Stock-Based Compensation

3 Months Ended

Mar. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Stock-Based Compensation

The following table summarizes the Company's pre-tax compensation expense and related income tax benefit during the three months ended March 31, 2017 and 2016 related to the Company's performance units and restricted stock.



	Three Months Ended March 31,
(In millions)	2017		2016
Performance units
Total shareholder return	$	1.5	$	1.1
Earnings per share	0.6		0.6
Total performance units	2.1		1.7
Restricted stock	—		—
Total compensation expense	2.1		1.7
Income tax benefit	$	0.8	$	0.6

During the three months ended March 31, 2017, the Company issued an immaterial number of shares to satisfy restricted stock grants.

The following table summarizes the activity of the Company's stock-based compensation during the three months ended March 31, 2017.



	Units/Shares	Fair Value Per Share
Grants
Performance units (Total shareholder return)	260,570	$	41.77
Performance units (Earnings per share)	86,857	$	34.95

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details