XML 22 R24.htm IDEA: XBRL DOCUMENT v3.19.3
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
During the three and nine months ended September 30, 2019 and 2018, WESCO granted the following stock-settled stock appreciation rights, restricted stock units and performance-based awards at the following weighted-average fair values:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
2019
 
September 30,
2018
 
September 30,
2019
 
September 30,
2018
Stock-settled stock appreciation rights granted

 
9,415

 
213,618

 
509,046

Weighted-average fair value
$

 
$
17.40

 
$
16.36

 
$
18.38

 
 
 
 
 
 
 
 
Restricted stock units granted
6,256

 
2,686

 
181,800

 
119,457

Weighted-average fair value
$
47.95

 
$
61.41

 
$
54.41

 
$
62.72

 
 
 
 
 
 
 
 
Performance-based awards granted

 

 
126,874

 
44,144

Weighted-average fair value
$

 
$

 
$
54.64

 
$
62.80


Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block]
The following table sets forth a summary of stock-settled stock appreciation rights and related information for the nine months ended September 30, 2019:
 
Awards
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual Term (In years)
 
Aggregate
Intrinsic
Value
(In thousands)
Outstanding at December 31, 2018
2,351,633

 
$
59.26

 
 
 
 
     Granted
213,618

 
54.63

 
 
 
 
     Exercised
(108,022
)
 
34.84

 
 
 
 
     Forfeited
(87,351
)
 
65.96

 
 
 
 
Outstanding at September 30, 2019
2,369,878

 
59.71

 
5.8
 
$
4,948

Exercisable at September 30, 2019
1,749,201

 
$
59.00

 
4.9
 
$
4,948


Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
The following table sets forth a summary of time-based restricted stock units and related information for the nine months ended September 30, 2019:
 
Awards
 
Weighted-
Average
Fair
Value
Unvested at December 31, 2018
327,798

 
$
57.87

     Granted
181,800

 
54.41

     Vested
(118,560
)
 
44.58

     Forfeited
(17,736
)
 
59.57

Unvested at September 30, 2019
373,302

 
$
60.25


Schedule of Nonvested Performance-based Units Activity [Table Text Block] The following table sets forth a summary of performance-based awards for the nine months ended September 30, 2019:
 
Awards
 
Weighted-
Average
Fair
Value
Unvested at December 31, 2018
138,896

 
$
59.33

     Granted
126,874

 
54.64

     Vested
(25,696
)
 
42.44

     Forfeited
(44,769
)
 
52.15

Unvested at September 30, 2019
195,305

 
$
60.24


Stock Appreciation Rights (SARs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of stock-settled stock appreciation rights was estimated using the following weighted-average assumptions:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
2019
 
September 30,
2018
 
September 30,
2019
 
September 30,
2018
Risk free interest rate
n/a
 
2.8
%
 
2.5
%
 
2.5
%
Expected life (in years)
n/a
 
5

 
5

 
5

Expected volatility
n/a
 
28
%
 
29
%
 
28
%