Neiman Marcus 2004 Annual Report Download - page 103

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The following table summarizes information about our stock options as of July 30, 2005:
Options Outstanding Options Exercisable
Range
Of
Exercise
Prices
Shares
Outstanding
At July 30,
2005
Weighted-
Average
Remaining
Contractual
Life (Years)
Weighted-
Average
Exercise
Price
Shares
Outstanding
At July 30,
2005
Weighted-
Average
Exercise
Price
$15.38-$29.19 605,390 4.9 $ 24.67 434,590 $ 24.70
$30.35-$36.50 1,113,825 3.8 $ 32.56 283,300 35.00
$43.05-$53.08 784,850 4.2 $ 43.31 — —
$55.95-$60.83 546,790 5.2 $ 56.89 — —
3,050,855 4.4 $ 38.12 717,890 $ 28.76
NOTE 7. Income Taxes
The significant components of income tax expense are as follows:
Years Ended
July 30,
2005
July 31,
2004
August 2,
2003
(in thousands)
Current:
Federal $148,079 $ 93,963 $64,758
State 13,206 3,328 6,854
Foreign 307 367 192
161,592 97,658 71,804
Deferred:
Federal (13,303) 21,177 6,944
State (1,802) 2,097 500
(15,105) 23,274 7,444
Income tax expense $146,487 $120,932 $79,248
F-24