XML 16 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2011
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table presents the weighted-average assumptions used to estimate the fair values of the stock options granted (excluding options granted in connection with the Exchange discussed below) in the periods presented:

 

     Year Ended December 31,  
     2009     2010     2011  

Risk-free interest rate

     2.6     1.9     2.3

Expected volatility

     37     35     33

Expected life (in years)

     5.8        5.4        5.9   

Dividend yield

     0        0        0   

Weighted-average estimated fair value of options granted during the year

   $ 160.63      $ 216.43      $ 210.07
Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes the activities for our options for the year ended December 31, 2011:

 

     Options Outstanding  
     Number of
Shares
    Weighted-
Average
Exercise Price
     Weighted-
Average
Remaining
Contractual
Term
(in years)
     Aggregate
Intrinsic
Value
(in  millions)(1)
 

Balance at December 31, 2010

     11,525,422      $ 330.24         

Granted

     718,091      $ 584.80         

Exercised

     (2,181,355   $ 284.00         

Forfeited/canceled

     (254,906   $ 377.73         
  

 

 

         

Balance at December 31, 2011

     9,807,252      $ 357.92         5.7       $ 2,825   
  

 

 

         

Vested and exercisable as of December 31, 2011

     6,244,783      $ 314.38         5.4       $ 2,070   

Vested and exercisable as of December 31, 2011 and expected to vest thereafter(2)

     9,437,288      $ 354.92         5.7       $ 2,746   

 

(1) 

The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing stock price of $645.90 of our Class A common stock on December 31, 2011.

 

(2) 

Options expected to vest reflect an estimated forfeiture rate.

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes additional information regarding outstanding, exercisable, and exercisable and vested stock options at December 31, 2011:

 

     Options Outstanding      Options Exercisable      Options Exercisable
and Vested
 

Range of Exercise Prices

   Number of
Shares
     Weighted-
Average
Remaining
Life
(in years)
     Weighted-
Average
Exercise
Price
     Number of
Shares
     Weighted-
Average
Exercise
Price
     Number of
Shares
     Weighted-
Average
Exercise
Price
 

$0.30–$94.80

     297,360         2.6       $ 28.06         296,392       $ 27.85         278,071       $ 24.73   

$117.84–$198.41

     412,843         2.9       $ 179.12         412,843       $ 179.12         412,843       $ 179.12   

$205.96–$298.86

     505,760         3.2       $ 275.21         502,038       $  275.12         502,038       $  275.12   

$300.97–$399.00

     5,478,754         5.0       $  309.68         4,012,895       $ 309.71         4,012,895       $ 309.71   

$401.78–$499.07

     935,944         6.6       $ 439.16         514,417       $  437.28         514,417       $  437.28   

$501.27–$595.35

     1,892,340         8.4       $ 532.44         509,780       $  524.69         509,780       $  524.69   

$601.17–$699.35

     284,171         9.1       $ 610.18         14,659       $ 612.09         14,659       $ 612.09   

$710.84

     80         6.0       $ 710.84         80       $ 710.84         80       $ 710.84   
  

 

 

          

 

 

       

 

 

    

$0.30–$710.84

     9,807,252         5.7       $ 357.92         6,263,104       $ 313.68         6,244,783       $ 314.38   
  

 

 

          

 

 

       

 

 

    
Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2011:

 

    

Unvested Restricted Stock Units

 
         Number of    
Shares
    Weighted-
Average
Grant-Date
Fair Value
 

Unvested at December 31, 2010

     6,671,971      $ 509.04   

Granted

     5,260,421      $ 531.20   

Vested

     (2,691,549   $ 516.22   

Forfeited/canceled

     (418,195   $ 538.01   
  

 

 

   

 

 

 

Unvested at December 31, 2011

     8,822,648      $ 520.27   
  

 

 

   

 

 

 

Expected to vest after December 31, 2011(1)

     7,903,328      $ 520.27   

 

(1) 

RSUs expected to vest reflect an estimated forfeiture rate.