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Share-Based Compensation Expense (Tables)
3 Months Ended
Jan. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of stock option activity
The following table is a summary of Ciena’s stock option activity for the period indicated (shares in thousands):

 
Shares Underlying
Options
Outstanding
 
Weighted
Average
Exercise Price
Balance at October 31, 2011
3,690

 
$
30.01

Granted

 

Exercised
(14
)
 
4.44

Canceled
(22
)
 
57.81

Balance at January 31, 2012
3,654

 
$
29.95

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at January 31, 2012, based on Ciena’s closing stock price on the last trading day of Ciena’s first fiscal quarter of 2012 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Options Outstanding at
 
Vested Options at
 
 
 
 
 
 
January 31, 2012
 
January 31, 2012
 
 
 
 
 
 
Number
 
Weighted
Average
Remaining
 
Weighted
 
 
 
Number
 
Weighted
Average
Remaining
 
Weighted
 
 
Range of
 
of
 
Contractual
 
Average
 
Aggregate
 
of
 
Contractual
 
Average
 
Aggregate
Exercise
 
Underlying
 
Life
 
Exercise
 
Intrinsic
 
Underlying
 
Life
 
Exercise
 
Intrinsic
Price
 
Shares
 
(Years)
 
Price
 
Value
 
Shares
 
(Years)
 
Price
 
Value
$
0.94

 

 
$
16.31

 
363

 
5.87

 
$
8.34

 
$
2,431

 
278

 
5.40

 
$
7.75

 
$
2,027

$
16.52

 

 
$
17.29

 
401

 
3.43

 
16.69

 

 
394

 
3.38

 
16.68

 

$
17.43

 

 
$
24.50

 
554

 
3.32

 
20.49

 

 
548

 
3.28

 
20.49

 

$
24.69

 

 
$
28.28

 
419

 
4.72

 
26.97

 

 
418

 
4.72

 
26.98

 

$
28.61

 

 
$
31.43

 
284

 
3.58

 
29.78

 

 
279

 
3.54

 
29.77

 

$
31.71

 

 
$
32.55

 
523

 
1.08

 
31.72

 

 
521

 
1.06

 
31.72

 

$
33.00

 

 
$
37.10

 
349

 
5.27

 
35.17

 

 
347

 
5.26

 
35.18

 

$
37.31

 

 
$
47.32

 
508

 
2.68

 
44.72

 

 
508

 
2.68

 
44.72

 

$
47.53

 

 
$
167.09

 
251

 
0.33

 
65.60

 

 
251

 
0.33

 
65.60

 

$
267.52

 

 
$
267.52

 
2

 
0.65

 
267.52

 

 
2

 
0.65

 
267.52

 

$
0.94

 

 
$
267.52

 
3,654

 
3.34

 
$
29.95

 
$
2,431

 
3,546

 
3.22

 
$
30.46

 
$
2,027

Summary of restricted stock unit activity
The following table is a summary of Ciena’s restricted stock unit activity for the period indicated, with the aggregate fair value of the balance outstanding at the end of each period, based on Ciena’s closing stock price on the last trading day of the relevant period (shares and aggregate fair value in thousands):

 
Restricted
Stock Units
Outstanding
 
Weighted
Average Grant
Date Fair Value
Per Share
 
Aggregate
Fair Value
Balance at October 31, 2011
4,298

 
$
16.28

 
$
59,399

Granted
2,090

 
 
 
 
Vested
(629
)
 
 
 
 
Canceled or forfeited
(178
)
 
 
 
 
Balance at January 31, 2012
5,581

 
19.30

 
$
83,879

Share-based compensation expense
The following table summarizes share-based compensation expense for the periods indicated (in thousands):

 
Quarter Ended January 31,
 
2011
 
2012
Product costs
$
574

 
$
485

Service costs
503

 
437

Share-based compensation expense included in cost of sales
1,077

 
922

Research and development
2,571

 
2,134

Sales and marketing
2,991

 
3,101

General and administrative
3,001

 
2,797

Acquisition and integration costs
160

 
6

Share-based compensation expense included in operating expense
8,723

 
8,038

Share-based compensation expense capitalized in inventory, net
64

 
(72
)
Total share-based compensation
$
9,864

 
$
8,888