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Share-Based Compensation Expense (Tables)
12 Months Ended
Oct. 31, 2014
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 periods indicated (shares in thousands):

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

 
$
30.01

Granted

 

Exercised
(56
)
 
6.72

Canceled
(427
)
 
51.28

Balance as of October 31, 2012
3,207

 
27.58

Granted

 

Exercised
(246
)
 
13.81

Canceled
(859
)
 
31.83

Balance as of October 31, 2013
2,102

 
27.46

Granted

 

Exercised
(162
)
 
16.99

Canceled
(652
)
 
34.08

Balance as of October 31, 2014
1,288

 
$
25.43

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at October 31, 2014, based on Ciena’s closing stock price on the last trading day of Ciena’s fiscal 2014 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Vested Options at
 
 
 
 
 
 
October 31, 2014
 
 
 
 
 
 
Number
 
Weighted
Average
Remaining
Weighted
 
 
Range of
 
of
 
Contractual
Average
 
Aggregate
Exercise
 
Underlying
 
Life
Exercise
 
Intrinsic
Price
 
Shares
 
(Years)
Price
 
Value
$
0.94

 

 
$
16.31

 
154

 
3.28
$
8.03

 
$
1,347

$
16.52

 

 
$
17.29

 
184

 
0.95
16.55

 
42

$
17.43

 

 
$
24.50

 
195

 
1.19
18.71

 

$
24.69

 

 
$
28.28

 
284

 
2.34
27.31

 

$
28.61

 

 
$
32.55

 
109

 
2.68
29.96

 

$
33.00

 

 
$
37.10

 
248

 
3.05
35.24

 

$
37.31

 

 
$
47.32

 
114

 
2.78
44.33

 

$
0.94

 

 
$
47.32

 
1,288

 
2.29
$
25.43

 
$
1,389

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 as of October 31, 2011
4,298

 
$
16.28

 
$
59,399

Granted
2,433

 
 
 
 
Vested
(1,912
)
 
 
 
 
Canceled or forfeited
(416
)
 
 
 
 
Balance as of October 31, 2012
4,403

 
14.16

 
56,267

Granted
2,508

 
 
 
 
Vested
(1,920
)
 
 
 
 
Canceled or forfeited
(572
)
 
 
 
 
Balance as of October 31, 2013
4,419

 
15.33

 
102,745

Granted
1,912

 
 
 
 
Vested
(2,165
)
 
 
 
 
Canceled or forfeited
(154
)
 
 
 
 
Balance as of October 31, 2014
4,012

 
$
18.02

 
$
67,241

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

 
Year Ended October 31,
 
2012
 
2013
 
2014
Product costs
$
2,156

 
$
2,522

 
$
2,531

Service costs
1,462

 
1,771

 
2,216

Share-based compensation expense included in cost of goods sold
3,618

 
4,293

 
4,747

Research and development
8,567

 
8,214

 
9,682

Sales and marketing
11,558

 
13,290

 
14,958

General and administrative
8,698

 
12,055

 
13,568

Share-based compensation expense included in operating expense
28,823

 
33,559

 
38,208

Share-based compensation expense capitalized in inventory, net
(47
)
 
(132
)
 
(25
)
Total share-based compensation
$
32,394

 
$
37,720

 
$
42,930