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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Financial Information For Stock Options
The following table includes financial information for stock options for each of the years presented:
 
2014
 
2013
 
2012
 
(In Millions)
Compensation expense included in Entergy’s Consolidated Net Income
$4.1
 
$4.1
 
$7.7
Tax benefit recognized in Entergy’s Consolidated Net Income
$1.6
 
$1.6
 
$3.0
Compensation cost capitalized as part of fixed assets and inventory
$0.7
 
$0.7
 
$1.5
Schedule of Weighted Average Assumptions
The stock option weighted-average assumptions used in determining the fair values are as follows:
 
2014
 
2013
 
2012
Stock price volatility
24.67%
 
24.61%
 
25.11%
Expected term in years
6.95
 
6.69
 
6.55
Risk-free interest rate
2.16%
 
1.31%
 
1.22%
Dividend yield
4.75%
 
4.75%
 
4.50%
Dividend payment per share
$3.32
 
$3.32
 
$3.32
Schedule of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2014 and changes during the year are presented below:
 
 
 
Number
of Options
 
Weighted-
Average
Exercise
Price
 
 
Aggregate
Intrinsic
Value
 
Weighted-
Average
Contractual Life
Options outstanding as of January 1, 2014
9,639,849

 
$80.06
 
 
 
 
Options granted
611,700

 
$63.17
 
 
 
 
Options exercised
(2,852,350
)
 
$68.19
 
 
 
 
Options forfeited/expired
(117,803
)
 
$82.48
 
 
 
 
Options outstanding as of December 31, 2014
7,281,396

 
$83.25
 
$30,830,809
 
4.3 years
Options exercisable as of December 31, 2014
6,232,998

 
$86.41
 
$6,657,504
 
3.6 years
Weighted-average grant-date fair value of
options granted during 2014
$8.71
 
 
 
 
 
 
Schedule of Stock Options Outstanding
The following table summarizes information about stock options outstanding as of December 31, 2014:
 
 
 
Options Outstanding
 
Options Exercisable
Range of
 
As of
 
Weighted-Avg.
Remaining
Contractual
Life-Yrs.
 
Weighted
Avg. Exercise
Price
 
Number
Exercisable
as of
 
Weighted
Avg. Exercise
Price
Exercise Prices
 
12/31/2014
 
 
 
12/31/2014
 

$51
 -
$64.99
 
1,138,602

 
8.6
 
$63.84
 
192,152

 
$64.60

$65
 -
$78.99
 
3,095,377

 
4.4
 
$74.31
 
2,993,429

 
$74.41

$79
 -
$91.99
 
1,604,717

 
2.1
 
$91.82
 
1,604,717

 
$91.82

$92
 -
$108.20
 
1,442,700

 
3.1
 
$108.20
 
1,442,700

 
$108.20

$51
 -
$108.20
 
7,281,396

 
4.3
 
$83.25
 
6,232,998

 
$86.41
Restricted Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Financial Information For Stock Options
The following table includes financial information for restricted stock for each of the years presented:
 
2014
 
2013
 
2012
 
(In Millions)
Compensation expense included in Entergy’s Consolidated Net Income
$19.3
 
$16.4
 
$11.4
Tax benefit recognized in Entergy’s Consolidated Net Income
$7.5
 
$6.3
 
$4.4
Compensation cost capitalized as part of fixed assets and inventory
$3.1
 
$2.6
 
$2.0
Long-Term Incentive Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Financial Information For Stock Options
The following table includes financial information for the long-term performance units for each of the years presented:
 
2014
 
2013
 
2012
 
(In Millions)
Fair value of long-term performance units as of December 31,
$23.4
 

$11.1

 

$4.3

Compensation expense included in Entergy’s Consolidated Net Income
$10.7
 

$6.0

 

($5.0
)
Tax benefit (expense) recognized in Entergy’s Consolidated Net Income
$4.1
 

$2.3

 

($1.9
)
Compensation cost capitalized as part of fixed assets and inventory
$1.5
 

$0.9

 

($0.9
)
Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Financial Information For Stock Options
The following table includes financial information for restricted unit awards for each of the years presented:
 
2014
 
2013
 
2012
 
(In Millions)
Fair value of restricted awards as of December 31,
$3.3
 
$2.5
 
$3.0
Compensation expense included in Entergy’s Consolidated Net Income
$2.2
 
$1.4
 
$1.3
Tax benefit recognized in Entergy’s Consolidated Net Income
$0.9
 
$0.6
 
$0.5
Compensation cost capitalized as part of fixed assets and inventory
$0.3
 
$0.2
 
$0.2