STOCK-BASED COMPENSATION

9 Months Ended

Aug. 31, 2012

STOCK-BASED COMPENSATION

12. STOCK-BASED COMPENSATION

Stock-based compensation cost for the three months ended August 31, 2012 and 2011 was $15.4 million and $12.9 million, respectively. Stock-based compensation cost for the nine months ended August 31, 2012 and 2011 was $45.1 million and $36.2 million, respectively. The deferred tax benefit from stock-based compensation expenses for the three months ended August 31, 2012 and 2011 was $5.0 million and $4.4 million, respectively. The deferred tax benefit on stock-based compensation expenses for the nine months ended August 31, 2012 and 2011 was $14.9 million and $12.3 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,
	2012			2011			2012			2011
Stock options:
Weighted-average grant-date fair value	$	10.96		$	8.89		$	9.93		$	10.74
Options granted		17			250			189			2,034
Options exercised		(697	)		(827	)		(2,334	)		(4,568	)
Total intrinsic value of stock options exercised	$	14,627		$	15,824		$	46,491		$	78,946
Total unrecognized compensation expense	$	20,723		$	28,339		$	20,723		$	28,339
Weighted-average remaining recognition period		2.3 years			2.7 years			2.3 years			2.7 years
Stock awards:
Weighted-average grant-date fair value	$	27.32		$	24.09		$	28.29		$	26.70
Stock awards granted		1,638			7			2,602			1,759
Stock awards vested		(241	)		(256	)		(1,929	)		(2,103	)
Total unrecognized compensation expense	$	115,794		$	99,272		$	115,794		$	99,272
Weighted-average remaining recognition period		1.9 years			2.4 years			1.9 years			2.4 years