XML 97 R46.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Share-Based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block] The stock option weighted-average assumptions used in determining the fair values are as follows:
 202420232022
Stock price volatility25.24%24.89%24.27%
Expected term in years6.886.896.92
Risk-free interest rate4.03%3.51%1.77%
Dividend yield4.30%4.00%4.00%
Dividend payment per share$2.30$2.17$2.05
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
A summary of stock option activity for the year ended December 31, 2024 and changes during the year are presented below:
 
 
 
Number
of Options
Weighted-
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
Weighted-
Average
Contractual Life
(Dollars In Thousands, Except Per Share Data)
Options outstanding as of January 1, 2024
5,797,416 $48.83  
Options granted704,398 $49.54  
Options exercised(3,114,546)$43.83  
Options forfeited/expired(160,812)$57.69  
Options outstanding as of December 31, 2024
3,226,456 $53.38$72,4106.62
Options exercisable as of December 31, 2024
1,935,970 $54.38$41,5155.44
Weighted-average grant-date fair value of options granted during 2024
$9.31   
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table summarizes information about stock options outstanding as of December 31, 2024:
 Options OutstandingOptions Exercisable
Range of Exercise Price
As of December 31, 2024
Weighted-Average Remaining Contractual Life-Yrs.Weighted-Average Exercise Price
Number Exercisable as of December 31, 2024
Weighted-Average Exercise Price
$31.00  -$39.99248,134 2.66$37.48248,134 $37.48
$40.00  -$49.991,145,520 7.49$48.28467,062 $46.46
$50.00  -$59.991,158,822 7.51$54.55546,794 $54.65
$60.00  -$65.86673,980 5.08$65.86673,980 $65.86
$63.17  -$131.723,226,456 6.62$53.381,935,970 $54.38
Employee Stock Option  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for stock options for each of the years presented:
 202420232022
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$4.0$4.1$4.2
Tax benefit recognized in Entergy’s consolidated net income$1.0$1.1$1.1
Compensation cost capitalized as part of fixed assets and materials and
supplies
$1.9$1.9$1.7
Restricted Stock [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for restricted stock for each of the years presented:
 202420232022
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$24.4$22.2$23.2
Tax benefit recognized in Entergy’s consolidated net income$6.2$5.7$5.9
Compensation cost capitalized as part of fixed assets and materials and
supplies
$11.3$9.7$9.2
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table includes information about the restricted stock awards outstanding as of December 31, 2024:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2024
1,253,547 $53.64
Granted874,190 $49.68
Vested(605,320)$52.60
Forfeited(75,166)$52.47
Outstanding shares at December 31, 2024
1,447,251 $51.74
Long Term Performance Unit [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for the long-term performance units for each of the years presented:
 202420232022
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$12.0$11.1 $16.0 
Tax benefit recognized in Entergy’s consolidated net income$3.1$2.8 $4.1 
Compensation cost capitalized as part of fixed assets and materials and
supplies
$5.7$5.2 $6.7 
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block]
The following table includes information about the long-term performance units outstanding at the target level as of December 31, 2024:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2024
962,002 $60.56
Granted404,760 $59.03
Vested(432,804)$53.88
Forfeited(47,356)$63.99
Outstanding shares at December 31, 2024
886,602 $62.94
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for restricted stock unit awards for each of the years presented:
 202420232022
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$2.5$2.8$2.0
Tax benefit recognized in Entergy’s consolidated net income$0.6$0.7$0.5
Compensation cost capitalized as part of fixed assets and materials and
supplies
$1.2$1.2$0.8
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table includes information about the restricted stock unit awards outstanding as of December 31, 2024:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2024
279,000 $52.55
Granted55,174 $66.26
Vested(87,192)$51.70
Forfeited(16,924)$44.90
Outstanding shares at December 31, 2024
230,058 $56.73