97 14. Shar e-Based Compensation General Cable has various plans which provide for granting options, restricted stock units and restricted common stock to certain employees and independent directors of the Company and its subsidiaries. The Company recognizes compensation expense for share-based payments based on the fair value of the awards at the grant date. The table below summarizes compensation expense for the Company’ s non-qualified stock options based on the fair value method estimated using the Black-Scholes valuation model, and non-vested stock awards, including restricted stock units, and performance-based non-vested stock awards based on the fair value method for the years ended December 31, 2012 , 201 1 and 2010 . The Company records compensation expense related to non-vested stock awards as a component of selling, general and administrative expense.   Year Ended  (in millions) Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Non-qualified stock option expense $ 4.9 $ 4.8 $ 4.2 Non-vested stock awards expense 1.7 2.8 4.2 Stock unit awards 4.5 3.1 0.9 Performance-based non-vested stock awards expense 1.4 1.0 — Total pre-tax share-based compensation expense $ 12.5 $ 11.7 $ 9.3 Excess tax benefit (deficiency) on share-based compensation (1) $ (0.6 ) $ 1.0 $ (0.1 ) (1) Cash inflows (outflows) recognized as financing and operating activities in the Company’ s consolidated statement of cash flows During the years ended December 31, 2012 , 201 1 and 2010 , cash received from stock option exercises was $ 0.1 million , $ 1.5 million and $ 0.4 million , respectively . The total tax benefit to be realized for tax deductions from these option exercises was $ 0.1 million , $ 1.0 million and $ 0.2 million , respectively . The $ 3.6 million and $ 4.9 million tax deductions for all share-based compensation for the years ended December 31, 2012 and 201 1 , respectively , includes $ (0.6) million and $ 1.0 million of excess tax benefits (deficiencies) that are classified as a cash inflow (outflow) of financing activities and a cash outflow (inflow) from operating activities. The Company has elected the shortcut method to calculate the pool of excess tax benefits available to absorb tax deficiencies recognized subsequent to the adoption of ASC 718 - Compensation — Stock Compensation . General Cable currently has share-based compensation awards outstanding under three plans. These plans allow the Company to fulfill its incentive award obligations generally by granting nonqualified stock options and nonvested stock awards. New shares are issued when nonqualified stock options are exercised and when non-vested stock awards are granted. There have been no material modifications made to these plans during the year ended December 31, 2012 or 201 1 . On May 10, 2005, the General Cable Corporation 2005 Stock Incentive Plan (“2005 Plan”) was approved and replaced the two previous equity compensation plans, the 1997 Stock Incentive Plan and the 2000 Stock Option Plan. The Compensation Committee of the Board of Directors will no longer grant any awards under the previous plans but will continue to administer awards which were previously granted under the 1997 and 2000 plans. The 2005 Plan authorized a maximum of 5.8 million shares to be granted. Shares reserved for future grants, including options, under the 2005 Plan, approximated 2.7 million at December 31, 2012 . The 2005 Stock Incentive Plan authorizes the following types of awards to be granted: (i) Stock Options (both Incentive Stock Options and Nonqualified Stock Options); (ii) Stock Appreciation Rights; (iii) Nonvested and Restricted Stock A wards; (iv) Performance A wards; and (v) Stock Units, as more fully described in the 2005 Plan. Each award is subject to such terms and conditions consistent with the 2005 Plan as determined by the Compensation Committee and as set forth in an award agreement and awards under the 2005 Plan were granted at not less than the closing market price on the date of grant. The 2000 Stock Option Plan (“2000 Plan”), as amended, authorized a maximum of 1.5 million non-qualified options to be granted. No other forms of award were authorized under this plan. Stock options were granted to employees selected by the Compensation Committee of the Board or the Chief Executive Of ficer at prices which were not less than the closing market price on the date of grant. The Compensation Committee (or Chief Executive Of ficer) had authority to set all the terms of each grant. The 1997 Stock Incentive Plan (“1997 Plan”) authorized a maximum of 4.7 million nonvested shares, options or units of common stock to be granted. Stock options were granted to employees selected by the Compensation Committee of the Board or the Chief Executive Of ficer at prices which were not less than the closing market price on the date of grant. The Compensation Committee (or Chief Executive Of ficer) had authority to set all the terms of each grant. Stock Options All options awarded under the 2005 Plan have a term of 10  years from the grant date. The majority of the options vest ratably over three years of continued employment from the grant date. The majority of the options granted under the 2000 Plan will expire in 10  years and become fully exercisable ratably over three years of continued employment or become fully exercisable after three T able of Contents