STOCK-BASED PAYMENT

6 Months Ended

Jan. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The Company currently has three stock-based employee and director compensation plans — the Pall Corporation 2012 Stock Compensation Plan, under which the Company may grant stock options, restricted shares, restricted units, performance shares, and performance units; the Management Stock Purchase Plan (“MSPP”); and the Employee Stock Purchase Plan (“ESPP”). These three plans are more fully described in Note 15, Common Stock, to the consolidated financial statements included in the 2014 Form 10-K.

The detailed components of stock-based compensation expense recorded in the condensed consolidated statements of earnings for the three and six months ended January 31, 2015 and January 31, 2014 are reflected in the table below:



	Three Months Ended				Six Months Ended
	Jan 31, 2015		Jan 31, 2014		Jan 31, 2015		Jan 31, 2014
Restricted stock units	$	5,100	$	6,254	$	13,323	$	10,447
Stock options	1,949		1,965		3,903		3,486
MSPP	1,454		972		2,519		1,164
ESPP	263		273		537		498
	$	8,766	$	9,464	$	20,282	$	15,595

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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