Share-Based Compensation Plans

9 Months Ended

Jul. 31, 2015

Cooper has several share-based compensation plans that are described in the Company’s Annual Report on Form 10‑K for the fiscal year ended October 31, 2014. The compensation expense and related income tax benefit recognized in our consolidated condensed financial statements for share-based awards were as follows:



Periods Ended July 31,	Three Months				Nine Months
(In millions)	2015		2014		2015		2014
Selling, general and administrative expense	$	6.2	$	6.4	$	22.1	$	26.2
Cost of sales	0.6		0.5		2.0		1.8
Research and development expense	0.2		0.5		0.7		1.5
Total share-based compensation expense	$	7.0	$	7.4	$	24.8	$	29.5
Related income tax benefit	$	2.2	$	2.3	$	7.8	$	9.6

We capitalized share-based compensation expense as part of the cost of inventory in the amounts of $0.6 million and $2.0 million during the three and nine months ended July 31, 2015, respectively, and $0.5 million and $1.8 million during the three and nine months ended July 31, 2014, respectively.