Rendering

Component: (Network and Table)
Network
2319301 - Disclosure - Share-Based Compensation (Tables)
(http://www.allegion.com/role/ShareBasedCompensationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Share-based Arrangements with Employees and Nonemployees [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Share-based Arrangements with Employees and Nonemployees [Abstract]
 
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
The following table summarizes the expenses recognized for the years ended December 31:
 
In millions
 
2016
 
2015
 
2014
Stock options
 
$
4.1

 
$
3.7

 
$
3.3

RSUs
 
7.7

 
5.8

 
6.0

PSUs
 
4.8

 
5.0

 
3.9

Deferred compensation
 
0.8

 
0.3

 
0.8

Pre-tax expense
 
17.4

 
14.8

 
14.0

Tax benefit
 
(5.6
)
 
(4.4
)
 
(4.7
)
Total
 
$
11.8

 
$
10.4

 
$
9.3

 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The weighted average assumptions used were the following:
 
 
 
2016
 
2015
Dividend yield
 
0.83
%
 
0.69
%
Volatility
 
28.85
%
 
31.37
%
Risk-free rate of return
 
1.38
%
 
1.78
%
Expected life
 
6.0 years

 
6.0 years


 
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Changes in options outstanding under the plans for the years ended December 31, 2016, 2015 and 2014 are as follows:
 
 
 
Shares
subject
to option
 
Weighted-
average
exercise price (a)
 
Aggregate
intrinsic
value (millions)
 
Weighted-
average
remaining life (years)
December 31, 2013
 
2,482,056

 
$
25.21

 
 
 
 
Granted
 
188,817

 
54.07

 
 
 
 
Exercised
 
(683,383
)
 
24.18

 
 
 
 
Canceled
 
(25,462
)
 
43.89

 
 
 
 
December 31, 2014
 
1,962,028

 
28.11

 
 
 
 
Granted
 
220,679

 
57.85

 
 
 
 
Exercised
 
(575,564
)
 
22.98

 
 
 
 
Canceled
 
(14,976
)
 
47.28

 
 
 
 
December 31, 2015
 
1,592,167

 
33.91

 
 
 
 
Granted
 
231,521

 
57.91

 
 
 
 
Exercised
 
(447,019
)
 
26.04

 
 
 
 
Canceled
 
(63,599
)
 
53.40

 
 
 
 
Outstanding December 31, 2016
 
1,313,070

 
$
39.87

 
$
31.7

 
5.5
Exercisable December 31, 2016
 
929,677

 
$
32.64

 
$
29.2

 
4.4


(a)
The weighted average exercise price of awards represents the exercise price of the awards on the grant date converted to ordinary shares of the Company.
 
 
Schedule of Share-based Compensation, Activity [Table Text Block]
The following table summarizes information concerning currently outstanding and exercisable options:
 
  
 
 
 
 
 
Options outstanding
 
Options exercisable
Range of
exercise price
 
Number
outstanding at
December 31,
2016
 
Weighted-
average
remaining
life (years)
 
Weighted-
average
exercise
price
 
Number
outstanding at
December 31,
2016
 
Weighted-
average
remaining
life (years)
 
Weighted-
average
exercise
price
$
10.01

 
—
 
$
20.00

 
149,389

 
2.3
 
$
14.87

 
149,389

 
2.3

 
$
14.87

20.01

 
—
 
30.00

 
344,376

 
2.8
 
25.93

 
344,376

 
2.8

 
25.93

30.01

 
—
 
40.00

 
139,747

 
5.0
 
32.31

 
139,747

 
5.0

 
32.31

40.01

 
—
 
50.00

 
145,062

 
7.0
 
43.37

 
145,062

 
7.0

 
43.37

50.01

 
—
 
60.00

 
533,234

 
8.0
 
56.84

 
151,103

 
6.8

 
55.49

60.01

 
—
 
70.00

 
631

 
9.8
 
63.93

 
—

 
—

 
—

$
70.01

 
—
 
$
80.00

 
631

 
9.6
 
72.12

 
—

 
—

 
—



 

 


 
1,313,070

 
5.6
 
$
39.87

 
929,677

 
4.4

 
$
32.64

 
 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes RSU activity for the years ended December 31, 2016, 2015 and 2014:
 
 
 
RSUs
 
Weighted-
average grant
date fair value (a)
Outstanding and unvested at December 31, 2013
 
378,217

 
$
33.59

Granted
 
101,654

 
54.29

Vested
 
(149,392
)
 
28.68

Canceled
 
(5,319
)

43.66

Outstanding and unvested at December 31, 2014
 
325,160

 
42.15

Granted
 
121,153

 
59.69

Vested
 
(92,029
)
 
36.63

Canceled
 
(9,354
)
 
49.32

Outstanding and unvested at December 31, 2015
 
344,930

 
49.59

Granted
 
123,299

 
59.49

Vested
 
(220,854
)
 
45.83

Canceled
 
(41,741
)
 
52.40

Outstanding and unvested at December 31, 2016
 
205,634

 
$
58.99

 
 
Schedule of Share-based Compensation, Performance Shares [Table Text Block]
The following table summarizes PSU activity for the maximum number of shares that may be issued for the years ended December 31, 2016, 2015 and 2014:
 
 
PSUs
 
Weighted-average grant date fair value (a)
Outstanding and unvested at December 31, 2013
 
62,883

 
$
29.27

Granted
 
110,387

 
72.70

Forfeited
 
(12,138
)
 
50.96

Outstanding and unvested at December 31, 2014
 
161,132

 
57.39

Granted
 
58,323

 
66.47

Vested
 
(17,327
)
 
75.05

Forfeited
 
(85
)
 
75.05

Outstanding and unvested at December 31, 2015
 
202,043

 
64.92

Granted
 
94,201

 
64.83

Vested
 
(64,979
)
 
72.69

Forfeited
 
(21,661
)
 
57.07

Outstanding and unvested at December 31, 2016
 
209,604

 
$
56.02