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Stock-Based Compensation
9 Months Ended
Jul. 30, 2011
Stock-Based Compensation  
Stock-Based Compensation

12. Stock-Based Compensation

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

 

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

 

     Three Months Ended      Nine Months Ended  
     July 30, 2011      July 31, 2010      July 30, 2011      July 31, 2010  

Stock options, including variable options

   $ 563       $ 2,229       $ 3,211       $ 10,136   

Restricted stock awards and restricted stock units ("RSUs")

     15,253         13,888         40,636         40,973   

Employee stock purchase plan ("ESPP")

     5,153         8,565         19,558         25,242   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total stock-based compensation

   $ 20,969       $ 24,682       $ 63,405       $ 76,351   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

The following table presents unrecognized compensation expense, net of estimated forfeitures, of the Company's equity compensation plans as of July 30, 2011, 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

   $ 2,850         0.93   

RSUs

   $ 105,778         2.11   

ESPP

   $ 15,516         1.01   

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

 

     Nine Months Ended      Nine Months Ended  
     July 30, 2011      July 31, 2010  
     Granted
(in  thousands)
     Weighted-Average
Grant  Date Fair Value
     Granted
(in  thousands)
     Weighted-Average
Grant  Date Fair Value
 

Stock options

     243       $ 2.23         1,840       $ 2.90   

RSUs

     9,185       $ 6.12         9,669       $ 5.87   

The total intrinsic value of stock options exercised for the nine months ended July 30, 2011 and July 31, 2010 was $44.3 million and $41.6 million, respectively.