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Share-Based Compensation Expense (Tables)
12 Months Ended
Oct. 31, 2018
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, 2017
875

 
$
30.19

Granted

 

Exercised
(179
)
 
12.75

Canceled
(420
)
 
35.46

Balance as of October 31, 2018
276

 
$
33.52

Summarizes information with respect to stock options outstanding
The following table summarizes information with respect to stock options outstanding at October 31, 2018, based on Ciena’s closing stock price on the last trading day of Ciena’s fiscal 2018 (shares and intrinsic value in thousands):

 
 
 
 
 
 
Options Outstanding at
 
Vested Options at
 
 
 
 
 
 
October 31, 2018
 
October 31, 2018
 
 
 
 
 
 
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
$
5.34

 

 
$
11.16

 
14

 
1.31
 
$
8.30

 
$
323

 
14

 
1.31
$
8.30

 
$
323

$
11.34

 

 
$
16.79

 
64

 
3.63
 
13.53

 
1,191

 
64

 
3.62
13.52

 
1,185

$
17.50

 

 
$
25.36

 
11

 
5.6
 
18.44

 
156

 
11

 
5.55
18.21

 
151

$
32.06

 

 
$
37.10

 
54

 
3.97
 
35.60

 

 
54

 
3.97
35.60

 

$
37.82

 

 
$
55.63

 
133

 
4.59
 
46.29

 

 
132

 
4.59
46.29

 

$
5.34

 

 
$
55.63

 
276

 
4.13
 
$
33.52

 
$
1,670

 
275

 
4.12
$
33.56

 
$
1,659

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, 2017
4,143

 
$
21.46

 
$
86,721

Granted
2,713

 
 
 
 
Vested
(2,155
)
 
 
 
 
Canceled or forfeited
(299
)
 
 
 
 
Balance as of October 31, 2018
4,402

 
$
22.26

 
$
140,943

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

 
Year Ended October 31,
 
2018
 
2017
 
2016
Product cost of goods sold
$
2,984

 
$
2,672

 
$
2,457

Service cost of goods sold
2,616

 
2,487

 
2,479

Share-based compensation expense included in cost of goods sold
5,600

 
5,159

 
4,936

Research and development
13,518

 
12,957

 
13,870

Sales and marketing
14,246

 
12,846

 
15,138

General and administrative
19,709

 
17,321

 
17,342

Acquisition and integration costs

 

 
714

Share-based compensation expense included in operating expense
47,473

 
43,124

 
47,064

Share-based compensation expense capitalized in inventory, net
(101
)
 
77

 
(7
)
Total share-based compensation
$
52,972

 
$
48,360

 
$
51,993