Circuit City 2006 Annual Report Download - page 42

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------- ------- --------- ---------
Outstanding Exercise Contractual Life Value (in
----------- -------- ---------------- ---------
Range of Exercise Prices At 12/31/06 Price thousands)
------------------------ ----------- ----- ---------
$ 1.76 to $ 5.00 1,176,935 $2.10 5.56 18,063
$ 5.01 to $ 15.00 1,400,316 $6.45 7.26 15,441
$ 15.01 to $ 18.41 51,825 $15.72 7.81 60
------ --
$ 1.76 to $ 18.41 2,629,076 $4.69 6.51 $33,564
========= =======
Weighted Weighted Average Aggregate
-------- ---------------- ---------
Number Average Remaining Intrinsic
------- ------- --------- ---------
Outstanding Exercise Contractual Life Value (in
----------- -------- ---------------- ---------
Range of Exercise Prices At 12/31/06 Price thousands)
------------------------ ----------- ----- ---------
$ 1.76 to $ 5.00 1,016,935 $2.15 5.47 15,557
$ 5.01 to $ 15.00 847,666 $6.36 6.37 9,435
$ 15.01 to $ 18.41 26,825 $16.36 5.97
-----
$ 1.76 to $ 18.41 1,891,426 $4.24 5.88 $24,992
========= =======
Weighted Weighted Average Aggregate
-------- ---------------- ---------
Number Average Remaining Intrinsic
------ ------- --------- ---------
Exercisable Exercise Contractual Life Value (in
----------- -------- ---------------- ---------
Range of Exercise Prices At 12/31/06 Price thousands)
------------------------ ----------- ----- ---------
$ 1.76 to $ 5.00 1,176,935 $2.10 5.56 $18,063
$ 5.01 to $ 15.00 1,383,616 $6.45 7.26 15,238
$ 15.01 to $ 18.41 51,825 $15.72 7.81 60
------ --
$ 1.76 to $ 18.41 2,612,376 $4.69 6.51 $33,361
========= =======
Weighted Average
----------------
For Shares Grant-Date Fair Value
---------- ---------------------
Unvested at January 1, 2006 840,189 $1.84
The following table summarizes information about options vested and exercisable at December 31, 2006:
The following table summarizes information about options vested and exercisable or nonvested that are expected to
vest (nonvested outstanding less expected forfeitures) at December 31, 2006:
The aggregate intrinsic value in the tables above represents the total pretax intrinsic value (the difference between the
closing stock price on the last day of trading in the year December 31, 2006 and the exercise price) that would have
been received by the option holders had all options been exercised on December 31, 2006. This value will change
based on the fair market value of the Company
’
s common stock.
The total intrinsic value of options exercised in 2006 was $3,501,000. Total intrinsic value for options exercised in
2005 and 2004 was $679,000 and $516,000, respectively.
The following table reflects the activity for all unvested stock options during the year ended December 31, 2006: