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Share-Based Compensation Plans
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Plans

(4) Share-Based Compensation Plans

 

During the three months ended March 31, 2024 and 2023, we recognized share-based compensation expense of $7.5 and $5.1, respectively. The expense relates to stock options, deferred stock units, restricted stock units 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 $0.4 and $1.7 for the three months ended March 31, 2024 and 2023, respectively.

 

 

 

For the Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

Shares
Granted
(thousands)

 

 

Wtd.-Avg.
Per Share
Fair Value

 

 

Shares
Granted
(thousands)

 

 

Wtd.-Avg.
Per Share
Fair Value

 

Restricted Stock Units

 

 

333

 

 

 

63.82

 

 

 

260

 

 

 

81.92

 

Performance Share Units

 

 

179

 

 

 

71.16

 

 

 

133

 

 

 

86.48

 

Deferred Stock Units

 

 

16

 

 

 

79.47

 

 

 

15

 

 

 

83.21

 

Total Shares Granted

 

 

528

 

 

$

66.78

 

 

 

408

 

 

$

83.45