ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

v3.10.0.1
STOCK-BASED COMPENSATION PLAN (Tables)
9 Months Ended
Sep. 30, 2018
STOCK-BASED COMPENSATION PLAN Ìý
Schedule of compensation cost from continuing operations under the 2016 Stock Incentive Plan and the Prior Plan

The compensation cost from continuing operations under the 2016 Stock Incentive Plan and the Prior Plan for our Company and ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International were as follows (dollars in millions):

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Three months

Ìý

Nine months

Ìý

ÌýÌýÌýÌý

ended

Ìý

ended

Ìý

ÌýÌýÌýÌý

SeptemberÌý30,Ìý

Ìý

SeptemberÌý30,Ìý

Ìý

Ìý

2018

ÌýÌýÌýÌý

2017

Ìý

2018

Ìý

2017

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation compensation cost

Ìý

$

Ìý7

Ìý

$

Ìý8

Ìý

$

22

Ìý

$

25

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International compensation cost

Ìý

Ìý

Ìý7

Ìý

Ìý

Ìý8

Ìý

Ìý

21

Ìý

Ìý

24

Ìý

Schedule of assumptions used to calculate fair value of each stock option award estimated on the date of grant using the Black-Scholes valuation model

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Three months

Ìý

Nine months

Ìý

Ìý

Ìý

ended

Ìý

ended

Ìý

Ìý

Ìý

SeptemberÌý30,Ìý

Ìý

SeptemberÌý30,Ìý

Ìý

ÌýÌýÌýÌý

Ìý

2018

Ìý

2017

Ìý

2018

Ìý

2017

Dividend yield

Ìý

Ìý

2.0

%

Ìý

NA

Ìý

Ìý

1.5

%ÌýÌý

Ìý

2.4

%ÌýÌý

Expected volatility

Ìý

Ìý

54.5

%

Ìý

NA

Ìý

Ìý

55.2

%ÌýÌý

Ìý

56.9

%ÌýÌý

Risk-free interest rate

Ìý

Ìý

2.8

%

Ìý

NA

Ìý

Ìý

2.6

%ÌýÌý

Ìý

2.0

%ÌýÌý

Expected life of stock options granted during the period

Ìý

Ìý

5.9

years

Ìý

NA

Ìý

Ìý

5.9

Ìýyears

Ìý

5.9

Ìýyears

Ìý

Summary of stock option activity under the 2016 Stock Incentive Plan and the Prior Plan

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Weighted

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Weighted

Ìý

Average

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Average

Ìý

Remaining

Ìý

Aggregate

Ìý

Ìý

Ìý

Ìý

Ìý

Exercise

Ìý

Contractual

Ìý

Intrinsic

Option Awards

ÌýÌýÌýÌý

Shares

ÌýÌýÌýÌý

Price

ÌýÌýÌýÌý

Term

ÌýÌýÌýÌý

Value

Ìý

Ìý

(inÌýthousands)

Ìý

Ìý

Ìý

Ìý

(years)

Ìý

(inÌýmillions)

Outstanding at JanuaryÌý1, 2018

ÌýÌýÌýÌý

Ìý

7,988

Ìý

$

13.99

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Granted

Ìý

Ìý

496

Ìý

Ìý

32.75

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Exercised

Ìý

Ìý

(3,801)

Ìý

Ìý

12.03

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Forfeited

Ìý

Ìý

(38)

Ìý

Ìý

16.53

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Outstanding at SeptemberÌý30,Ìý2018

Ìý

Ìý

4,645

Ìý

Ìý

17.58

Ìý

Ìý

6.7

Ìý

$

48

Exercisable at SeptemberÌý30,Ìý2018

Ìý

Ìý

2,883

Ìý

Ìý

16.67

Ìý

Ìý

5.8

Ìý

Ìý

30

Ìý

Summary of status of nonvested shares

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

EquityÌýAwards

Ìý

LiabilityÌýAwards

Ìý

Ìý

Ìý

Ìý

Ìý

Weighted

Ìý

Ìý

Ìý

Ìý

Weighted

Ìý

Ìý

Ìý

Ìý

Ìý

Average

Ìý

Ìý

Ìý

Ìý

Average

Ìý

Ìý

Ìý

Ìý

Ìý

Grant-Date

Ìý

Ìý

Ìý

Ìý

Grant-Date

Ìý

ÌýÌýÌýÌý

Shares

ÌýÌýÌýÌý

FairÌýValue

ÌýÌýÌýÌý

Shares

ÌýÌýÌýÌý

FairÌýValue

Ìý

Ìý

(inÌýthousands)

Ìý

Ìý

Ìý

Ìý

(inÌýthousands)

Ìý

Ìý

Ìý

Nonvested at JanuaryÌý1, 2018

Ìý

Ìý

2,457

Ìý

$

14.93

Ìý

Ìý

696

Ìý

$

14.69

Granted

Ìý

Ìý

430

Ìý

Ìý

35.18

Ìý

Ìý

169

Ìý

Ìý

32.77

Vested

Ìý

Ìý

(834)

(1)ÌýÌý

Ìý

15.63

Ìý

Ìý

(335)

Ìý

Ìý

14.71

Forfeited

Ìý

Ìý

(118)

Ìý

Ìý

15.67

Ìý

Ìý

(15)

Ìý

Ìý

15.02

Nonvested at SeptemberÌý30,Ìý2018

Ìý

Ìý

1,935

Ìý

Ìý

19.09

Ìý

Ìý

515

Ìý

Ìý

20.61


(1)

As of September 30, 2018, a total of 358,609 restricted stock units were vested but not yet issued, of which 15,922 vested during the nine months ended September 30, 2018. These shares have not been reflected as vested shares in this table because, in accordance with the restricted stock unit agreements, shares of common stock are not issued for vested restricted stock units until termination of employment.