XML 51 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2012
Share-Based Compensation [Abstract]  
Weighted average assumptions used to estimate the fair value of share-based payments
                         
    Year Ended March 31,  
      2012         2011         2010    

Expected volatility

    33     35     35

Risk-free interest rate %

    0.5     0.6     2.0

Expected term (in years)

    3       3       4  

Dividend yield

    —         —         —    
Share-based compensation activity - stock options
                                 

Stock Options

  Shares     Weighted-
Average
Exercise
Price
    Weighted-
Average
Remaining
Contractual
Term
    Aggregate
Intrinsic Value
 
    (In millions)           (In years)     (In millions)  

Outstanding at March 31, 2011

    7.2     $ 30       3     $ 144.9  

Granted

    —       $ —                    

Exercised

    (1.5   $ 26                  

Cancelled or expired

    (0.2   $ 34                  
   

 

 

                         

Outstanding at March 31, 2012

    5.5     $ 30       2     $ 57.1  
   

 

 

                         

Vested at March 31, 2012 and expected to vest

    5.5     $ 30       2     $ 57.0  

Exercisable at March 31, 2012

    5.3     $ 30       2     $ 55.9  
Share-based compensation activity - nonvested stock units
                         

Nonvested Stock Units

  Shares     Weighted-
Average
Grant Date
Fair Value
    Weighted-
Average
Remaining
Vesting Term
 
    (In millions)           (In years)  

Outstanding at March 31, 2011

    6.3     $ 39       1  

Granted

    4.6     $ 42          

Vested

    (2.7   $ 38          

Cancelled or expired

    (0.8   $ 41          
   

 

 

                 

Outstanding at March 31, 2012

    7.4     $ 41       1  
   

 

 

                 
Weighted average grant date fair value and additional intrinsic value and vesting information
      xxxxxx       xxxxxx       xxxxxx  
    Year Ended March 31,  
    2012     2011     2010  

Weighted Average Fair Value

                       

Per grant of stock options

  $ —       $ —       $ 10  

Per grant of nonvested stock units

  $ 42     $ 42     $ 37  
       

Share-Based Payment and Stock Option Values

                       

Intrinsic value of stock options exercised (millions)

  $ 32.1     $ 75.5     $ 63.0  

Fair value of nonvested stock units that vested (millions)

  $ 118.7     $ 79.7     $ 38.9  

Weighted average grant date fair value of nonvested stock units that vested

  $ 38     $ 35     $ 32  
Outstanding options
                                         
     Outstanding Options     Exercisable Options  

Range of Exercise Prices

  Shares     Weighted-
Average
Exercise Price
    Weighted-
Average
Remaining
Contractual
Life
    Shares     Weighted-
Average
Exercise Price
 

$0.00 – 17.40

    0.9     $ 16       2       0.9     $ 16  

$17.41 – 19.93

    0.5     $ 19       3       0.5     $ 19  

$19.94 – 25.41

    0.2     $ 22       2       0.2     $ 22  

$25.42 – 31.69

    0.5     $ 28       4       0.4     $ 28  

$31.70 – 32.15

    1.1     $ 32       1       1.1     $ 32  

$32.16 – 36.84

    0.4     $ 36       2       0.4     $ 36  

$36.85 – 39.30

    1.9     $ 39       2       1.8     $ 39  
Share-based compensation expense
                         
     Year Ended March 31,  
    2012     2011     2010  
    (In millions)  

Cost of license revenue

  $ 4.7     $ 3.4     $ 2.5  

Cost of maintenance revenue

    15.2       9.8       7.9  

Cost of professional services revenue

    5.3       5.1       3.9  

Selling and marketing expenses

    39.7       35.1       31.6  

Research and development expenses

    13.3       10.5       10.1  

General and administrative expenses

    49.0       42.6       32.9  
   

 

 

   

 

 

   

 

 

 

Total share-based compensation expense

    127.2       106.5       88.9  

Income tax benefit

    (37.2     (27.3     (27.2
   

 

 

   

 

 

   

 

 

 

Total share-based compensation expense after taxes

  $ 90.0     $ 79.2     $ 61.7