Shutterfly 2008 Annual Report Download - page 33
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Please find page 33 of the 2008 Shutterfly 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.-
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including, among other things, estimates regarding the length of time an employee will retain vested stock options before exercising them, the estimated volatility of our common
stock price and the number of options that will be forfeited prior to vesting. The fair value is then amortized on a straight-
line basis over the requisite service periods of the awards,
which is generally the vesting period. Changes in these estimates and assumptions can materially affect the determination of the fair value of stock-
based compensation and
consequently, the related amount recognized in our consolidated statements of operations.
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