8x8 2012 Annual Report Download - page 52

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The following table summarizes stock-based compensation expense (in thousands):
2012 2011 2010
Cost of service revenue $ 129 $ 50 $ 20
Cost of product revenue - - -
Research and developmen
t
260 111 63
Sales and marketing 859 192 72
General and administrative 258 105 49
Total stock-based compensation expense
related to employee stock options
and employee stock purchases, pre-tax 1,506 458 204
Tax benefi
t
- - -
Stock based compensation expense related to
employee stock options and employee
stock purchases, net of tax
$
1,506
$
458
$
204
Years Ended March 31,
COMPREHENSIVE INCOME
Comprehensive income, as defined, includes all changes in equity (net assets) during a period from non-owner sources. The
difference between net income and comprehensive income is due to unrealized gains or losses on investments classified as
available-for-sale. Comprehensive income is reflected in the consolidated statements of stockholders' equity.
NET INCOME PER SHARE
Basic net income per share is computed by dividing net income available to common stockholders (numerator) by the weighted
average number of vested, unrestricted common shares outstanding during the period (denominator). Diluted net income per
share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential
common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include
outstanding stock options and employee restricted purchase rights.
2012 2011 2010
Numerator:
Net income available to common stockholders
$
69,228
$
6,494
$
3,879
Denominator:
Common shares 66,413 63,087 62,861
Denominator for basic calculation 66,413 63,087 62,861
Employee stock options 3,327 2,564 318
Employee restricted purchase rights 409 222 83
Denominator for diluted calculation 70,149 65,873 63,262
Net income per share
Basic $ 1.04 $ 0.10 $ 0.06
Diluted $ 0.99 $ 0.10 $ 0.06
Years Ended March 31,
50