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Share-Based Compensation Plans
3 Months Ended
Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Share-Based Compensation Plans

(4) Share-Based Compensation Plans

During the three months ended March 31, 2021 and 2020, we recognized share-based compensation expense of $7.5 and $4.6, respectively. The expense relates to stock options, deferred stock, restricted stock and performance share units. We recognize share-based compensation expense in selling and administrative expenses on a straight-line basis over the service period of each award. Consideration received from share-based awards was $1.7 and $10.0 for the three months ended March 31, 2021 and 2020, respectively.

Our annual grant of share-based compensation generally takes place during the first quarter of each fiscal year. The number of shares granted to employees and members of our Board of Directors, and the weighted-average fair value per share for shares granted during the first quarter of 2021 and 2020 are presented in the table below:

 

 

For the Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

Shares

Granted

(thousands)

 

 

Wtd.-Avg.

Per Share

Fair Value

 

 

Shares

Granted

(thousands)

 

 

Wtd.-Avg.

Per Share

Fair Value

 

Stock Options

 

 

130

 

 

$

22.83

 

 

 

156

 

 

$

18.95

 

Deferred Stock Units

 

 

12

 

 

 

90.18

 

 

 

11

 

 

 

97.10

 

Restricted Stock Units

 

 

197

 

 

 

85.66

 

 

 

188

 

 

 

86.47

 

Performance Share Units

 

 

203

 

 

 

84.34

 

 

 

119

 

 

 

85.25

 

Total Shares Granted

 

 

542

 

 

$

70.19

 

 

 

474

 

 

$

64.18