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Share-Based Compensation Expense (Tables)
6 Months Ended
Apr. 30, 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
(28
)
 
4.64

Canceled
(240
)
 
64.28

Balance at April 30, 2012
3,422

 
$
27.82

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at April 30, 2012, based on Ciena’s closing stock price on the last trading day of Ciena’s second fiscal quarter of 2012 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Options Outstanding at
 
Vested Options at
 
 
 
 
 
 
April 30, 2012
 
April 30, 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

 
348

 
5.59

 
$
8.47

 
$
2,303

 
280

 
5.21

 
$
8.00

 
$
1,988

$
16.52

 

 
$
17.29

 
397

 
3.19

 
16.68

 

 
393

 
3.15

 
16.68

 

$
17.43

 

 
$
24.50

 
549

 
2.98

 
20.48

 

 
546

 
2.97

 
20.48

 

$
24.69

 

 
$
28.28

 
415

 
4.45

 
26.98

 

 
415

 
4.45

 
26.98

 

$
28.61

 

 
$
31.43

 
274

 
3.38

 
29.77

 

 
272

 
3.37

 
29.77

 

$
31.71

 

 
$
32.55

 
520

 
0.81

 
31.72

 

 
520

 
0.81

 
31.72

 

$
33.00

 

 
$
37.10

 
347

 
5.04

 
35.17

 

 
347

 
5.04

 
35.18

 

$
37.31

 

 
$
47.32

 
505

 
2.39

 
44.71

 

 
505

 
2.39

 
44.71

 

$
47.53

 

 
$
55.79

 
65

 
0.67

 
48.81

 

 
65

 
0.67

 
48.81

 

$
267.52

 

 
$
267.52

 
2

 
0.40

 
267.52

 

 
2

 
0.4

 
267.52

 

$
0.94

 

 
$
267.52

 
3,422

 
3.23

 
$
27.82

 
$
2,303

 
3,345

 
3.14

 
$
28.19

 
$
1,988

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
2,180

 
 
 
 
Vested
(1,117
)
 
 
 
 
Canceled or forfeited
(228
)
 
 
 
 
Balance at April 30, 2012
5,133

 
$
20.15

 
$
77,456

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

 
Quarter Ended April 30,
 
Six Months Ended April 30,
 
2011
 
2012
 
2011
 
2012
Product costs
$
505

 
$
460

 
$
1,079

 
$
944

Service costs
502

 
367

 
1,005

 
805

Share-based compensation expense included in cost of sales
1,007

 
827

 
2,084

 
1,749

Research and development
2,597

 
2,092

 
5,168

 
4,226

Sales and marketing
3,143

 
2,820

 
6,134

 
5,921

General and administrative
2,140

 
2,141

 
5,141

 
4,938

Acquisition and integration costs
74

 

 
234

 
6

Share-based compensation expense included in operating expense
7,954

 
7,053

 
16,677

 
15,091

Share-based compensation expense capitalized in inventory, net
60

 
62

 
125

 
(10
)
Total share-based compensation
$
9,021

 
$
7,942

 
$
18,886

 
$
16,830