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Share-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation Restricted Stock Units Performance Awards Weighting
Each executive will receive between 0% and 200% of his or her target performance-based award based on the Company’s performance against established company-wide performance metrics, which are:
Metric
2013 - 2015 Grants
 
 
2012 Grant
Average return on net assets (1)
50%
 
 
50%
Cumulative net income
N/A
 
 
30%
Cumulative earnings per share (2)
30%
 
 
N/A
Relative total shareholder return (3)
20%
 
 
20%
(1)
Average return on net assets is measured by tax-affected operating income divided by average net working capital plus average net property, plant and equipment for each calendar year during the respective performance period.
(2)
Cumulative earnings per share is measured by net income attributable to Delphi divided by the weighted average number of diluted shares outstanding for the respective three-year performance period.
(3)
Relative total shareholder return is measured by comparing the average closing price per share of the Company’s ordinary shares for all available trading days in the fourth quarter of the end of the performance period to the average closing price per share of the Company’s ordinary shares for all available trading days in the fourth quarter of the year preceding the grant, including dividends, and assessed against a comparable measure of competitor and peer group companies.
Schedule of Executive RSU Grants
The details of the executive grants were as follows:
Grant Date
 
RSUs Granted
 
Time-Based Award Vesting Dates
 
Performance-Based Award Vesting Date
 
 
(in millions)
 
 
 
 
February 2012
 
1.88

 
Annually on anniversary of grant date, 2013 - 2015
 
December 31, 2014
February 2013
 
1.45

 
Annually on anniversary of grant date, 2014 - 2016
 
December 31, 2015
February 2014
 
0.78

 
Annually on anniversary of grant date, 2015 - 2017
 
December 31, 2016
February 2015
 
0.90

 
Annually on anniversary of grant date, 2016 - 2018
 
December 31, 2017
Schedule of Share-based Compensation Restricted Stock Units Award Activity
A summary of activity, including award grants, vesting and forfeitures is provided below:
 
RSUs
 
Weighted Average Grant
Date Fair Value
 
(in thousands)
 
 
Nonvested, January 1, 2015
2,274

 
$
50.38

Granted
946

 
84.55

Vested
(526
)
 
39.92

Forfeited
(152
)
 
61.93

Nonvested, June 30, 2015
2,542

 
64.58