Stock-Based Compensation |
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock-Based Compensation | Stock-Based Compensation Aggregate stock-based compensation expense for the three and nine months ended September 30, 2015 was $3 million and $14 million, which reflects expense incurred for stock option and restricted stock unit awards granted under the Halyard Health, Inc. Equity Participation Plan and the Halyard Health, Inc. Outside Directors’ Compensation Plan (together, the “Plans”). Aggregate stock-based compensation expense for the three and nine months ended September 30, 2014 was $3 million and $5 million, which reflects expense allocated to us for awards granted under Kimberly-Clark’s equity incentive plans. Stock Options Stock-based compensation expense related to stock options was $1 million and $5 million for the three and nine months ended September 30, 2015. A summary of stock option activity under the Plans is presented below:
The following table summarizes information about options outstanding as of September 30, 2015:
Restricted Share Units Stock-based compensation expense related to restricted share units was $2 million and $9 million for the three and nine months ended September 30, 2015. A summary of restricted share unit activity is presented below:
Prior Year Expense under Kimberly-Clark Equity Incentive Plans Kimberly-Clark maintains several equity incentive plans in which our executives and employees participated prior to the Spin-off. All awards granted under Kimberly-Clark’s plans were based on common shares of Kimberly-Clark stock and, as such, were reflected in Kimberly-Clark’s consolidated statements of equity and not in our combined statement of invested equity. Prior to the Spin-off, Kimberly-Clark allocated stock-based compensation expense to Halyard for employees of Kimberly-Clark’s health care business that became Halyard employees upon the Spin-off. Stock-based compensation expense charged to us by Kimberly-Clark under their incentive plans was $3 million and $5 million for the three and nine months ended September 30, 2014, respectively. |