Staples 2006 Annual Report Download - page 122

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STAPLES, INC. AND SUBSIDIARIES
Notes To Consolidated Financial Statements (Continued)
C-18
NOTE H Employee Benefit Plans (Continued)
Stock Options
Information with respect to stock options granted under the above plans is as follows:
Number of
Shares
Weighted Average
Exercise Price
Per Share
Aggregate
Intrinsic Value
(in thousands)
Outstanding at January 31, 2004................................... 74,943,866 $ 11.49
Granted...................................................... 15,553,603 19.10
Exercised..................................................... (18,963,776) 9.82
Canceled ..................................................... (2,645,105) 12.93
Outstanding at January 29, 2005................................... 68,888,588 $ 13.61
Granted...................................................... 16,757,946 21.34
Exercised..................................................... (13,605,421) 11.78
Canceled ..................................................... (3,568,121) 17.08
Outstanding at January 28, 2006................................... 68,472,992 $ 15.68
Granted...................................................... 4,539,002 24.55
Exercised..................................................... (12,617,602) 13.18
Canceled ..................................................... (2,738,475) 19.45
Outstanding at February 3, 2007................................... 57,655,917 $ 16.75 $ 559,170
Exercisable at February 3, 2007.................................... 35,236,218 $ 14.14 $ 433,886
The weighted-average fair values of options granted during fiscal years 2006, 2005 and 2004 were $7.12, $6.32 and
$7.25, respectively.
The following table summarizes information concerning currently outstanding and exercisable options for common
stock:
Options Outstanding Options Exercisable
Range of
Exercise Prices
Number
Outstanding
Weighted
Average
Remaining
Contractual
Life (Years)
Weighted
Average
Exercise Price
Number
Exercisable
Weighted Average
Exercise Price
$ 0.00 - $ 9.00 1,357,695 1.80 $ 6.96 1,356,627 $ 6.96
$ 9.001 - $10.00 5,114,151 4.01 9.72 5,098,895 9.72
$10.001 - $11.00 5,848,299 4.82 10.50 5,830,382 10.50
$11.001 - $13.00 8,002,656 6.08 12.22 6,936,412 12.22
$13.001 - $14.00 3,296,552 2.60 13.37 3,278,585 13.37
$14.001 - $19.00 2,327,536 4.00 16.27 2,018,803 16.17
$19.001 - $20.00 10,649,060 7.19 19.16 4,662,734 19.16
$20.001 - $21.00 3,600,448 3.30 20.67 3,239,214 20.67
$21.001 - $22.00 12,390,164 8.39 21.31 2,577,682 21.33
$22.001 - $28.00 5,069,356 9.20 24.27 236,884 22.63
$ 0.00 - $28.00 57,655,917 6.19 $ 16.75 35,236,218 $ 14.14