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Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Total Share-based Incentive Compensation Expense

The table below shows our total share-based incentive compensation expense:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(In millions)

 

2017

 

 

2016

 

Total share-based incentive compensation expense(1)(2)

 

$

11.6

 

 

$

15.0

 

 

(1)

The amounts included above do not include the expense related to our U.S. profit sharing contributions made in the form of our common stock or the expense or income related to SARs and certain cash-based awards. At March 31, 2017 and March 31, 2016, our other cash-based awards were not material to our Condensed Consolidated Balance Sheet or Statement of Operations.

(2)

Of the consolidated share-based incentive compensation expense, $3.5 million for the three months ended March 31, 2017 and $3.4 million for the three months ended March 31, 2016 were allocated to net earnings from discontinued operations, net of tax on the Condensed Consolidated Statement of Operations.
PSU Awards [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Number of PSUs Granted and Grant Date Fair Value

The number of PSUs granted and the grant date fair value of the PSUs are shown in the following table:

 

 

 

TSR

 

 

Net Sales CAGR

 

 

Adjusted EBITDA

 

Number of units granted

 

 

100,958

 

 

 

99,522

 

 

 

99,522

 

Fair value on grant date

 

$

46.07

 

 

$

45.36

 

 

$

45.36

 

 
Summary of Assumptions Used to Calculate the Grant Date Fair Value

 

The assumptions used to calculate the grant date fair value of the PSUs based on TSR are shown in the following table:

 

 

 

TSR portion of the 2017 PSU Award

 

Expected price volatility

 

 

25.0

%

Risk-free interest rate

 

 

1.60

%