v2.3.0.11
Shareholders' Equity and Stock-Based Compensation (Tables)
|
9 Months Ended |
|
Components of Total Comprehensive Income, Net of Taxes |
The following
table summarizes the components of total comprehensive income, net
of taxes, during the three- and nine-month periods ended
June 25, 2011 and June 26, 2010 (in millions):
C:
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
Three Months Ended |
|
|
Nine Months
Ended |
|
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
C: C:
Net income
|
|
$ |
7,308 |
|
|
$ |
3,253 |
|
|
$ |
19,299 |
|
|
$ |
9,705 |
|
Other comprehensive
income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in unrecognized
gains/losses on derivative instruments
|
|
|
112 |
|
|
|
13 |
|
|
|
273 |
|
|
|
41 |
|
Change in foreign currency
translation
|
|
|
11 |
|
|
|
(54 |
) |
|
|
101 |
|
|
|
(43 |
) |
Change in unrealized
gains/losses on marketable securities
|
|
|
140 |
|
|
|
24 |
|
|
|
61 |
|
|
|
33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive
income
|
|
$ |
7,571 |
|
|
$ |
3,236 |
|
|
$ |
19,734 |
|
|
$ |
9,736 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Comprehensive Income Related to Derivatives, Net of Taxes |
The following
table summarizes activity in other comprehensive income related to
derivatives, net of taxes, held by the Company during the three-
and nine-month periods ended June 25, 2011 and June 26,
2010 (in millions):
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
Three Months Ended |
|
|
Nine Months
Ended |
|
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
Change in fair value of
derivatives
|
|
$ |
8 |
|
|
$ |
55 |
|
|
$ |
(175 |
) |
|
$ |
91 |
|
Adjustment for net
gains/losses realized and included in income
|
|
|
104 |
|
|
|
(42 |
) |
|
|
448 |
|
|
|
(50 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in unrecognized
gains/losses on derivative instruments
|
|
$ |
112 |
|
|
$ |
13 |
|
|
$ |
273 |
|
|
$ |
41 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Components of Accumulated Other Comprehensive Income, Net of Taxes |
|
Restricted Stock Unit Activity |
A summary of
the Company’s RSU activity and related information for the
nine months ended June 25, 2011, is as follows (in thousands,
except per share amounts):
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
Number of
Shares |
|
|
Weighted-
Average
Grant
Date
Fair
Value |
|
|
Aggregate
Intrinsic
Value |
|
Balance at September 25,
2010
|
|
|
13,034 |
|
|
$ |
165.63 |
|
|
|
|
|
RSUs granted
|
|
|
5,232 |
|
|
$ |
296.08 |
|
|
|
|
|
RSUs vested
|
|
|
(4,224 |
) |
|
$ |
166.49 |
|
|
|
|
|
RSUs cancelled
|
|
|
(609 |
) |
|
$ |
183.53 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at June 25,
2011
|
|
|
13,433 |
|
|
$ |
215.35 |
|
|
$ |
4,383,924 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Option Activity and Related Information |
A summary of
the Company’s stock option activity and related information
for the nine months ended June 25, 2011, is as follows (in
thousands, except per share amounts and contractual term in
years):
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
Number
of Shares |
|
|
Weighted-
Average
Exercise
Price |
|
|
Weighted-
Average
Remaining
Contractual
Term |
|
|
Aggregate
Intrinsic
Value |
|
Balance at
September 25, 2010
|
|
|
21,725 |
|
|
$ |
90.46 |
|
|
|
|
|
|
|
|
|
Options granted
|
|
|
1 |
|
|
$ |
342.62 |
|
|
|
|
|
|
|
|
|
Options
cancelled
|
|
|
(149 |
) |
|
$ |
124.71 |
|
|
|
|
|
|
|
|
|
Options
exercised
|
|
|
(7,822 |
) |
|
$ |
63.20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at June 25,
2011
|
|
|
13,755 |
|
|
$ |
105.62 |
|
|
|
2.54 |
|
|
$ |
3,036,128 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at
June 25, 2011
|
|
|
12,431 |
|
|
$ |
99.59 |
|
|
|
2.43 |
|
|
$ |
2,818,845 |
|
Expected to vest after
June 25, 2011
|
|
|
1,324 |
|
|
$ |
162.24 |
|
|
|
3.57 |
|
|
$ |
217,283 |
|
Summary of the Stock-Based Compensation Expense |
The following
table summarizes the stock-based compensation expense included in
the Condensed Consolidated Statements of Operations for the three-
and nine-month periods ended June 25, 2011 and June 26,
2010 (in millions):
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
September 30, |
|
|
|
Three Months Ended |
|
|
Nine Months
Ended |
|
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
|
June 25,
2011 |
|
|
June 26,
2010 |
|
Cost of sales
|
|
$ |
52 |
|
|
$ |
38 |
|
|
$ |
155 |
|
|
$ |
112 |
|
Research and
development
|
|
|
119 |
|
|
|
80 |
|
|
|
336 |
|
|
|
240 |
|
Selling, general and
administrative
|
|
|
113 |
|
|
|
101 |
|
|
|
379 |
|
|
|
303 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total stock-based
compensation expense
|
|
$ |
284 |
|
|
$ |
219 |
|
|
$ |
870 |
|
|
$ |
655 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
X |
- Definition
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- Definition
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 14.F)
-URI http://asc.fasb.org/extlink&oid=6793087&loc=d3e301413-122809
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph A240
-Subparagraph g(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14
-Section F
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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