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