2.0.0.10 false Share-Based Compensation 0205 - Disclosure - Share-Based Compensation true false false false 1 usd $ false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 Share-Based Compensation [Abstract] 0 us-gaap_ShareBasedCompensationAbstract us-gaap true na duration string No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false No definition available. false 3 Share-Based Compensation 1 us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock us-gaap true na duration string No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0   <div style="font-family: 'Times New Roman',Times,serif"> <div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Note 5. Share-Based Compensation</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">During the three months ended March 31, 2010 and 2009, the Company expensed share-based compensation awards under the Goodrich Equity Compensation Plan and the Goodrich Corporation 2008 Global Employee Stock Purchase Plan for employees and under the Outside Director Deferral and Outside Director Phantom Share plans for non-employee directors. A detailed description of the awards under these plans is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009. </div>   </div>  <div style="font-family: 'Times New Roman',Times,serif"> <div align="left" style="font-size: 10pt; margin-top: 6pt">The compensation cost recorded for share-based compensation plans during the three months ended March 31, 2010 and 2009 was $18.2 million and $13.4 million, respectively. The increase of $4.8 million from 2009 to 2010 was primarily due to a higher grant date fair value for the Restricted Stock Units and Stock Options plans and changes in the Company’s share price for the Outside Director Phantom Share plan. </div> <div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Grants</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">A summary of the Company’s grants during the three months ended March 31, 2010 and the weighted-average fair value per share are as follows: </div> <div align="center"> <table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">  <tr valign="bottom"> <td width="12%"> </td> <td width="5%"> </td> <td width="12%"> </td> <td width="5%"> </td> <td width="12%"> </td> <td width="5%"> </td> <td width="12%"> </td> <td width="5%"> </td> <td width="12%"> </td> <td width="5%"> </td> <td width="12%"> </td> </tr> <tr style="font-size: 8pt" valign="bottom"> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Stock Options</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Restricted Stock Units</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Performance Units</b></td> </tr> <tr style="font-size: 8pt" valign="bottom"> <td> </td> <td> </td> <td nowrap="nowrap" align="center"><b>Weighted Average</b></td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center"><b>Weighted Average</b></td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center"><b>Weighted Average</b></td> </tr> <tr style="font-size: 8pt" valign="bottom"> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Shares</b></td> <td> </td> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Fair Value Per Share</b></td> <td> </td> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Shares</b></td> <td> </td> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Fair Value Per Share</b></td> <td> </td> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Shares</b></td> <td> </td> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #000000"><b>Fair Value Per Share</b></td> </tr>   <tr valign="bottom"> <td align="center" valign="top"> <div style="margin-left:15px; text-indent:-15px">722,600 </div></td> <td> </td> <td align="center" valign="top">$20.73 </td> <td> </td> <td align="center" valign="top">496,750 </td> <td> </td> <td align="center" valign="top">$65.31 </td> <td> </td> <td align="center" valign="top">142,700 </td> <td> </td> <td align="center" valign="top">$86.42</td> </tr>  </table> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">The grant date fair value for the stock options with the three-year service condition was estimated under the Black-Scholes-Merton formula using the following weighted-average assumptions: </div> <div align="center"> <table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">  <tr valign="bottom"> <td width="76%"> </td> <td width="5%"> </td> <td width="3%"> </td> <td width="1%"> </td> <td width="3%"> </td> <td width="5%"> </td> <td width="3%"> </td> <td width="1%"> </td> <td width="3%"> </td> </tr> <tr style="font-size: 8pt" valign="bottom"> <td> </td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2010</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>2009</b></td> </tr>   <tr valign="bottom" style="background: #cceeff"> <td> <div style="margin-left:15px; text-indent:-15px">Risk-free interest rate (%) </div></td> <td> </td> <td> </td> <td align="right">2.9</td> <td> </td> <td> </td> <td> </td> <td align="right">1.8</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Expected dividend yield (%) </div></td> <td> </td> <td> </td> <td align="right">1.6</td> <td> </td> <td> </td> <td> </td> <td align="right">2.6</td> <td> </td> </tr> <tr valign="bottom" style="background: #cceeff"> <td> <div style="margin-left:15px; text-indent:-15px">Historical volatility factor (%) </div></td> <td> </td> <td> </td> <td align="right">35.0</td> <td> </td> <td> </td> <td> </td> <td align="right">33.3</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Weighted-average expected life of the options (years) </div></td> <td> </td> <td> </td> <td align="right">5.7</td> <td> </td> <td> </td> <td> </td> <td align="right">5.6</td> <td> </td> </tr>  </table> </div> <div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Employee Stock Purchase Plan Shares Issued</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">There were 406,778 and 345,851 shares of common stock issued during the three months ended March 31, 2010 and 2009, respectively. Employee contributions of $12.3 million and $10.4 million during the years ended December 31, 2009 and 2008, respectively, were used to purchase the Company’s stock during the three months ended March 31, 2010 and 2009, respectively. </div>   </div>  <div style="font-family: 'Times New Roman',Times,serif"> </div>  <!-- Begin Block Tagged Note false false false Disclosure of compensation-related costs for share-based compensation which may include disclosure of policies, compensation plan details, allocation of stock compensation, incentive distributions, share-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. 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