Share-Based Compensation (Tables)

11 Months Ended

Nov. 27, 2011

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Share-Based Compensation Expense

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Performance shares	$	2.4	$	2.1
Restricted shares		5.3		1.7
Non-employee directors' RSUs		0.6		0.4
Management performance shares		1.8		0.5
Share-based compensation included in Operation and maintenance expense		10.1		4.7
Income tax benefit		(3.5)		(1.6)
Total share-based compensation, net of tax	$	6.6	$	3.1

Summarized Stock Option Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Options:
Outstanding at beginning of period		351,500		417,500
Granted		-		-
Exercised		(75,500)		(66,000)
Expired		(276,000)		-
Forfeited		-		-
Outstanding at end of period		-		351,500
Exercisable at end of period		-		351,500
Weighted average option prices per share:
Outstanding at beginning of period	$	28.04	$	27.16
Granted	$	-	$	-
Exercised	$	21.02	$	21.00
Expired	$	29.42	$	-
Forfeited	$	-	$	-
Outstanding at end of period	$	-	$	28.04
Exercisable at end of period	$	-	$	28.04

Summarized Management Performance Shares Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Management performance shares:
Outstanding at beginning of period		104,124		84,241
Granted		49,510		37,480
Expired		(31,081)		-
Exercised		(111,289)		-
Forfeited		(11,264)		(17,597)
Outstanding at end of period		-		104,124
Exercisable at end of period		-		31,081

DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Share-Based Compensation Expense

	Years ended December 31,
$ in millions	2011		2010
Restricted stock units	$	-	$	-
Performance shares		2.4		2.1
Restricted shares		5.3		1.7
Non-employee directors' RSUs (a)		0.6		0.4
Management performance shares		1.8		0.5
Share-based compensation included in Operation and maintenance expense		10.1		4.7
Income tax benefit		(3.5)		(1.6)
Total share-based compensation, net of tax	$	6.6	$	3.1

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Weighted-average grant date fair value of options granted during the period	$	-	$	-
Intrinsic value of options exercised during the period	$	0.7	$	0.5
Proceeds from options exercised during the period	$	1.6	$	1.4
Excess tax benefit from proceeds of options exercised	$	0.2	$	0.1
Fair value of options that vested during the period	$	-	$	-
Unrecognized compensation expense	$	-	$	-
Weighted-average period to recognize compensation expense (in years)		-		-

Stock Options [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Stock Option Activity

	Years ended December 31,
$ in millions	2011		2010
Options:
Outstanding at beginning of period		351,500		417,500
Granted		-		-
Exercised		(75,500)		(66,000)
Expired		(276,000)		-
Forfeited		-		-
Outstanding at end of period		-		351,500
Exercisable at end of period		-		351,500
Weighted average option prices per share:
Outstanding at beginning of period	$	28.04	$	27.16
Granted	$	-	$	-
Exercised	$	21.02	$	21.00
Expired	$	29.42	$	-
Forfeited	$	-	$	-
Outstanding at end of period	$	-	$	28.04
Exercisable at end of period	$	-	$	28.04

Information About Share-based Compensation Activity During the Period

	Years ended December 31,
$ in millions	2011		2010
Weighted-average grant date fair value of options granted during the period	$	-	$	-
Intrinsic value of options exercised during the period	$	0.7	$	0.5
Proceeds from options exercised during the period	$	1.6	$	1.4
Excess tax benefit from proceeds of options exercised	$	0.2	$	0.1
Fair value of options that vested during the period	$	-	$	-
Unrecognized compensation expense	$	-	$	-
Weighted-average period to recognize compensation expense (in years)		-		-

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Restricted Stock Unit Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
RSUs:
Outstanding at beginning of period		-		3,311
Granted		-		-
Dividends		-		-
Exercised		-		(3,311)
Forfeited		-		-
Outstanding at end of period		-		-
Exercisable at end of period		-		-

Restricted Stock Units (RSUs) [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Restricted Stock Unit Activity

	Years ended December 31,
$ in millions	2011		2010
RSUs:
Outstanding at beginning of period		-		3,311
Granted		-		-
Dividends		-		-
Exercised		-		(3,311)
Forfeited		-		-
Outstanding at end of period		-		-
Exercisable at end of period		-		-

Restricted Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Shares Matching Criteria

Value (Cost Basis) of Shared Purchased as a % of 2009 Base Salary	Company % Match of Value of Shares Purchased
1%   to   25%	25%
>25%   to   50%	50%
>50%    to   100%	75%
>100%   to   200%	125%

Summarized Restricted Shares Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Restricted shares:
Outstanding at beginning of period		219,391		218,197
Granted		67,346		42,977
Exercised		(286,737)		(20,803)
Forfeited		-		(20,980)
Outstanding at end of period		-		219,391
Exercisable at end of period		-		-

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Weighted-average grant date fair value of restricted shares granted during the period	$	1.8	$	1.1
Intrinsic value of restricted shares exercised during the period	$	8.6	$	0.4
Proceeds from restricted shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of restricted shares exercised	$	0.5	$	0.1
Fair value of restricted shares that vested during the period	$	7.5	$	0.6
Unrecognized compensation expense	$	-	$	3.4
Weighted-average period to recognize compensation expense (in years)		-		2.7

Restricted Shares [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Shares Matching Criteria

Value (Cost Basis) of Shared Purchased as a % of 2009 Base Salary	Company % Match of Value of Shares Purchased
1%   to   25%		25%
>25%   to   50%		50%
>50%    to   100%		75%
>100%   to   200%		125%

Summarized Restricted Shares Activity

	Years ended December 31,
$ in millions	2011		2010
Restricted shares:
Outstanding at beginning of period		219,391		218,197
Granted		67,346		42,977
Exercised		(286,737)		(20,803)
Forfeited		-		(20,980)
Outstanding at end of period		-		219,391
Exercisable at end of period		-		-

Information About Share-based Compensation Activity During the Period

	Years ended December 31,
$ in millions	2011		2010
Weighted-average grant date fair value of restricted shares granted during the period	$	1.8	$	1.1
Intrinsic value of restricted shares exercised during the period	$	8.6	$	0.4
Proceeds from restricted shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of restricted shares exercised	$	0.5	$	0.1
Fair value of restricted shares that vested during the period	$	7.5	$	0.6
Unrecognized compensation expense	$	-	$	3.4
Weighted-average period to recognize compensation expense (in years)		-		2.7

Director RSU's [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Non-Employee Director Restricted Stock Units Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Restricted stock units:
Outstanding at beginning of period		16,320		20,712
Granted		14,392		15,752
Dividends accrued		3,307		2,484
Vested and exercised		(34,019)		(2,618)
Vested, exercised and deferred		-		(20,010)
Forfeited		-		-
Outstanding at end of period		-		16,320
Exercisable at end of period		-		-

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Weighted-average grant date fair value of non-employee Director RSUs granted during the period	$	0.5	$	0.5
Intrinsic value of non-employee Director RSUs exercised during the period	$	1.0	$	0.5
Proceeds from non-employee Director RSUs exercised during the period	$	-	$	-
Excess tax benefit from proceeds of non-employee Director RSUs exercised	$	-	$	-
Fair value of non-employee Director RSUs that vested during the period	$	1.0	$	0.6
Unrecognized compensation expense	$	-	$	0.1
Weighted-average period to recognize compensation expense (in years)		-		0.3

Director RSU's [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Non-Employee Director Restricted Stock Units Activity

	Years ended December 31,
$ in millions	2011		2010
Restricted stock units:
Outstanding at beginning of period		16,320		20,712
Granted		14,392		15,752
Dividends accrued		3,307		2,484
Vested and exercised		(34,019)		(2,618)
Vested, exercised and deferred		-		(20,010)
Forfeited		-		-
Outstanding at end of period		-		16,320
Exercisable at end of period		-		-

Information About Share-based Compensation Activity During the Period

P3M18D

Management Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair Value of the Management Performance Shares Granted

	Predecessor
	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Expected volatility		24.0%		24.3%
Weighted-average expected volatility		24.0%		24.3%
Expected life (years)		3.0		3.0
Expected dividends		5.0%		4.5%
Weighted-average expected dividends		5.0%		4.5%
Risk-free interest rate		1.2%		1.4%

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Weighted-average grant date fair value of management performance shares granted during the period	$	1.3	$	0.9
Intrinsic value of management performance shares exercised during the period	$	3.3	$	-
Proceeds from management performance shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of management performance shares exercised	$	-	$	-
Fair value of management performance shares that vested during the period	$	2.7	$	0.9
Unrecognized compensation expense	$	-	$	0.9
Weighted-average period to recognize compensation expense (in years)		-		1.7

Management Performance Shares [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Management Performance Shares Activity

	Years ended December 31,
$ in millions	2011		2010
Management performance shares:
Outstanding at beginning of period		104,124		84,241
Granted		49,510		37,480
Expired		(31,081)		-
Exercised		(111,289)		-
Forfeited		(11,264)		(17,597)
Outstanding at end of period		-		104,124
Exercisable at end of period		-		31,081

Fair Value of the Management Performance Shares Granted

	Years ended December 31,
$ in millions	2011		2010
Expected volatility		24.0%		24.3%
Weighted-average expected volatility		24.0%		24.3%
Expected life (years)		3.0		3.0
Expected dividends		5.0%		4.5%
Weighted-average expected dividends		5.0%		4.5%
Risk-free interest rate		1.2%		1.4%

Information About Share-based Compensation Activity During the Period

	Years ended December 31,
$ in millions	2011		2010
Weighted-average grant date fair value of management performance shares granted during the period	$	1.3	$	0.9
Intrinsic value of management performance shares exercised during the period	$	3.3	$	-
Proceeds from management performance shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of management performance shares exercised	$	-	$	-
Fair value of management performance shares that vested during the period	$	2.7	$	0.9
Unrecognized compensation expense	$	-	$	0.9
Weighted-average period to recognize compensation expense (in years)		-		1.7

Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Performance Shares Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Performance shares:
Outstanding at beginning of period		278,334		237,704
Granted		85,093		161,534
Dividends		(198,699)		(91,253)
Exercised		(66,836)		-
Forfeited		(97,892)		(29,651)
Outstanding at end of period		-		278,334
Exercisable at end of period		-		66,836

Fair Value of the Performance Shares Granted

	Predecessor
	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Expected volatility		24.0%		24.3%
Weighted-average expected volatility		24.0%		24.3%
Expected life (years)		3.0		3.0
Expected dividends		5.0%		4.5%
Weighted-average expected dividends		5.0%		4.5%
Risk-free interest rate		1.2%		1.4%

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011		Year ended December 31, 2010
Weighted-average grant date fair value of performance shares granted during the period	$	2.2	$	2.9
Intrinsic value of performance shares exercised during the period	$	6.0	$	2.5
Proceeds from performance shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of performance shares exercised	$	0.7	$	-
Fair value of performance shares that vested during the period	$	4.7	$	1.6
Unrecognized compensation expense	$	-	$	2.4
Weighted-average period to recognize compensation expense (in years)		-		1.7

Performance Shares [Member] | DP&L [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summarized Performance Shares Activity

	Years ended December 31,
$ in millions	2011		2010
Performance shares:
Outstanding at beginning of period		278,334		237,704
Granted		85,093		161,534
Dividends		(198,699)		(91,253)
Exercised		(66,836)		-
Forfeited		(97,892)		(29,651)
Outstanding at end of period		-		278,334
Exercisable at end of period		-		66,836

Fair Value of the Performance Shares Granted

	Years ended December 31,
$ in millions	2011		2010
Expected volatility		24.0%		24.3%
Weighted-average expected volatility		24.0%		24.3%
Expected life (years)		3.0		3.0
Expected dividends		5.0%		4.5%
Weighted-average expected dividends		5.0%		4.5%
Risk-free interest rate		1.2%		1.4%

Information About Share-based Compensation Activity During the Period

	Years ended December 31,
$ in millions	2011		2010
Weighted-average grant date fair value of performance shares granted during the period	$	2.2	$	2.9
Intrinsic value of performance shares exercised during the period	$	6.0	$	2.5
Proceeds from performance shares exercised during the period	$	-	$	-
Excess tax benefit from proceeds of performance shares exercised	$	0.7	$	-
Fair value of performance shares that vested during the period	$	4.7	$	1.6
Unrecognized compensation expense	$	-	$	2.4
Weighted-average period to recognize compensation expense (in years)		-		1.7