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Share-Based Compensation Plans | 12 Months Ended
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Dec. 31, 2011
Share-Based Compensation Plans [Abstract] |
Share-Based Compensation Plans [Text Block] | Share-Based Compensation Plans The Omnicom Group Inc. 2007 Incentive Award Plan (“2007 Plan”) provides for the award of stock options, restricted stock and other awards. Upon adoption of the 2007 Plan, no new awards can be granted under any of our prior plans. In 2010, the shareholders approved an amendment to increase the maximum number of shares available for issuance under the 2007 Plan to 17.0 million shares plus any shares awarded under the 2007 Plan or any prior plan that have been forfeited or have expired. Any share of common stock subject to an option granted under the 2007 Plan counts against the limit as one share of common stock for every one share of common stock granted as an option award. Any share of common stock subject to an award other than an option award is counted against the limit as 2.5 shares of common stock for every one share of common stock awarded. The terms of each award and the exercise date are determined by the Compensation Committee of the Board of Directors ("Compensation Committee"). The 2007 Plan does not permit the holder of an award to elect cash settlement under any circumstances. At December 31, 2011, 6,299,646 shares are available for grant under the 2007 Plan. If all shares of common stock were subject to awards other than options, shares available for grant would be 2,519,858. Share-based employee compensation expense in 2011, 2010 and 2009, was $74.5 million, $69.3 million and $78.6 million, respectively. At December 31, 2011, unamortized share-based employee compensation that will be expensed over the next five years is $263.3 million. Stock Options Under the 2007 Plan, the exercise price of stock option awards may not be less than 100% of the market price of our common stock at the grant date and the option term cannot be longer than ten years from the grant date. Generally, stock option grants vest 30% on each of the first two grant date anniversaries and 40% three years from the grant date. Stock option activity for the three years ended December 31, 2011 was:
| 2011 |  | 2010 |  | 2009
| Shares |  | Weighted Average Exercise Price |  | Shares |  | Weighted Average Exercise Price |  | Shares |  | Weighted Average Exercise Price
Balance January 1 | 24,513,590 |  |  | $26.64 |  | 40,832,715 |  |  | $29.37 |  | 23,398,301 |  |  | $36.87
Options granted under 2007 Plan | 90,000 |  |  | $45.05 |  | 335,000 |  |  | $38.86 |  | 22,620,000 |  |  | $23.73
Options exercised | (6,034,181 | ) |  | $28.17 |  | (14,125,525 | ) |  | $33.03 |  | (545,586 | ) |  | $31.18
Options forfeited | (268,000 | ) |  | $27.15 |  | (2,528,600 | ) |  | $36.58 |  | (4,640,000 | ) |  | $39.52
Balance December 31 | 18,301,409 |  |  | $26.22 |  | 24,513,590 |  |  | $26.64 |  | 40,832,715 |  |  | $29.37
Options exercisable December 31 | 9,672,909 |  |  | $27.85 |  | 7,885,090 |  |  | $31.80 |  | 16,325,715 |  |  | $37.46
Options outstanding and exercisable at December 31, 2011 were:
|  |  |  | Options Outstanding |  | Options Exercisable
Range of Exercise Prices |  | Shares |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price |  | Shares |  | Weighted Average Exercise Price
$23.40 | to | $29.99 |  | 16,023,515 |  |  | 7.2 years |  | $23.72 |  | 7,945,515 |  |  | $24.05
$30.00 | to | $44.99 |  | 856,894 |  |  | 7.1 years |  | $37.93 |  | 371,394 |  |  | $38.24
$45.00 | to | $52.83 |  | 1,421,000 |  |  | 1.0 years |  | $47.30 |  | 1,356,000 |  |  | $47.30
|  |  |  | 18,301,409 |  |  |  |  |  |  | 9,672,909 |  |  |
The fair value of each option grant was determined on the grant date using the Black-Scholes option valuation model. The Black-Scholes assumptions (without adjusting for the risk of forfeiture and lack of liquidity) and the weighted average fair value per share for options granted were:
| 2011 |  | 2010 |  | 2009
Expected option lives | 5.0 years |  | 5.0 years |  | 5.0 years
Risk free interest rate | 0.9 | % | - | 1.8% |  | 1.8 | % | - | 2.6% |  | 1.7 | % | - | 2.5%
Expected volatility | 27.2 | % | - | 29.2% |  | 24.7 | % | - | 27.0% |  | 19.6 | % | - | 24.1%
Dividend yield | 2.3% - 2.8% |  | 1.9% - 2.4% |  | 1.5% - 2.5%
Weighted average fair value per option granted | $9.57 |  | $8.25 |  | $3.62
Restricted Shares Restricted stock activity for the three years ended December 31, 2011 was:
| 2011 |  | 2010 |  | 2009
Balance January 1 | 3,026,086 |  |  | 3,471,929 |  |  | 4,473,981 |
Shares granted | 4,688,716 |  |  | 868,273 |  |  | 664,217 |
Shares vested | (1,096,441 | ) |  | (1,089,136 | ) |  | (1,426,456 | )
Shares forfeited | (165,474 | ) |  | (224,980 | ) |  | (239,813 | )
Balance December 31 | 6,452,887 |  |  | 3,026,086 |  |  | 3,471,929 |
Weighted average per share fair value of shares granted | $ | 44.87 |  |  | $ | 36.63 |  |  | $ | 32.87 |
Weighted average per share fair value at December 31 | $ | 43.66 |  |  | $ | 41.79 |  |  | $ | 44.04 |
The market value of the restricted stock awards on the grant date is charged to additional paid-in capital and is amortized to expense over the restriction period. Restricted shares typically vest at 20% per year, provided the employee remains employed by us. Restricted shares may not be sold, transferred, pledged or otherwise encumbered until the forfeiture restrictions lapse. Under most circumstances, the employee forfeits the shares if employment ceases prior to the end of the restriction period. In 2011, the Compensation Committee granted 413,909 performance restricted stock units ("PRSUs") at a weighted average grant price of $48.56 to certain employees. Each PRSU represents the right to receive one share of our common stock on vesting. The ultimate number of PRSUs received by the employee depends on the Company's average return on equity over the three year period 2011 through 2013 compared to the average return on equity of a peer group of five principal competitors over the same period. The PRSUs vest over five years. One half of the PRSUs have a service only vesting condition and compensation expense is recognized on a straight-line basis over the service period. The other half of the PRSUs have service and performance vesting conditions and compensation expense is recognized on a graded-vesting basis. Over the performance period, the recognition of compensation expense is adjusted upward or downward based on our estimate of the probability of achievement of the performance target for the portion of the awards subject to the performance vesting conditions. At December 31, 2011, we expect that a substantial portion of the PRSUs with the performance condition feature will vest. ESPP We have an employee stock purchase plan (“ESPP”) that enables employees to purchase our common stock through payroll deductions over each plan quarter at 95% of the market price on the last trading day of the plan quarter. Purchases are limited to 10% of eligible compensation as defined by the Employee Retirement Income Security Act of 1974 (“ERISA”). During 2011, 2010 and 2009, employees purchased 161,929 shares, 267,931 shares and 418,237 shares, respectively, all of which were treasury shares, for which $7.0 million, $9.7 million and $12.0 million, respectively, was paid to us. At December 31, 2011, 9,555,685 shares are available for the ESPP.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 93-6 -Paragraph 53 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64, 65, A240 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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