Annual Repor-Dell

45 1139 2278 1823 1684 fiscal 2009 weightednumber

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Unformatted text preview: cal 2010 WeightedNumber Average of Grant Date Shares Fair Value (in millions) (per share) 36 22 (13) (5) 40 $ $ 22.45 11.39 22.78 18.23 16.84 Fiscal 2009 WeightedNumber Average of Grant Date Shares Fair Value (in millions) (per share) 36 18 (10) (8) 36 $ $ 24.90 19.11 24.64 23.15 22.45 (a) Upon vesting, restricted stock units are generally sold to cover the required withholding taxes. However, select participants may choose the net shares settlement method to cover withholding tax requirements. Total shares withheld were approximately 354,000, 157,000, and 48,000 for Fiscal 2011, Fiscal 2010, and Fiscal 2009, respectively. Total payments for the employee's tax obligations to the taxing authorities were $5 million, $2 million, and $1 million in Fiscal 2011, Fiscal 2010, and Fiscal 2009, respectively, and are reflected as a financing activity within the Consolidated Statements of Cash Flows. For the Fiscal 2011, Fiscal 2010, and Fiscal 2009, total estimated vest date fair value of restricted stock awards was $250 million, $134 million, and $197 million. At January 28, 2011, January 29, 2010, and January 30, 2009, there was $341 million, $393 million, and $507 million, respectively, of unrecognized stock-based compensation expense, net of estimated forfeitures, related to non-vested restricted stock awards. These awards are expected to be recognized over a weighted-average period of approximately 1.9, 1.8, and 2.0 years, respectively. spi2532X_appB_B1-B24.indd B-19 spi2532X_appB_B1-B24.indd B-19 1/20/12 4:20 PM 1/20/12 4:20 PM Confirming Pages B-20 APPENDIX B Dell Annual Report (selected pages) DELL INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) Stock-based Compensation Expense Stock-based compensation expense was allocated as follows: January 28, 2011 Stock-based compensation expense: Cost of net revenue Operating expenses Stock-based compensation expense before taxes Income tax benefit Stock-based compensation expense, net of income taxes $ $ 57 275 332 (97) 235 Fiscal Year Ended January 29, 2010 (in millions) $ $ 47 265 312 (91) 221 January 30, 2009 $ $ 62 356 418 (131) 287 Stock-based compensation in the table above includes $104 million of expense for accelerated options and a reduction of $1 million for t...
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