Stock-Based Compensation

9 Months Ended

Jul. 28, 2012

Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]

Stock-Based Compensation

Stock-Based Compensation

Stock-based compensation expense, net of estimated forfeitures, was included in the following line items of the Condensed Consolidated Statements of Income as follows (in thousands):

	Three Months Ended				Nine Months Ended
	July 28, 2012		July 30, 2011		July 28, 2012		July 30, 2011
Cost of revenues	$	3,074	$	4,235	$	12,045	$	11,262
Research and development	3,110		5,581		13,741		14,975
Sales and marketing	4,483		8,670		24,946		27,081
General and administrative	2,402		2,483		8,014		10,087
Total stock-based compensation	$	13,069	$	20,969	$	58,746	$	63,405

The following table presents stock-based compensation expense, net of estimated forfeitures, by grant type (in thousands):

	Three Months Ended				Nine Months Ended
	July 28, 2012		July 30, 2011		July 28, 2012		July 30, 2011
Stock options, including variable options	$	169	$	563	$	899	$	3,211
Restricted stock awards and restricted stock units (“RSUs”)	7,720		15,253		44,441		40,636
Employee stock purchase plan (“ESPP”)	5,180		5,153		13,406		19,558
Total stock-based compensation	$	13,069	$	20,969	$	58,746	$	63,405

The following table presents unrecognized compensation expense, net of estimated forfeitures, of the Company’s equity compensation plans as of July 28, 2012, which is expected to be recognized over the following weighted-average periods (in thousands, except for weighted-average period):

	Unrecognized Compensation Expense		Weighted- Average Period (in years)
Stock options	$	956	0.65
RSUs	$	90,291	2.26
ESPP	$	22,630	1.26

The following table presents details on grants made by the Company for the following periods:

	Nine Months Ended			Nine Months Ended
	July 28, 2012			July 30, 2011
	Granted (in  thousands)	Weighted-Average Grant Date  Fair Value		Granted (in  thousands)	Weighted-Average Grant Date  Fair Value
Stock options	160	$	2.39	243	$	2.23
RSUs	8,582	$	4.84	9,185	$	6.12

The total intrinsic value of stock options exercised for the nine months ended July 28, 2012 and July 30, 2011 was $23.1 million and $44.3 million, respectively.