XML 58 R47.htm IDEA: XBRL DOCUMENT v3.23.2

Share-based Payments (Tables)

6 Months Ended

Jun. 30, 2023

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Compensation Costs Related to Share-Based Payments

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​

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Three months ended

Six months ended

​

​

June 30,

​

June 30,

​

2023

2022

2023

2022

Selling, general and administrative:

​

​

​

​

Stock option compensation expense

​

$

1.6

​

$

3.0

​

$

4.3

​

$

5.6

Equity-classified share units

​

​

9.4

​

​

8.8

​

​

12.9

​

​

11.7

Liability-classified share units

​

​

0.5

​

​

1.1

​

​

0.5

​

​

0.3

Employee share purchase plan - employer contributions

​

0.8

​

0.7

​

1.3

​

1.4

​

​

​

12.3

​

​

13.6

​

​

19.0

​

​

19.0

Acquisition-related and integration costs:

​

​

​

​

​

​

​

​

​

Acceleration of share-based payments expense

​

​

0.9

​

​

—

​

​

5.9

​

​

—

Share-based continuing employment costs

​

0.9

​

2.1

​

1.9

​

4.2

​

​

1.8

​

2.1

​

7.8

​

4.2

​

​

$

14.1

​

$

15.7

​

$

26.8

​

$

23.2

Summary of Stock Option Activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Stock options

​

Premium-priced stock options

​

​

​

​

​

​

WA

​

​

​

​

​

​

​

​

​

WA

​

​

​

​

Common

​

WA

​

remaining

​

Aggregate

​

Common

​

WA

​

remaining

​

Aggregate

​

shares under

​

exercise

​

contractual

​

intrinsic

​

shares under

​

exercise

​

contractual

​

intrinsic

​

option

price

life (in years)

value

option

price

life (in years)

value

Outstanding, December 31, 2022

2,730,295

​

$

46.88

​

​

7.3

​

$

31.2

​

1,118,432

​

$

91.26

​

​

4.7

​

$

—

Granted

—

​

​

—

​

—

​

—

​

—

​

​

—

​

​

—

​

​

—

Assumed in IAA acquisition (Note 5)

187,727

​

​

50.96

​

​

—

​

​

—

​

—

​

​

—

​

​

—

​

​

—

Exercised

(101,074)

​

​

38.59

​

​

—

​

​

1.7

​

—

​

​

—

​

​

—

​

​

—

Forfeited

(61,935)

​

​

45.96

​

—

​

—

​

(54,423)

​

​

91.12

​

—

​

—

Expired

(6,614)

​

61.55

​

—

​

—

​

—

​

—

​

—

​

—

Outstanding, June 30, 2023

2,748,399

​

$

47.44

​

​

6.4

​

$

35.6

​

1,064,009

​

$

91.27

​

​

4.1

​

$

—

Exercisable, June 30, 2023

2,070,214

​

$

44.03

​

​

5.8

​

$

33.6

​

43,242

​

$

91.21

​

1.7

​

$

—

Summary of Share Unit Activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Equity-classified awards

​

Liability-classified awards

​

​

PSUs

​

PSUs with Market Conditions

​

RSUs

​

DSUs

​

​

​

​

WA grant

​

​

​

WA grant

​

​

​

WA grant

​

​

​

​

WA grant

​

​

​

​

date fair

​

​

​

date fair

​

​

​

date fair

​

​

​

​

date fair

​

Number

value

Number

value

Number

value

​

Number

value

Outstanding, December 31, 2022

662,634

​

$

51.71

​

102,879

​

$

66.08

​

68,024

​

$

58.32

​

108,365

​

$

39.35

Granted

12,027

​

57.04

​

—

​

—

​

333,778

​

52.11

​

12,300

​

52.55

Assumed in IAA acquisition (Note 5)

—

​

—

​

—

​

—

​

366,379

​

52.79

​

—

​

—

Vested and settled

(283,086)

​

42.23

​

—

​

—

​

(233,828)

​

52.85

​

—

​

—

Forfeited

(15,323)

​

58.60

​

(2,691)

​

65.45

​

(5,416)

​

60.07

​

—

​

—

Outstanding at June 30, 2023

376,252

​

$

58.73

​

100,188

​

$

66.10

​

528,937

​

$

52.97

​

120,665

​

$

40.70

Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Significant Assumptions Used to Estimate the Fair Value of Stock Options

​

​	​	​	​
Six months ended June 30,		2022
Risk free interest rate		2.2	%
Expected dividend yield		1.74	%
Expected lives of the stock options		4	years
Expected volatility		31.7	%

Premium-priced Stock Options

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Significant Assumptions Used to Estimate the Fair Value of Stock Options

​

​	​	​	​
Six months ended June 30,		2022	​
Risk free interest rate		3.0	%
Expected dividend yield		1.63	%
Expected lives of the stock options	​	4	years
Expected volatility		30.2	%

Performance Share Units With Market Conditions [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Significant Assumptions Used to Estimate the Fair Value of Stock Options

​

​	​	​	​
Six months ended June 30,		2022	​
Risk free interest rate		2.7	%
Expected dividend yield		1.63	%
Expected lives of the PSUs	​	2	years
Expected volatility		33.4	%
Average expected volatility of comparable companies	​	34.4	%

IAA | Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Significant Assumptions Used to Estimate the Fair Value of Stock Options

​

​	​	​	​
Six months ended June 30,		2023
Risk free interest rate		3.9	%
Expected dividend yield		2.05	%
Expected lives of the stock options		2	years
Expected volatility		33.3	%

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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