Stockholders' Equity (Tables)

9 Months Ended

Apr. 30, 2016

The following table summarizes the total share-based compensation expense that we recorded in operating income from continuing operations for the periods shown.



	Three Months Ended						Nine Months Ended
(In millions, except per share amounts)	April 30, 2016			April 30, 2015			April 30, 2016			April 30, 2015
Cost of revenue	$	2		$	2		$	6		$	4
Selling and marketing	18			17			55			50
Research and development	21			19			63			56
General and administrative	24			21			73			62
Total share-based compensation expense	65			59			197			172
Income tax benefit	(20		)	(18		)	(60		)	(54		)
Decrease in net income from continuing operations	$	45		$	41		$	137		$	118
Decrease in net income per share:
Basic	$	0.18		$	0.15		$	0.52		$	0.42
Diluted	$	0.17		$	0.15		$	0.51		$	0.41

Summary of share-based awards available for grant

A summary of share-based awards available for grant under our 2005 Equity Incentive Plan for the nine months ended April 30, 2016 was as follows:



(Shares in thousands)	Shares Available for Grant
Balance at July 31, 2015	17,183
Options granted	(9	)
Restricted stock units granted (1)	(1,219	)
Share-based awards canceled/forfeited/expired (1)(2)	3,544
Balance at April 30, 2016	19,499

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(1)	RSUs granted from the pool of shares available for grant under our 2005 Equity Incentive Plan reduce the pool by 2.3 shares for each share granted. RSUs forfeited and returned to the pool of shares available for grant increase the pool by 2.3 shares for each share forfeited.


(2)	Stock options and restricted stock units canceled, expired or forfeited under our 2005 Equity Incentive Plan are returned to the pool of shares available for grant. Stock options and restricted stock units canceled, expired or forfeited under older expired plans are not returned to the pool of shares available for grant.

Summary of stock option activity

A summary of stock option activity for the nine months ended April 30, 2016 was as follows:



	Options Outstanding
(Shares in thousands)	Number of Shares		Weighted Average Exercise Price Per Share
Balance at July 31, 2015	8,713		$	69.13
Granted	9		94.88
Exercised	(1,567	)	45.72
Canceled or expired	(328	)	75.18
Balance at April 30, 2016	6,827		$	74.24

Exercisable at April 30, 2016	3,802		$	58.37

Summary of restricted stock unit activity

A summary of restricted stock unit activity for the nine months ended April 30, 2016 was as follows:



	Restricted Stock Units
(Shares in thousands)	Number of Shares		Weighted Average Grant Date Fair Value
Nonvested at July 31, 2015	8,916		$	76.64
Granted	530		96.36
Vested	(910	)	71.74
Forfeited	(1,463	)	72.77
Nonvested at April 30, 2016	7,073		$	79.55