XML 138 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Stock and Savings Plans (Tables)
12 Months Ended
Jan. 31, 2012
Summary Stock Option Activity

Stock options outstanding, the weighted average exercise price, and transactions involving the stock option plans are summarized as follows:

 

     Options
Outstanding
    Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Terms
(Years)
     Aggregate
Intrinsic
Value
 

Balance as of January 31, 2009

     20,597      $ 13.19         5.33       $ 8   
  

 

 

   

 

 

       

Granted

     970        7.90         

Assumed in acquisition

     285        9.19         

Exercised

     (259     7.08         

Forfeited

     (246     10.10         

Expired

     (2,365     13.23         
  

 

 

   

 

 

       

Balance as of January 31, 2010

     18,982      $ 12.98         3.75       $ 10,347   
  

 

 

   

 

 

       

Granted

     508        10.14         

Assumed in acquisition

     2,160        5.05         

Exercised

     (1,640     5.27         

Forfeited

     (84     7.23         

Expired

     (1,114     16.86         

Exchanged

     (6,945     16.77         
  

 

 

   

 

 

       

Balance as of January 31, 2011

     11,867      $ 9.94         5.35       $ 44,780   
  

 

 

   

 

 

       

Granted

     517        10.70         

Exercised

     (2,227     6.82         

Forfeited

     (126     7.79         

Expired

     (844     18.38         
  

 

 

   

 

 

       

Balance as of January 31, 2012

     9,187      $ 10.00         5.18       $ 39,303   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options exercisable as of January 31, 2012

     7,428      $ 10.38         4.48       $ 29,647   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options vested as of January 31, 2012 and options expected to vest after January 31, 2012

     9,187      $ 10.00         5.18       $ 39,303   
  

 

 

   

 

 

    

 

 

    

 

 

 
Total Intrinsic Value of Options Exercised and Cash Received from Options Exercised

The total intrinsic value of options exercised and cash received from options exercised was as follows:

 

Year ended January 31,

   2012      2011      2010  

Intrinsic value

   $ 15,802       $ 7,812       $ 511   

Cash received

   $ 15,194       $ 8,639       $ 1,830
Summary of Restricted Stock Activity

The following table summarizes restricted stock activity:

 

     Restricted
Stock Units
    Weighted
Average Grant
Date Fair Value
     Weighted
Average
Remaining

Contractual Term
(Years)
     Aggregate
Intrinsic
Value
 

Nonvested as of January 31, 2010

     226      $ 9.46         2.26       $ 1,816   
  

 

 

   

 

 

       

Granted

     1,990        9.61         

Vested

     (58     9.56         

Cancelled

     (27     8.52         
  

 

 

   

 

 

       

Nonvested as of January 31, 2011

     2,131      $ 9.61         1.72       $ 27,130   
  

 

 

   

 

 

       

Granted

     2,236        10.91         

Vested

     (634     9.31         

Cancelled

     (137     10.46         
  

 

 

   

 

 

       

Nonvested as of January 31, 2012

     3,596      $ 10.71         1.77       $ 49,881   
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Shares Issued Under the ESPPs

The following table summarizes shares issued under the ESPPs:

 

Year ended January 31,

   2012      2011      2010  

Shares issued under the ESPPs

     2,099         3,461         4,143   

Cash received for the purchase of shares under the ESPPs

   $ 22,155       $ 19,019       $ 18,237   

Weighted average purchase price per share

   $ 10.55       $ 5.50       $ 4.40   
Summary Of The Weighted Average Grant Date Fair Values

The weighted average grant date fair values are summarized as follows:

 

Year ended January 31,

   2012      2011      2010  

Options granted

   $ 5.43       $ 5.02       $ 4.06   

Restricted stock units granted

   $ 10.91       $ 9.61       $ 8.78   

ESPP purchase rights

   $ 3.19       $ 2.17       $ 2.77   
Calculation For Fair Value assumptions

The fair value calculations used the following assumptions:

 

Year ended January 31,

   2012      2011      2010  

Stock Option Plans

        

Risk-free interest rate

     1.2%         1.4% -2.6%         2.3% -3.1%   

Dividend yield

     0%         0%         0%   

Expected life (in years)

     6.3         5.5 - 6.5         5.0 - 6.5   

Volatility (range)

     53%         50% - 55%         45% - 55%   

Volatility (weighted average)

     53%         51%         51%   

 

Year ended January 31,

   2012      2011      2010  

Employee Stock Purchase Plans

        

Risk-free interest rate

     0.05% -0.18%         0.2%         0.2% -1.0%   

Dividend yield

     0%         0%         0%   

Expected life (in years)

     0.5         0.5         1.3   

Volatility (range)

     32% - 38%         38% -64%         46% - 72%   

Volatility (weighted average)

     35%         40%         56%   

 

Year ended January 31,

   2012      2011      2010  

Acquired Company Options Exchange

        

Risk-free interest rate

     —           0.1% -3.3%         1.6% -3.2%   

Dividend yield

     —           0%         0%   

Expected life (in years)

     —           0.1 - 7.7         3.5 - 8.4   

Volatility (range)

     —           35% - 72%         54% - 59%   

Volatility (weighted average)

     —           60%         57%   

 

Year ended January 31,

   2012      2011      2010  

Employee Options Exchange

        

Risk-free interest rate

     —           0.2% -2.7%         —     

Dividend yield

     —           0%         —     

Expected life (in years)

     —           0.5 - 5.9         —     

Volatility (range)

     —           43% - 77%         —     

Volatility (weighted average)

     —           43%         —  
Stock-based Compensation Expense Included in the Results of Operations and the Tax Benefit Associated with the Exercise of Stock Options

The following table summarizes stock-based compensation expense included in the results of operations and the tax benefit associated with the exercise of stock options:

 

Year ended January 31,

   2012      2011      2010  

Cost of revenues:

        

Service and support

   $ 1,065       $ 888       $ 1,618   

Operating expense:

        

Research and development

     8,203         7,785         10,931   

Marketing and selling

     5,874         6,112         8,406   

General and administration

     6,516         5,726         5,204   
  

 

 

    

 

 

    

 

 

 

Equity plan-related compensation expense (1)

   $ 21,658       $ 20,511       $ 26,159   
  

 

 

    

 

 

    

 

 

 

Tax effect of the exercise of stock options

   $ —         $ —         $ (96
  

 

 

    

 

 

    

 

 

 

 

(1) All of equity plan-related compensation expense for the years ended January 31, 2012 and 2011 relates to stock options, stock awards, and the ESPPs. Equity plan-related compensation expense for the year ended January 31, 2010 includes $25,657 relating to stock options, stock awards, and the ESPPs and $502 relating to the amortization of expense associated with stock issued to the founders of a company we acquired during the year ended January 31, 2008.
Matching Contributions to Savings Plan

Our matching contributions to the Savings Plan were as follows:

 

Year ended January 31,

   2012      2011      2010  

Employer matching contribution

   $ 7,141       $ 6,413       $ 4,928