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Share-Based Compensation Expense (Tables)
3 Months Ended
Jan. 31, 2015
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, 2014
1,288

 
$
25.43

Exercised
(24
)
 
12.56

Canceled
(55
)
 
21.62

Balance at January 31, 2015
1,209

 
$
25.86

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at January 31, 2015, based on Ciena’s closing stock price on the last trading day of Ciena’s first fiscal quarter of 2015 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Options Outstanding and Vested at
 
 
 
 
 
 
January 31, 2015
 
 
 
 
 
 
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

 
145

 
2.96
 
$
8.22

 
$
1,495

$
16.52

 

 
$
17.29

 
174

 
0.68
 
16.55

 
341

$
17.43

 

 
$
24.50

 
147

 
1.25
 
18.42

 
115

$
24.69

 

 
$
28.28

 
277

 
2.10
 
27.33

 

$
28.61

 

 
$
31.43

 
95

 
2.44
 
29.79

 

$
31.71

 

 
$
32.55

 
9

 
2.19
 
31.91

 

$
33.00

 

 
$
37.10

 
248

 
2.78
 
35.24

 

$
37.31

 

 
$
47.32

 
114

 
2.24
 
44.33

 

$
0.94

 

 
$
47.32

 
1,209

 
2.08
 
$
25.86

 
$
1,951

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, 2014
4,012

 
$
18.02

 
$
67,241

Granted
1,992

 
 
 
 
Vested
(723
)
 
 
 
 
Canceled or forfeited
(97
)
 
 
 
 
Balance at January 31, 2015
5,184

 
$
18.30

 
$
96,003

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

 
Quarter Ended January 31,
 
2014
 
2015
Product costs
$
506

 
$
487

Service costs
580

 
519

Share-based compensation expense included in cost of sales
1,086

 
1,006

Research and development
2,572

 
2,167

Sales and marketing
4,063

 
3,659

General and administrative
3,506

 
3,919

Share-based compensation expense included in operating expense
10,141

 
9,745

Share-based compensation expense capitalized in inventory, net
165

 
56

Total share-based compensation
$
11,392

 
$
10,807