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
Performance shares	$	2.4
Restricted shares		5.3
Non-employee directors' RSUs		0.6
Management performance shares		1.8
Share-based compensation included in Operation and maintenance expense		10.1
Income tax benefit		(3.5)
Total share-based compensation, net of tax	$	6.6

Summarized Stock Option Activity

	Predecessor
	January 1, 2011 through November 27, 2011
Options:
Outstanding at beginning of period		351,500
Granted		-
Exercised		(75,500)
Expired		(276,000)
Forfeited		-
Outstanding at end of period		-
Exercisable at end of period		-
Weighted average option prices per share:
Outstanding at beginning of period	$	28.04
Granted	$	-
Exercised	$	21.02
Expired	$	29.42
Forfeited	$	-
Outstanding at end of period	$	-
Exercisable at end of period	$	-

Summarized Management Performance Shares Activity

	Predecessor
	January 1, 2011 through November 27, 2011
Management performance shares:
Outstanding at beginning of period		104,124
Granted		49,510
Expired		(31,081)
Exercised		(111,289)
Forfeited		(11,264)
Outstanding at end of period		-
Exercisable at end of period		-

DP&L [Member]

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

Summarized Share-Based Compensation Expense

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

Summarized Stock Option Activity

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

Summarized Performance Shares Activity

	Year ended December 31, 2011
Performance shares:
Outstanding at beginning of period		278,334
Granted		85,093
Dividends		(198,699)
Exercised		(66,836)
Forfeited		(97,892)
Outstanding at end of period		-
Exercisable at end of period		-

Summarized Restricted Shares Activity

	Year ended December 31, 2011
Restricted shares:
Outstanding at beginning of period		219,391
Granted		67,346
Exercised		(286,737)
Forfeited		-
Outstanding at end of period		-
Exercisable at end of period		-

Summarized Non-Employee Director Restricted Stock Units Activity

	Year ended December 31, 2011
Restricted stock units:
Outstanding at beginning of period		16,320
Granted		14,392
Dividends accrued		3,307
Vested and exercised		(34,019)
Vested, exercised and deferred		-
Forfeited		-
Outstanding at end of period		-
Exercisable at end of period		-

Summarized Management Performance Shares Activity

	Year ended December 31, 2011
Management performance shares:
Outstanding at beginning of period		104,124
Granted		49,510
Expired		(31,081)
Exercised		(111,289)
Forfeited		(11,264)
Outstanding at end of period		-
Exercisable at end of period		-

Stock Options [Member]

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

Summarized Stock Option Activity

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011
Weighted-average grant date fair value of options granted during the period	$	-
Intrinsic value of options exercised during the period	$	0.7
Proceeds from options exercised during the period	$	1.6
Excess tax benefit from proceeds of options exercised	$	0.2
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]

Information About Share-based Compensation Activity During the Period

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

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
	January 1, 2011 through November 27, 2011
Restricted shares:
Outstanding at beginning of period		219,391
Granted		67,346
Exercised		(286,737)
Forfeited		-
Outstanding at end of period		-
Exercisable at end of period		-

Information About Share-based Compensation Activity During the Period

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

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

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

Director RSU's [Member]

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

Summarized Non-Employee Director Restricted Stock Units Activity

	Predecessor
	January 1, 2011 through November 27, 2011
Restricted stock units:
Outstanding at beginning of period		16,320
Granted		14,392
Dividends accrued		3,307
Vested and exercised		(34,019)
Vested, exercised and deferred		-
Forfeited		-
Outstanding at end of period		-
Exercisable at end of period		-

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011
Weighted-average grant date fair value of non-employee Director RSUs granted during the period	$	0.5
Intrinsic value of non-employee Director RSUs exercised during the period	$	1.0
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-

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

$ in millions	Year ended December 31, 2011
Weighted-average grant date fair value of non-employee Director RSUs granted during the period	$	0.5
Intrinsic value of non-employee Director RSUs exercised during the period	$	1.0
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-

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
Expected volatility		24.0%
Weighted-average expected volatility		24.0%
Expected life (years)		3.0
Expected dividends		5.0%
Weighted-average expected dividends		5.0%
Risk-free interest rate		1.2%

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011
Weighted-average grant date fair value of management performance shares granted during the period	$	1.3
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-

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

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

Summarized Management Performance Shares Activity

$ in millions	Year ended December 31, 2011
Weighted-average grant date fair value of management performance shares granted during the period	$	1.3
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-

Fair Value of the Management Performance Shares Granted

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

Performance Shares [Member]

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

Summarized Performance Shares Activity

	Predecessor
	January 1, 2011 through November 27, 2011
Performance shares:
Outstanding at beginning of period		278,334
Granted		85,093
Dividends		(198,699)
Exercised		(66,836)
Forfeited		(97,892)
Outstanding at end of period		-
Exercisable at end of period		-

Fair Value of the Performance Shares Granted

	Predecessor
	January 1, 2011 through November 27, 2011
Expected volatility		24.0%
Weighted-average expected volatility		24.0%
Expected life (years)		3.0
Expected dividends		5.0%
Weighted-average expected dividends		5.0%
Risk-free interest rate		1.2%

Information About Share-based Compensation Activity During the Period

	Predecessor
$ in millions	January 1, 2011 through November 27, 2011
Weighted-average grant date fair value of performance shares granted during the period	$	2.2
Intrinsic value of performance shares exercised during the period	$	6.0
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-

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

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

Fair Value of the Performance Shares Granted

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

Information About Share-based Compensation Activity During the Period

$ in millions	Year ended December 31, 2011
Weighted-average grant date fair value of performance shares granted during the period	$	2.2
Intrinsic value of performance shares exercised during the period	$	6.0
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
Unrecognized compensation expense	$	-
Weighted-average period to recognize compensation expense (in years)		-