XML 22 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION
 9 Months Ended
Aug. 31, 2013
Share-based Compensation [Abstract]  
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION
Stock-based compensation cost for the three months ended August 31, 2013 and 2012 was $7.9 million and $15.4 million, respectively. The stock-based compensation expense recorded to date of $6.9 million that related to performance-based restricted stock units granted in 2012 and 2013 was reversed in the third quarter, as it is improbable that certain performance criteria for vesting of these awards will be achieved. Stock-based compensation cost for the nine months ended August 31, 2013 and 2012 was $39.2 million and $45.1 million, respectively. The deferred tax benefit from stock-based compensation expenses for the three months ended August 31, 2013 and 2012 was $1.9 million and $5.0 million, respectively. The deferred tax benefit from stock-based compensation expenses for the nine months ended August 31, 2013 and 2012 was $11.3 million and $14.9 million, respectively.
The following table summarizes additional information pertaining to our stock-based compensation from stock options and stock awards which are comprised of restricted stock, restricted stock units and performance-based restricted stock units (in thousands, except grant-date fair value and recognition period):
 
 
 
Three Months Ended
August 31,
 
Nine Months Ended
August 31,
 
 
2013
 
2012
 
2013
 
2012
Stock options:
 
 
 
 
 
 
 
 
Weighted-average grant-date fair value
 
$
8.24

 
$
10.96

 
$
7.84

 
$
9.93

Options granted
 
5

 
17

 
23

 
189

Options exercised
 
(1,395
)
 
(697
)
 
(2,382
)
 
(2,334
)
Total intrinsic value of stock options exercised
 
$
20,059

 
$
14,627

 
$
36,114

 
$
46,491

Total unrecognized compensation expense at period-end
 
$
7,623

 
$
20,723

 
$
7,623

 
$
20,723

Weighted-average remaining recognition period at period-end
 
1.7 years

 
2.3 years

 
1.7 years

 
2.3 years

Stock awards:
 
 
 
 
 
 
 
 
Weighted-average grant-date fair value
 
$
23.67

 
$
27.32

 
$
22.49

 
$
28.29

Stock awards granted
 
214

 
1,638

 
2,961

 
2,602

Stock awards vested
 
(361
)
 
(241
)
 
(1,835
)
 
(1,929
)
Total unrecognized compensation expense at period-end
 
$
88,184

 
$
115,794

 
$
88,184

 
$
115,794

Weighted-average remaining recognition period at period-end
 
1.8 years

 
1.9 years

 
1.8 years

 
1.9 years