Ingram Micro 2010 Annual Report Download - page 76

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The following table summarizes information about stock options outstanding and exercisable at January 1,
2011:
Range of Exercise Prices
Number
Outstanding at
January 1,
2011 (in 000s)
Weighted-
Average
Remaining
Life
Weighted-
Average
Exercise
Price
Number
Exercisable at
January 1,
2011 (in 000s)
Weighted-
Average
Exercise
Price
Options Outstanding Options Exercisable
$10.15 – $12.35 ............. 1,439 0.4 $11.15 1,437 $11.15
$12.77 – $15.81 ............. 2,403 3.1 14.31 2,403 14.31
$16.42 – $19.93 ............. 5,675 3.9 17.96 5,382 17.96
$20.00 – $21.60 ............. 898 6.0 20.71 898 20.71
10,415 3.7 16.41 10,120 16.37
Activity related to restricted stock and restricted stock units was as follows for the three years ended January 1,
2011:
Number of
Shares
(in 000s)
Weighted-
Average
Grant Date
Fair Value
Non-vested at December 29, 2007................................ 2,492 $20.19
Granted ................................................. 1,758 17.70
Vested .................................................. (1,112) 19.64
Forfeited................................................. (462) 17.93
Non-vested at January 3, 2009 .................................. 2,676 19.17
Granted ................................................. 3,484 11.51
Vested .................................................. (256) 17.30
Forfeited................................................. (809) 13.70
Non-vested at January 2, 2010 .................................. 5,095 14.90
Granted ................................................. 1,823 18.24
Vested .................................................. (764) 14.46
Forfeited................................................. (1,044) 17.37
Non-vested at January 1, 2011 .................................. 5,110 10.84
As of January 1, 2011, the unrecognized stock-based compensation cost related to non-vested restricted stock
and restricted stock units was $35,459. We expect this cost to be recognized over a remaining weighted-average
period of approximately 1.3 years.
Employee Benefit Plans
Our U.S.-based employee benefit plans permit eligible employees to make contributions up to certain limits,
which are matched by us at stipulated percentages. Our contributions charged to expense were $1,909 in 2010,
$2,485 in 2009 and $4,450 in 2008.
68
INGRAM MICRO INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)