XML 42 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Nov. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary Of Stock Option Activity
A summary of stock option activity under all the plans is as follows:
 
 
Shares
 
Weighted Average
 
Weighted Average Remaining Contractual Term
 
Aggregate Intrinsic Value (1)
 
(in thousands)
 
Exercise Price
 
(in years)
 
(in thousands)
Options outstanding, December 1, 2011
7,743

 
$
19.77

 
 
 
 
Granted
1,026

 
20.87

 
 
 
 
Exercised
(1,488
)
 
15.75

 
 
 
 
Canceled
(2,077
)
 
22.63

 
 
 
 
Options outstanding, November 30, 2012
5,204

 
$
19.99

 
2.38

 
$
8,975

Exercisable, November 30, 2012
4,123

 
$
19.47

 
1.88

 
$
7,866

Vested or expected to vest, November 30, 2012
5,204

 
$
19.99

 
2.38

 
$
8,975


(1)
The aggregate intrinsic value was calculated based on the difference between the closing price of our stock on November 30, 2012 of $20.11 and the exercise prices for all in-the-money options outstanding.
Summary Of Status Of Restricted Stock Units
A summary of the status of our restricted stock units as of November 30, 2012 is as follows (in thousands, except per share data):
 
 
Number of Shares
 
Weighted Average Grant Date Fair Value
Restricted stock units outstanding, December 1, 2011
786

 
$
23.51

Granted
1,120

 
19.90

Issued
(625
)
 
21.89

Canceled
(297
)
 
22.94

Restricted stock units outstanding, November 30, 2012
984

 
$
20.60

Fair Value Of Options And Employee Stock Purchase Plan Shares Granted, Weighted Average Assumptions
We estimated the fair value of stock options and ESPP awards granted in fiscal years 2012, 2011 and 2010 on the measurement dates using the Black-Scholes option valuation model with the following weighted average assumptions:
 
 
Fiscal Year Ended
 
November 30, 2012
 
November 30, 2011
 
November 30, 2010
Stock options:
 
 
 
 
 
Expected volatility
30.0
%
 
27.3
%
 
27.2
%
Risk-free interest rate
0.8
%
 
1.7
%
 
2.2
%
Expected life (in years)
4.8

 
4.8

 
4.8

Expected dividend yield

 

 

Employee stock purchase plan:
 
 
 
 
 
Expected volatility
34.1
%
 
25.8
%
 
27.7
%
Risk-free interest rate
0.2
%
 
0.4
%
 
0.6
%
Expected life (in years)
1.5

 
1.6

 
1.5

Expected dividend yield

 

 

Stock Options And Stock Awards Activity
The following additional activity occurred under our plans (in thousands):
 
 
Fiscal Year Ended
 
November 30, 2012
 
November 30, 2011
 
November 30, 2010
Total intrinsic value of stock options on date exercised
$
9,601

 
$
31,566

 
$
47,395

Total fair value of deferred stock units on date vested
114

 
40

 

Total fair value of restricted stock awards on date vested

 

 
131

Total fair value of restricted stock units on date vested
13,772

 
9,120

 
6,202

Classification of Stock-Based Compensation
The following table provides the classification of stock-based compensation as reflected in our consolidated statements of income (in thousands):
 
 
Fiscal Year Ended
 
November 30, 2012
 
November 30, 2011
 
November 30, 2010
Cost of software licenses
$
9

 
$
9

 
$
16

Cost of maintenance and services
889

 
751

 
507

Sales and marketing
4,280

 
3,258

 
2,909

Product development
3,950

 
3,202

 
2,341

General and administrative
10,983

 
12,888

 
6,948

Restructuring

 

 
535

Stock-based compensation from continuing operations
20,111

 
20,108

 
13,256

Loss from discontinued operations
8,122

 
5,891

 
4,865

Total stock-based compensation
$
28,233

 
$
25,999

 
$
18,121

Income tax benefit included in the provision for income taxes from continuing operations
$
5,309

 
$
5,319

 
$
3,560