Stock-Based Compensation

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement [Text Block]

Stock-Based Compensation

The following table summarizes OG&E's pre-tax compensation expense and related income tax benefit during the three and six months ended June 30, 2020 and 2019 related to OGE Energy's performance units and restricted stock units for OG&E employees.

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2020		2019		2020		2019
Performance units:
Total shareholder return	$	0.6	$	0.7	$	1.3	$	1.5
Earnings per share	—		0.2		0.1		0.3
Total performance units	0.6		0.9		1.4		1.8
Restricted stock units	0.1		0.1		0.2		0.2
Total compensation expense	$	0.7	$	1.0	$	1.6	$	2.0
Income tax benefit	$	0.2	$	0.2	$	0.4	$	0.5

During the six months ended June 30, 2020, OGE Energy purchased 255,000 shares of its common stock at an average cost of $38.04 per share on the open market, and 89,225 of these shares were used during the same period to satisfy payouts of earned performance units to OG&E employees pursuant to OGE Energy's Stock Incentive Plan.