XML 66 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity-Based Compensation
 6 Months Ended
Mar. 31, 2012
Equity-Based Compensation

10. Equity-Based Compensation

The amount of compensation expense related to stock options, stock appreciation rights and restricted stock units (RSUs) is as follows:

 

     Quarter Ended      Six Months Ended  
     March 31,
2012		      April 2,
2011		      March 31,
2012		      April 2,
2011		  

Stock options/rights (1)

    $ 29       $ 38       $ 60       $ 74   

RSUs

      84         80         157         147   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total equity-based compensation expense (2)

    $ 113       $ 118       $ 217       $ 221   
  

 

 

     

 

 

     

 

 

     

 

 

  

Equity-based compensation expense capitalized during the period

    $ 15       $ 17       $ 28       $ 34   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1)

Includes stock appreciation rights issued in connection with acquisition of Playdom
(2)

Equity-based compensation expense is net of capitalized equity-based compensation and excludes amortization of previously capitalized equity-based compensation costs. During the quarter and six months ended March 31, 2012, amortization of previously capitalized equity-based compensation totaled $16 million and $24 million, respectively. During the quarter and six months ended April 2, 2011, amortization of previously capitalized equity-based compensation totaled $6 million and $35 million, respectively.

Unrecognized compensation cost related to unvested stock options/rights and RSUs totaled approximately $217 million and $734 million, respectively, as of March 31, 2012.

The weighted average grant date fair values of options issued during the six months ended March 31, 2012, and April 2, 2011 were $10.58 and $10.96, respectively.

During the six months ended March 31, 2012, the Company made equity compensation grants totaling 18.8 million units, which included its regular annual grant issued in January, 2012, consisting of 9.8 million stock options and 8.6 million RSUs, of which 0.5 million RSUs included market and performance conditions.

In March 2012, shareholders of the Company approved the amended 2011 Stock Incentive Plan, which increased the number of shares authorized to be awarded as grants by an incremental 15 million shares. Following this amendment, the maximum number of shares available for issuance (assuming all the awards are in the form of stock options) was approximately 131 million shares and the number available for issuance assuming all awards are in the form of restricted stock units was approximately 66 million shares.