XML 96 R44.htm IDEA: XBRL DOCUMENT v3.24.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
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:
 202320222021
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$4.1$4.2$4.2
Tax benefit recognized in Entergy’s consolidated net income$1.1$1.1$1.1
Compensation cost capitalized as part of fixed assets and materials and
supplies
$1.9$1.7$1.5
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:
 202320222021
Stock price volatility24.89%24.27%23.93%
Expected term in years6.896.926.93
Risk-free interest rate3.51%1.77%0.74%
Dividend yield4.00%4.00%4.00%
Dividend payment per share$4.34$4.10$3.86
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
A summary of stock option activity for the year ended December 31, 2023 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, 20232,776,355 $96.30  
Options granted281,874 $108.47  
Options exercised(111,929)$85.69  
Options forfeited/expired(47,592)$110.40  
Options outstanding as of December 31, 20232,898,708 $97.66$31,447,5295.66
Options exercisable as of December 31, 20232,191,916 $94.94$30,475,1614.83
Weighted-average grant-date fair value of options granted during 2023$20.07   
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table summarizes information about stock options outstanding as of December 31, 2023:
 Options OutstandingOptions Exercisable
Range of Exercise PriceAs of December 31, 2023Weighted-Average Remaining Contractual Life-Yrs.Weighted-Average Exercise PriceNumber Exercisable as of December 31, 2023Weighted-Average Exercise Price
$63.17  -$79.99772,974 3.18$73.58772,974 $73.58
$80.00  -$99.99972,138 5.45$92.30814,286 $91.61
$100.00  -$119.99685,327 8.48$109.14136,387 $109.59
$120.00  -$131.72468,269 6.08$131.72468,269 $131.72
$63.17  -$131.722,898,708 5.66$97.662,191,916 $94.94
Restricted Awards [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:
 202320222021
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$22.2$23.2$24.7
Tax benefit recognized in Entergy’s consolidated net income$5.7$5.9$6.3
Compensation cost capitalized as part of fixed assets and materials and
supplies
$9.7$9.2$9.3
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table includes information about the restricted stock awards outstanding as of December 31, 2023:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2023607,723 $107.55
Granted373,741 $108.35
Vested(294,145)$110.54
Forfeited(60,546)$105.64
Outstanding shares at December 31, 2023626,773 $106.80
Long Term Incentive Awards [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:
 202320222021
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$11.1$16.0 $14.5 
Tax benefit recognized in Entergy’s consolidated net income$2.8$4.1 $3.7 
Compensation cost capitalized as part of fixed assets and materials and
supplies
$5.2$6.7 $5.8 
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table includes information about the long-term performance units outstanding at the target level as of December 31, 2023:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2023521,838 $129.94
Granted156,627 $126.39
Vested(38,150)$162.14
Forfeited(159,314)$145.35
Outstanding shares at December 31, 2023481,001 $121.12
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:
 202320222021
 (In Millions)
Compensation expense included in Entergy’s consolidated net income$2.8$2.0$1.9
Tax benefit recognized in Entergy’s consolidated net income$0.7$0.5$0.5
Compensation cost capitalized as part of fixed assets and materials and
supplies
$1.2$0.8$0.7
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table includes information about the restricted stock unit awards outstanding as of December 31, 2023:
 SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding shares at January 1, 2023132,407 $105.75
Granted22,547 $102.05
Vested(6,142)$110.33
Forfeited(9,312)$103.37
Outstanding shares at December 31, 2023139,500 $105.11