XML 20 R21.htm IDEA: XBRL DOCUMENT
v3.20.1

Share Plans | 3 Months Ended
--- | ---
Mar. 29, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Share Plans | Share Plans Total share-based compensation expense for the quarters ended March 29, 2020, and March 31, 2019, was as follows:
|  | First Quarter |
| In millions | 2020 |  | 2019 |  |
| Total share-based compensation charges | $ | 0.5 |  |  | $ | 2.6 |  |  |
In March 2020, we issued our annual share-based compensation grants under the Luxfer Holdings PLC Long-Term Umbrella Incentive Plan. The total number of awards issued was approximately 130,000 and the weighted average fair value of options granted in 2020 was estimated to be $11.30 per share. The following table illustrates the assumptions used in deriving the fair value of share options granted during the First Quarter of 2020 and the year-ended December 31, 2019:
|  | 2020 |  | 2019 |
| Dividend yield (%) | 2.10 |  | 2.10 |
| Expected volatility range (%) | 39.00 |  | 35.06 - 44.20 |
| Risk-free interest rate (%) | 1.60 |  | 0.74 - 2.52 |
| Expected life of share options range (years) | 4.00 |  | 0.50 - 4.00 |
| Weighted average exercise price ($) | $1.00 |  | $1.00 |
| Model used | Black-Scholes |  | Black-Scholes & Monte-Carlo |
The expected life of the share options is based on historical data and current expectations, and is not necessarily indicative of exercise patterns that may occur. The expected volatility reflects the assumption that the historical volatility over a period similar to the life of the options is indicative of future trends, which may not necessarily be the actual outcome.

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration