XML 100 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2013
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:
 
2013
 
2012
 
2011
 
(In Millions)
Compensation expense included in Entergy’s Consolidated Net Income
$4.1
 
$7.7
 
$10.4
Tax benefit recognized in Entergy’s Consolidated Net Income
$1.6
 
$3.0
 
$4.0
Compensation cost capitalized as part of fixed assets and inventory
$0.7
 
$1.5
 
$2.0
Schedule of Weighted Average Assumptions
The stock option weighted-average assumptions used in determining the fair values are as follows:
 
2013
 
2012
 
2011
Stock price volatility
24.61%
 
25.11%
 
24.25%
Expected term in years
6.69
 
6.55
 
6.64
Risk-free interest rate
1.31%
 
1.22%
 
2.70%
Dividend yield
4.75%
 
4.50%
 
4.20%
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, 2013 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, 2013
9,558,346

 
$79.77
 
 
 
 
Options granted
600,700

 
$64.60
 
 
 
 
Options exercised
(450,228
)
 
$53.69
 
 
 
 
Options forfeited/expired
(68,969
)
 
$78.38
 
 
 
 
Options outstanding as of December 31, 2013
9,639,849

 
$80.06
 
$—
 
4.5 years
Options exercisable as of December 31, 2013
8,782,153

 
$81.32
 
$—
 
5.2 years
Weighted-average grant-date fair value of
options granted during 2013
$8.00
 
 
 
 
 
 
Schedule of Stock Options Outstanding
The following table summarizes information about stock options outstanding as of December 31, 2013:
 
 
 
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
 
12/31/2013
 
 
 
12/31/2013
 

$51
 -
$64.99
 
1,205,581

 
0.6
 
$61.55
 
613,481

 
$58.60

$65
 -
$78.90
 
5,341,851

 
5.3
 
$72.91
 
5,076,255

 
$72.93

$79
 -
$91.99
 
1,621,817

 
4.1
 
$91.82
 
1,621,817

 
$91.82

$92
 -
$108.20
 
1,470,600

 
5.1
 
$108.20
 
1,470,600

 
$108.20

$51
 -
$108.20
 
9,639,849

 
4.5
 
$80.06
 
8,782,153

 
$81.32
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:
 
2013
 
2012
 
2011
 
(In Millions)
Compensation expense included in Entergy’s Consolidated Net Income
$16.4
 
$11.4
 
$3.9
Tax benefit recognized in Entergy’s Consolidated Net Income
$6.3
 
$4.4
 
$1.5
Compensation cost capitalized as part of fixed assets and inventory
$2.6
 
$2.0
 
$0.7
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:
 
2013
 
2012
 
2011
 
(In Millions)
Fair value of long-term performance units as of December 31,
$11.1
 

$4.3

 

$7.3

Compensation expense included in Entergy’s Consolidated Net Income
$6.0
 

($5.0
)
 

$0.7

Tax benefit (expense) recognized in Entergy’s Consolidated Net Income
$2.3
 

($1.9
)
 

$0.3

Compensation cost capitalized as part of fixed assets and inventory
$0.9
 

($0.9
)
 

$0.1
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:
 
2013
 
2012
 
2011
 
(In Millions)
Fair value of restricted awards as of December 31,
$2.5
 
$3.0
 
$6.6
Compensation expense included in Entergy’s Consolidated Net Income
$1.4
 
$1.3
 
$3.7
Tax benefit recognized in Entergy’s Consolidated Net Income
$0.6
 
$0.5
 
$1.4
Compensation cost capitalized as part of fixed assets and inventory
$0.2
 
$0.2
 
$0.7