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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2017
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 2017 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 stock options:

           

Outstanding at beginning of year

     3,591      $ 45.32        

Granted

     698      $ 59.07        

Exercised

     (144    $ 37.54         $ 3,618  

Canceled

     —          —          
  

 

 

          

Outstanding at September 30, 2017

     4,145      $ 47.90        7.1 years      $ 35,842  
  

 

 

          

Stock options exercisable at September 30, 2017

     1,848      $ 43.37        5.2 years      $ 23,415  
  

 

 

          
Summary of Nucor's RSU Activity

A summary of Nucor’s RSU activity for the first nine months of 2017 is as follows (shares in thousands):

 

     Shares      Grant Date
Fair Value
 

Restricted stock units:

     

Unvested at beginning of year

     1,040      $ 48.47  

Granted

     721      $ 59.07  

Vested

     (634    $ 53.21  

Canceled

     (13    $ 50.21  
  

 

 

    

Unvested at September 30, 2017

     1,114      $ 52.61  
  

 

 

    

Shares reserved for future grants (stock options and RSUs)

     7,268     
  

 

 

    
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 2017 is as follows (shares in thousands):

 

     Shares      Grant Date
Fair Value
 

Restricted stock awards and units:

     

Unvested at beginning of year

     67      $ 45.77  

Granted

     172      $ 60.62  

Vested

     (144    $ 51.69  

Canceled

     —          —    

Unvested at September 30, 2017

     95      $ 54.45  
  

 

 

    

Shares reserved for future grants

     683