XML 96 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule Of Share-Based Compensation Expense Included In The Consolidated Statements Of Comprehensive Earnings

 

 

 

Three Months Ended March 31st,

 

 

 

2020

 

 

2019

 

G&A

 

$

20

 

 

$

23

 

Restructuring and transaction costs

 

 

 

 

 

22

 

Total

 

$

20

 

 

$

45

 

Related income tax benefit

 

$

 

 

$

9

 

 

Summary Of Unvested Restricted Stock Awards, Performance-Based Restricted Stock Awards And Performance Share Units

 

 

 

 

 

 

Performance-Based

 

 

Performance

 

 

 

Restricted Stock Awards

 

 

Restricted Stock Awards

 

 

Share Units

 

 

 

Awards

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

Awards

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

Units

 

 

 

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

 

(Thousands, except fair value data)

 

Unvested at 12/31/19

 

 

4,984

 

 

$

29.65

 

 

 

153

 

 

$

33.88

 

 

 

2,155

 

 

 

 

 

$

40.35

 

Granted

 

 

2,865

 

 

$

22.54

 

 

 

 

 

$

 

 

 

688

 

 

 

 

 

$

27.89

 

Vested

 

 

(1,733

)

 

$

29.42

 

 

 

(105

)

 

$

29.12

 

 

 

(455

)

 

 

 

 

$

52.56

 

Forfeited

 

 

(29

)

 

$

28.05

 

 

 

 

 

$

 

 

 

(304

)

 

 

 

 

$

52.56

 

Unvested at 3/31/20

 

 

6,087

 

 

$

26.37

 

 

 

48

 

 

$

44.12

 

 

 

2,084

 

 

(1

)

 

$

31.79

 

 

(1)

A maximum of 4.2 million common shares could be awarded based upon Devon’s final TSR ranking.

Summary Of Performance Share Units Grant-Date Fair Values And Their Related Assumptions

 

 

 

2020

 

Grant-date fair value

 

$

27.89

 

Risk-free interest rate

 

1.36%

 

Volatility factor

 

38.4%

 

Contractual term (years)

 

2.89

 

 

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

 

 

 

 

 

 

 

Performance-Based

 

 

 

 

 

 

 

Restricted Stock

 

 

Restricted Stock

 

 

Performance

 

 

 

Awards

 

 

Awards

 

 

Share Units

 

Unrecognized compensation cost

 

$

120

 

 

$

 

 

$

25

 

Weighted average period for recognition (years)

 

 

2.9

 

 

 

1.2

 

 

 

1.8