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Share-Based Compensation Expense (Tables)
6 Months Ended
Apr. 30, 2013
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, 2012
3,207

 
$
27.58

Granted

 

Exercised
(37
)
 
7.64

Canceled
(738
)
 
30.89

Balance at April 30, 2013
2,432

 
$
26.88

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at April 30, 2013, based on Ciena’s closing stock price on the last trading day of Ciena’s second fiscal quarter of 2013 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Options Outstanding at
 
Vested Options at
 
 
 
 
 
 
April 30, 2013
 
April 30, 2013
 
 
 
 
 
 
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

 
274

 
4.51
 
$
8.48

 
$
1,710

 
264

 
4.43
 
$
8.34

 
$
1,686

$
16.52

 

 
$
17.29

 
359

 
2.16
 
16.67

 

 
359

 
2.16
 
16.67

 

$
17.43

 

 
$
24.50

 
480

 
1.99
 
20.48

 

 
480

 
1.99
 
20.48

 

$
24.69

 

 
$
28.28

 
359

 
3.51
 
26.97

 

 
359

 
3.51
 
26.97

 

$
28.61

 

 
$
31.43

 
162

 
3.21
 
29.53

 

 
162

 
3.21
 
29.53

 

$
31.71

 

 
$
32.55

 
21

 
4.63
 
31.92

 

 
21

 
4.63
 
31.92

 

$
33.00

 

 
$
37.10

 
297

 
3.94
 
35.21

 

 
297

 
3.94
 
35.21

 

$
37.31

 

 
$
47.32

 
456

 
1.46
 
44.92

 

 
456

 
1.46
 
44.92

 

$
47.53

 

 
$
55.79

 
24

 
0.47
 
48.97

 

 
24

 
0.47
 
48.97

 

$
0.94

 

 
$
55.79

 
2,432

 
2.75
 
$
26.88

 
$
1,710

 
2,422

 
2.74
 
$
26.94

 
$
1,686

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, 2012
4,403

 
$
14.16

 
$
56,267

Granted
2,225

 
 
 
 
Vested
(970
)
 
 
 
 
Canceled or forfeited
(531
)
 
 
 
 
Balance at April 30, 2013
5,127

 
$
14.91

 
$
75,405

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,
 
2012
 
2013
 
2012
 
2013
Product costs
$
460

 
$
686

 
$
944

 
$
1,247

Service costs
367

 
435

 
805

 
862

Share-based compensation expense included in cost of sales
827

 
1,121

 
1,749

 
2,109

Research and development
2,092

 
2,204

 
4,226

 
4,237

Sales and marketing
2,820

 
3,382

 
5,921

 
6,125

General and administrative
2,141

 
3,144

 
4,938

 
5,700

Acquisition and integration costs

 

 
6

 

Share-based compensation expense included in operating expense
7,053

 
8,730

 
15,091

 
16,062

Share-based compensation expense capitalized in inventory, net
62

 
(24
)
 
(10
)
 
(24
)
Total share-based compensation
$
7,942

 
$
9,827

 
$
16,830

 
$
18,147