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Stock-Based Compensation
 3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Stock-Based Compensation

The following table summarizes OG&E's pre-tax compensation expense and related income tax benefit during the three months ended March 31, 2015 and 2014 related to performance units and restricted stock for OG&E employees.
 
Three Months Ended March 31,
(In millions)
2015
2014
Performance units
 
 
Total shareholder return
$
0.6

$
0.5

Earnings per share
0.2

0.4

Total compensation expense
$
0.8

$
0.9

Income tax benefit
$
0.3

$
0.4



OGE Energy has issued new shares to satisfy restricted stock grants and payouts of earned performance units. During the three months ended March 31, 2015, there were 17,727 shares of new OGE Energy common stock issued to OG&E's employees pursuant to OGE Energy's stock incentive plans related to restricted stock grants (net of forfeitures) and payouts of earned performance units. During the three months ended March 31, 2015, there were 711 shares of restricted stock returned to OG&E to satisfy tax liabilities.

The following table summarizes the activity of OG&E's stock-based compensation during the three months ended March 31, 2015.
 
Units/Shares
Fair Value
Grants
 

 

Performance units (Total shareholder return)
90,098

$
31.02

Performance units (Earnings per share)
30,034

$
33.99

Conversions
 
 
Performance units (Total shareholder return) (A)
73,020

N/A

Performance units (Earnings per share) (A)
24,339

N/A

(A)
Performance units were converted based on a payout ratio of 29 percent of the target number of performance units granted in February 2012 and are included in the 17,727 shares of common stock issued during the three months ended March 31, 2015 as discussed above.