pursuant to recently adopted SEC rules and certain performance measures required by the rules.
Average
Summary
Compensation
Table Total
for Non-CEO
NEOs
(2) ($)
Average
Compensation
“Actually
Paid” to
Non-CEO
NEOs
(3) ($)
Value of Initial Fixed $100
Investment Based on:
Year(1)
Summary
Compensation
Table Total for
CEO
(2) ($)
Compensation
“Actually Paid”
to CEO
(3) ($)
Company
Total
Shareholder
Return ($)
(4)
Peer Group
Total
Shareholder
Return
(4) ($)
Net Income
($ in
thousands)
(5)
SaaS and
License
Revenue
(6)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2024 3,029,015 2,216,416 2,137,660 1,684,255 141.49 215.22 122,513 631,198
2023 2,437,575 4,607,821 2,236,629 3,404,619 150.38 167.30 80,340 569,200
2022 2,628,068 (1,979,284) 1,862,471 182,761 115.15 116.65 55,631 520,377
2021 3,613,596 1,586,343 2,220,484 1,494,706 197.37 174.36 51,175 460,372
2020 1,890,141 9,991,190 1,275,652 4,695,274 240.75 143.64 76,660 393,257
(1)
The CEO and non-CEO NEOs for each year reported were as follows: Stephen Trundle (PEO); Steve Valenzuela, Jeffrey Bedell, Daniel Kerzner, Daniel Ramos (Non-CEO NEOs)
(2)
The 2024 Summary Compensation Table totals reflected are as reported for the CEO and the average of the non-CEO NEOs for each of 2024, 2023, 2022, 2021, and 2020.
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” ​(all amounts are averages for the Non-CEO NEOs other than the CEO). For purposes of determining the compensation “actually paid,” no value was included for the pension benefit adjustments, because the Company does not provide such benefits to the NEOs (including the CEO).
Equity Award Adjustments
Year
Executives
Reported
Summary
Compensation
Table (SCT)
Total ($)
Stock Awards
Deducted
from SCT
Total (a) ($)
Stock Awards
Added to
Compensation
“Actually Paid”
($)
Stock Option
Awards
Deducted
from SCT
Total ($)
Stock Option
Awards
Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually
Paid” ​($)
(a)
(b)
(c)
(d)
(e)
2024 CEO 3,029,015 1,675,500 1,460,700 887,244 289,445 2,216,416
Non-CEO NEOs
2,137,660 1,030,433 893,247 454,713 138,493 1,684,255
2023 CEO 2,437,575 1,287,500 2,384,300 669,076 1,742,522 4,607,821
Non-CEO NEOs
2,236,629 791,813 1,427,147 788,953 1,321,608 3,404,619
2022 CEO 2,628,068 1,477,500 (921,300) 718,568 (1,489,984) (1,979,284)
Non-CEO NEOs
1,862,471 908,663 (375,779) 368,266 (27,003) 182,761
2021 CEO 3,613,596 2,062,750 1,042,650 1,090,846 83,693 1,586,343
Non-CEO NEOs
2,220,484 1,134,513 562,481 499,971 346,226 1,494,706
2020 CEO 1,890,141 948,500 4,652,750 417,641 4,814,440 9,991,190
Non-CEO NEOs
1,275,652 497,963 2,539,217 206,343 1,584,710 4,695,274
(4)
The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on December 31, 2019. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.
(5)
Represents, in thousands, the amount of net income (loss), reflected in the Company’s audited financial statements for the year indicated.
(6)
The Company has identified SaaS and License Revenue as our company-selected measure, as it represents the most important financial measure used to link compensation actually paid to the CEO and the non-CEO NEOs in 2024 to the Company’s performance.
       
Company Selected Measure Name SaaS and License Revenue        
Named Executive Officers, Footnote
(1)
The CEO and non-CEO NEOs for each year reported were as follows: Stephen Trundle (PEO); Steve Valenzuela, Jeffrey Bedell, Daniel Kerzner, Daniel Ramos (Non-CEO NEOs)
       
Peer Group Issuers, Footnote
(4)
The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on December 31, 2019. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.
       
PEO Total Compensation Amount $ 3,029,015 $ 2,437,575 $ 2,628,068 $ 3,613,596 $ 1,890,141
PEO Actually Paid Compensation Amount $ 2,216,416 4,607,821 (1,979,284) 1,586,343 9,991,190
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” ​(all amounts are averages for the Non-CEO NEOs other than the CEO). For purposes of determining the compensation “actually paid,” no value was included for the pension benefit adjustments, because the Company does not provide such benefits to the NEOs (including the CEO).
Equity Award Adjustments
Year
Executives
Reported
Summary
Compensation
Table (SCT)
Total ($)
Stock Awards
Deducted
from SCT
Total (a) ($)
Stock Awards
Added to
Compensation
“Actually Paid”
($)
Stock Option
Awards
Deducted
from SCT
Total ($)
Stock Option
Awards
Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually
Paid” ​($)
(a)
(b)
(c)
(d)
(e)
2024 CEO 3,029,015 1,675,500 1,460,700 887,244 289,445 2,216,416
Non-CEO NEOs
2,137,660 1,030,433 893,247 454,713 138,493 1,684,255
2023 CEO 2,437,575 1,287,500 2,384,300 669,076 1,742,522 4,607,821
Non-CEO NEOs
2,236,629 791,813 1,427,147 788,953 1,321,608 3,404,619
2022 CEO 2,628,068 1,477,500 (921,300) 718,568 (1,489,984) (1,979,284)
Non-CEO NEOs
1,862,471 908,663 (375,779) 368,266 (27,003) 182,761
2021 CEO 3,613,596 2,062,750 1,042,650 1,090,846 83,693 1,586,343
Non-CEO NEOs
2,220,484 1,134,513 562,481 499,971 346,226 1,494,706
2020 CEO 1,890,141 948,500 4,652,750 417,641 4,814,440 9,991,190
Non-CEO NEOs
1,275,652 497,963 2,539,217 206,343 1,584,710 4,695,274
       
Non-PEO NEO Average Total Compensation Amount $ 2,137,660 2,236,629 1,862,471 2,220,484 1,275,652
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,684,255 3,404,619 182,761 1,494,706 4,695,274
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” ​(all amounts are averages for the Non-CEO NEOs other than the CEO). For purposes of determining the compensation “actually paid,” no value was included for the pension benefit adjustments, because the Company does not provide such benefits to the NEOs (including the CEO).
Equity Award Adjustments
Year
Executives
Reported
Summary
Compensation
Table (SCT)
Total ($)
Stock Awards
Deducted
from SCT
Total (a) ($)
Stock Awards
Added to
Compensation
“Actually Paid”
($)
Stock Option
Awards
Deducted
from SCT
Total ($)
Stock Option
Awards
Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually
Paid” ​($)
(a)
(b)
(c)
(d)
(e)
2024 CEO 3,029,015 1,675,500 1,460,700 887,244 289,445 2,216,416
Non-CEO NEOs
2,137,660 1,030,433 893,247 454,713 138,493 1,684,255
2023 CEO 2,437,575 1,287,500 2,384,300 669,076 1,742,522 4,607,821
Non-CEO NEOs
2,236,629 791,813 1,427,147 788,953 1,321,608 3,404,619
2022 CEO 2,628,068 1,477,500 (921,300) 718,568 (1,489,984) (1,979,284)
Non-CEO NEOs
1,862,471 908,663 (375,779) 368,266 (27,003) 182,761
2021 CEO 3,613,596 2,062,750 1,042,650 1,090,846 83,693 1,586,343
Non-CEO NEOs
2,220,484 1,134,513 562,481 499,971 346,226 1,494,706
2020 CEO 1,890,141 948,500 4,652,750 417,641 4,814,440 9,991,190
Non-CEO NEOs
1,275,652 497,963 2,539,217 206,343 1,584,710 4,695,274
       
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: bc_actuallypaid-4c.jpg]
       
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_actuallypaidsaas-4c.jpg]
       
Total Shareholder Return Vs Peer Group
[MISSING IMAGE: lc_peergroup-4c.jpg]
       
Tabular List, Table
Tabular List of Financial Performance Measures
The Company considers the following to be the most important financial performance measures it uses to link actual compensation paid to its NEOs, for 2024, to Company performance. We do not currently use any other metrics, performance or otherwise, in our incentive compensation plans but may incorporate other metrics in the future.

SaaS and license revenue
Adjusted EBITDA
       
Total Shareholder Return Amount $ 141.49 150.38 115.15 197.37 240.75
Peer Group Total Shareholder Return Amount 215.22 167.3 116.65 174.36 143.64
Net Income (Loss) $ 122,513,000 $ 80,340,000 $ 55,631,000 $ 51,175,000 $ 76,660,000
Company Selected Measure Amount 631,198 569,200 520,377 460,372 393,257
PEO Name Stephen Trundle        
Measure:: 1          
Pay vs Performance Disclosure          
Name SaaS and license revenue        
Non-GAAP Measure Description
(6)
The Company has identified SaaS and License Revenue as our company-selected measure, as it represents the most important financial measure used to link compensation actually paid to the CEO and the non-CEO NEOs in 2024 to the Company’s performance.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
PEO | Stock Awards Deducted From SCT Total [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (1,675,500) $ (1,287,500) $ (1,477,500) $ (2,062,750) $ (948,500)
PEO | Stock Awards Added to Compensation Actually Paid [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,460,700 2,384,300 (921,300) 1,042,650 4,652,750
PEO | Stock Option Awards Deducted From SCT Total [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (887,244) (669,076) (718,568) (1,090,846) (417,641)
PEO | Stock Option Awards Added to Compensation Actually Paid [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 289,445 1,742,522 (1,489,984) 83,693 4,814,440
Non-PEO NEO | Stock Awards Deducted From SCT Total [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,030,433) (791,813) (908,663) (1,134,513) (497,963)
Non-PEO NEO | Stock Awards Added to Compensation Actually Paid [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 893,247 1,427,147 (375,779) 562,481 2,539,217
Non-PEO NEO | Stock Option Awards Deducted From SCT Total [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (454,713) (788,953) (368,266) (499,971) (206,343)
Non-PEO NEO | Stock Option Awards Added to Compensation Actually Paid [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 138,493 $ 1,321,608 $ (27,003) $ 346,226 $ 1,584,710