Blackberry 2012 Annual Report Download - page 155
Download and view the complete annual report
Please find page 155 of the 2012 Blackberry annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
 |
 |
Research In Motion Limited
Notes to the Consolidated Financial Statements
In millions of United States dollars, except share and per share data, and except as otherwise indicated
A summary of unvested stock options since February 26, 2011 is shown below:
As at March 3, 2012, there was $17 million of unrecognized stock-based compensation expense related to unvested stock
options which will be expensed over the vesting period, which, on a weighted-average basis, results in a period of approximately
1.2 years. The total fair value of stock options vested during the year ended March 3, 2012 was $27 million.
Cash received from the stock options exercised for the year ended March 3, 2012 was $9 million (February 26, 2011 - $67
million). Tax deficiencies incurred by the Company related to the stock options exercised was $2 million at March 3, 2012
(February 26, 2011 – tax deficiencies incurred of $1 million; February 27, 2010 – tax benefits realized of $2 million).
During the years ended March 3, 2012 and February 26, 2011, there were no stock options granted. During the year ended
February 27, 2010, there were approximately 559 thousand stock options granted. The weighted-average fair values of stock
options granted during fiscal 2010 were calculated using the BSM option-pricing model with the following assumptions:
At the time the stock options were granted, the Company had no current expectation of paying cash dividends on its common
shares and the risk-free interest rates utilized during the life of the stock options was based on a U.S.
34
Options Outstanding
Number
(000’s)
Weighted
Average
Grant
Date Fair
Value
Balance as at February 26, 2011
1,517
$37.63
Vested durin
g
the
p
eriod
(775)
34.63
Forfeited durin
g
the
p
eriod
(143)
37.59
Balance as at March 3, 2012
599
$ 41.53
February 27,
2010
Number of o
p
tions
g
ranted (000’s)
559
Wei
g
hted-avera
g
e
g
rant date fair value of stock o
p
tions
g
ranted durin
g
the
y
ear
$ 33.02
Assum
p
tions:
Ris
k
-free interest rate
1.8%
Ex
p
ected life in
y
ears
4.2
Ex
p
ected dividend
y
ield
0%
Volatilit
y
65%