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Common Stock, Preferred Stock and Equity Plans (Tables)
12 Months Ended
Dec. 31, 2013
Common Stock, Preferred Stock and Equity Plans  
Stock and Stock Option Equity Plans
The following table contains information about the Company’s equity plans:
 
 
 
 
 
 
As of December 31, 2013
Title of Plan
 
Group Eligible
 
Type of Award
Granted
 
Awards
Outstanding
 
Additional Awards
Authorized for
Grant
2013 Stock and Option Plan
 
Employees, Non-employee Directors and Consultants
 
NSO, ISO,
RS and RSU
 
1,170,827

 
2,129,173

2006 Stock and Option Plan
 
Employees, Non-employee Directors and Consultants
 
NSO, ISO,
RS and RSU
 
15,748,949

 
3,282,178

1996 Stock and Option Plan
 
Employees, Non-employee Directors, Advisors and Consultants
 
NSO, ISO and RS
 
974,303

 

Total
 
 
 
 
 
17,894,079

 
5,411,351

Outstanding and vested options
The following table summarizes information related to the outstanding and exercisable options during the year ended December 31, 2013:
 
Stock Options
 
Weighted-average
Exercise Price
 
Weighted-average
Remaining
Contractual Life
 
Aggregate Intrinsic
Value
 
(in thousands)
 
(per share)
 
(in years)
 
(in thousands)
Outstanding at December 31, 2012
19,726

 
$
38.09

 
 
 
 
Granted
4,840

 
$
57.87

 
 
 
 
Exercised
(6,995
)
 
$
35.28

 
 
 
 
Forfeited
(1,822
)
 
$
46.89

 
 
 
 
Expired
(20
)
 
$
46.64

 
 
 
 
Outstanding at December 31, 2013
15,729

 
$
44.40

 
6.67
 
$
481,311

Exercisable at December 31, 2013
7,950

 
$
38.84

 
5.13
 
$
283,146

Exercisable and Expected to Vest at December 31, 2013
14,967

 
$
43.95

 
6.56
 
$
463,885

Stock options outstanding and exercisable
The following table summarizes information about stock options outstanding and exercisable at December 31, 2013:
 
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
 
Number
Outstanding
 
Weighted-average
Remaining
Contractual Life
 
Weighted-average
Exercise Price
 
Number
Exercisable
 
Weighted-average
Exercise Price
 
 
(in thousands)
 
(in years)
 
(per share)
 
(in thousands)
 
(per share)
$ 9.09–$20.00
 
432

 
2.37
 
$
15.37

 
432

 
$
15.37

$20.01–$30.00
 
1,055

 
5.74
 
$
29.38

 
812

 
$
29.23

$30.01–$40.00
 
6,842

 
5.07
 
$
36.55

 
4,773

 
$
36.06

$40.01–$50.00
 
4,136

 
8.74
 
$
46.32

 
787

 
$
46.62

$50.01–$60.00
 
1,713

 
7.16
 
$
53.78

 
874

 
$
54.35

$60.01–$70.00
 
80

 
9.08
 
$
65.54

 
14

 
$
63.20

$70.01-$80.00
 
87

 
9.31
 
$
77.55

 
9

 
$
77.73

$80.01–$88.18
 
1,384

 
9.50
 
$
83.11

 
249

 
$
82.13

Total
 
15,729

 
6.67
 
$
44.40

 
7,950

 
$
38.84

Restricted stock activity
The following table summarizes the restricted stock activity of the Company during the year ended December 31, 2013:
 
Restricted
Stock
 
Weighted-average
Grant-date
Fair Value
 
(in thousands)
 
(per share)
Unvested at December 31, 2012
2,270

 
$
42.92

Granted
1,356

 
$
62.16

Vested
(800
)
 
$
42.27

Cancelled
(780
)
 
$
51.47

Unvested at December 31, 2013
2,046

 
$
52.66

Shares issued under Employee Stock Purchase Plan
In 2013, the following shares were issued to employees under the ESPP:
 
Year Ended December 31, 2013
 
(in thousands,
except per share amount)
Number of shares
527

Average price paid per share
$
36.21