XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.23.2

Stock compensation (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of valuation assumptions used for valuation of fair value of stock compensation granted | We utilized the Black-Scholes valuation model for estimating the fair value of the stock compensation granted, with the following weighted-average assumptions:
| Employee Stock Options |  | Employee Stock Purchase Plan
| For the Three Months Ended |  | For the Six Months Ended |  | For the Three Months Ended |  | For the Six Months Ended
| June 30, |  | June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2023 |  | 2022
Average risk-free interest rates | 3.88 | % |  | 3.04 | % |  | 3.76 | % |  | 1.67 | % |  | 4.87 | % |  | 2.92 | % |  | 4.27 | % |  | 2.77 | %
Average expected life (in years) | 5.58 |  | 5.51 |  | 4.95 |  | 4.77 |  | 0.50 |  | 0.50 |  | 0.50 |  | 0.50
Volatility | 29 | % |  | 33 | % |  | 32 | % |  | 37 | % |  | 27 | % |  | 39 | % |  | 23 | % |  | 28 | %
Weighted-average fair value (in dollars) | $ | 22.57 |  |  | $ | 26.35 |  |  | $ | 26.78 |  |  | $ | 25.30 |  |  | $ | 13.82 |  |  | $ | 14.91 |  |  | $ | 14.08 |  |  | $ | 14.53 |
Schedule of option activity under the 2010 Stock Plan | Option activity under our 2010 Stock Incentive Plan (the “2010 Stock Plan”) was as follows:
| Shares Subject to Outstanding Options
| Shares |  | Weighted Average Exercise Price
Balance at December 31, 2022 | 12,650,359 |  | $ | 87.25 |
Options granted | 702,470 |  | $ | 78.53 |
Options exercised | (231,417) |  | $ | 67.05 |
Options cancelled | (755,507) |  | $ | 94.07 |
Balance at June 30, 2023 | 12,365,905 |  | $ | 86.72 |
Schedule of RSU award and PSU activity under the 2010 Stock Plan | Restricted stock unit (“RSU”) and performance share (“PSU”) award activity under the 2010 Stock Plan was as follows:
| Shares Subject to Outstanding Awards
| Shares |  | Grant Date Value
Balance at December 31, 2022 | 5,187,592 |  | $ | 81.24 |
RSUs granted | 829,206 |  | $ | 77.15 |
RSUs released | (186,167) |  | $ | 77.96 |
RSUs cancelled | (125,325) |  | $ | 80.67 |
PSUs cancelled | (971) |  | $ | 106.47 |
Balance at June 30, 2023 | 5,704,335 |  | $ | 80.77 |
Summary of shares available for grant | The following table summarizes our shares available for grant under the 2010 Stock Plan. Each RSU and PSU grant reduces the available share pool by 2 shares.
| Shares Available for Grant
Balance at December 31, 2022 | 5,056,370
Additional authorization | 12,500,000
Options, RSUs and PSUs granted | (2,360,882)
Options, RSUs and PSUs cancelled | 1,006,844
Balance at June 30, 2023 | 16,202,332

X
- Definition Tabular disclosure represents the schedule of share based compensation other than stock options activity. + References No definition available. + Details
Name: | incy_ScheduleOfRSUAwardAndPSUActivityUnderThe2010StockPlanTableTextBlock
Namespace Prefix: | incy_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock options plan and employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
Name: | incy_ScheduleOfShareBasedPaymentAwardStockOptionsAndEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | incy_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration