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Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Share-based Compensation |
Schedule of service phantom interest and performance phantom interest values |
|  | December 31, 2010 |
--- | --- | --- | ---
Service Phantom interest (per point) |  | $ | 14.64 |
Performance Phantom interest (per point) |  | $ | 21.25 |
Summary of restricted stock and restricted stock units grant activity and changes |
|  | Restricted Shares |  | Weighted- Average Grant-Date Fair Value |  | Aggregate Intrinsic Value |
--- | --- | --- | --- | --- | --- | --- | ---
|  |  |  |  |  | (in thousands) |
Non-vested at December 31, 2009 |  |  | 177,060 |  | $ | 6.59 |  | $ | 1,215 |
Granted |  |  | 1,307,378 |  |  | 11.42 |  |  |  |
Vested |  |  | (113,457 | ) |  | 9.79 |  |  |  |
Forfeited |  |  | (1,799 | ) |  | 4.14 |  |  |  |
Non-vested at December 31, 2010 |  |  | 1,369,182 |  | $ | 10.94 |  | $ | 20,784 |
Granted |  |  | 826,959 |  |  | 18.79 |  |  |  |
Vested |  |  | (557,355 | ) |  | 11.83 |  |  |  |
Forfeited |  |  | (4,632 | ) |  | 8.67 |  |  |  |
Non-vested at December 31, 2011 |  |  | 1,634,154 |  | $ | 14.61 |  | $ | 30,608 |
Granted |  |  | 318,508 |  |  | 43.66 |  |  |  |
Vested |  |  | (740,811 | ) |  | 13.59 |  |  |  |
Forfeited |  |  | (66,240 | ) |  | 16.54 |  |  |  |
Non-vested at December 31, 2012 |  |  | 1,145,611 |  | $ | 23.24 |  | $ | 55,894 |
Summary of activity and price information regarding stock options granted |
|  | Shares |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term |
--- | --- | --- | --- | --- | --- | --- | ---
Outstanding, December 31, 2009 |  |  | 32,350 |  | $ | 19.08 |  |  | 8.21 |
Granted |  |  | — |  |  | — |  |  |  |
Exercised |  |  | — |  |  | — |  |  |  |
Forfeited |  |  | (3,149 | ) |  | 21.61 |  |  |  |
Expired |  |  | (6,301 | ) |  | 21.61 |  |  |  |
Outstanding, December 31, 2010 |  |  | 22,900 |  | $ | 18.03 |  |  | 8.35 |
Granted |  |  | — |  |  | — |  |  |  |
Exercised |  |  | — |  |  | — |  |  |  |
Forfeited |  |  | — |  |  | — |  |  |  |
Expired |  |  | — |  |  | — |  |  |  |
Outstanding, December 31, 2011 |  |  | 22,900 |  | $ | 18.03 |  |  | 7.35 |
Granted |  |  | — |  |  | — |  |  |  |
Exercised |  |  | (22,900 | ) |  |  |  |  |  |
Forfeited |  |  | — |  |  | — |  |  |  |
Expired |  |  | — |  |  | — |  |  |  |
Outstanding, December 31, 2012 |  |  | — |  |  | — |  |  | — |
CALLC, CALLC II and CALLC III |
Share-based Compensation |
Schedule of key information for share-based compensation plans related to override units |
|  |  |  |  |  |  |  | *Compensation Expense for the Year Ended December 31, |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | Benchmark Value (per Unit) |  | Original Awards Issued |  |  |
Award Type |  | Grant Date |  | 2011 |  | 2010 |
|  |  |  |  |  |  |  | (in thousands) |
Override Operating Units |  | $ | 11.31 |  |  | 919,630 |  | June 2005 |  | $ | — |  | $ | 338 |
Override Operating Units |  | $ | 34.72 |  |  | 72,492 |  | December 2006 |  |  | — |  |  | 13 |
Override Value Units(a) |  | $ | 11.31 |  |  | 1,839,265 |  | June 2005 |  |  | 4,960 |  |  | 17,586 |
Override Value Units(b) |  | $ | 34.72 |  |  | 144,966 |  | December 2006 |  |  | 451 |  |  | 581 |
Override Units(c) |  | $ | 10.00 |  |  | 642,219 |  | February 2008 |  |  | 184 |  |  | 772 |
|  |  |  |  |  |  |  | Total |  | $ | 5,595 |  | $ | 19,290 |
* As CVR Energy's common stock price increased or decreased, compensation expense associated with the unvested CALLC and CALLC II override units increased or was reversed in correlation with the calculation of the fair value under the probability-weighted expected return method.
CVR Partners' Long-Term Incentive Plan |
Share-based Compensation |
Summary of common units and phantom units activity |
|  | Units |  | Weighted- Average Grant-Date Fair Value |  | Aggregate Intrinsic Value |
--- | --- | --- | --- | --- | --- | --- | ---
|  |  |  |  |  | (in thousands) |
Non-vested at April 13, 2011 |  |  | — |  | $ | — |  | $ | — |
Granted |  |  | 200,647 |  |  | 22.34 |  |  |  |
Vested |  |  | (36,076 | ) |  | 19.36 |  |  |  |
Forfeited |  |  | — |  |  | — |  |  |  |
Non-vested at December 31, 2011 |  |  | 164,571 |  | $ | 22.99 |  | $ | 4,085 |
Granted |  |  | 95,370 |  |  | 24.53 |  |  |  |
Vested |  |  | (58,129 | ) |  | 23.08 |  |  |  |
Forfeited |  |  | — |  |  | — |  |  |  |
Non-vested at December 31, 2012 |  |  | 201,812 |  | $ | 23.70 |  | $ | 5,094 |
Override Units |
Share-based Compensation |
Schedule of significant assumption used in the valuation of the Units |
|  | December 31,
--- | --- | ---
|  | 2010
Estimated forfeiture rate |  | None
Derived Service Period |  | Forfeiture schedule
Estimated fair value (per unit) |  | $2.60
Marketability and minority interest discounts |  | 10.0%
Volatility |  | 47.6%
Override Value Units |
Share-based Compensation |
Schedule of significant assumption used in the valuation of the Units |
|  | (a) Override Value Units December 31, |  | (b) Override Value Units December 31, |
--- | --- | --- | --- | --- | ---
|  | 2010 |  | 2010 |
Estimated forfeiture rate |  |  | None |  |  | None |
Derived service period |  |  | 6 years |  |  | 6 years |
CVR Energy's closing stock price |  | $ | 15.18 |  | $ | 15.18 |
Estimated fair value (per unit) |  | $ | 22.39 |  | $ | 6.56 |
Marketability and minority interest discounts |  |  | 20.0 | % |  | 20.0 | %
Volatility |  |  | 43.0 | % |  | 43.0 | %

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of share-based compensation 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
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 718 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (c)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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