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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 01, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Plans Activity

A summary of activity under Nucor’s stock option plans for the first nine months of 2016 is as follows (in thousands, except years and per share amounts):

 

     Shares      Weighted -
Average
Exercise
Price
     Weighted -
Average
Remaining
Contractual Life
     Aggregate
Intrinsic
Value
 

Number of shares under option:

           

Outstanding at beginning of year

     3,092       $ 43.51         

Granted

     899       $ 48.80         

Exercised

     (158    $ 35.76          $ 2,500   

Canceled

     —           —           
  

 

 

          

Outstanding at October 1, 2016

     3,833       $ 45.07         7.3 years       $ 17,297   
  

 

 

          

Options exercisable at October 1, 2016

     1,799       $ 40.89         5.4 years       $ 15,410   
  

 

 

          
Summary of Nucor's Restricted Stock Unit Activity

A summary of Nucor’s RSU activity for the first nine months of 2016 is as follows (shares in thousands):

 

     Shares      Grant Date
Fair Value
 

Restricted stock units:

     

Unvested at beginning of year

     1,031       $ 47.93   

Granted

     723       $ 48.80   

Vested

     (661    $ 48.08   

Canceled

     (26    $ 45.78   
  

 

 

    

Unvested at October 1, 2016

     1,067       $ 48.48   
  

 

 

    

Shares reserved for future grants (stock options and RSUs)

     8,707      
  

 

 

    
Summary of Nucor's Restricted Stock Activity under AIP and LTIP

A summary of Nucor’s restricted stock activity under the AIP and the LTIP for the first nine months of 2016 is as follows (shares in thousands):

 

     Shares      Grant Date
Fair Value
 

Restricted stock awards and units:

     

Unvested at beginning of year

     63       $ 48.07   

Granted

     123       $ 44.03   

Vested

     (112    $ 45.13   

Canceled

     (3    $ 45.75   
  

 

 

    

Unvested at October 1, 2016

     71       $ 45.79   
  

 

 

    

Shares reserved for future grants

     855