Computer Associates 2012 Annual Report Download - page 94

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The total vesting date fair value of RSAs and RSUs released during fiscal years 2012, 2011 and 2010 was approximately $73 million,
$82 million and $64 million, respectively.
Performance Awards: The Company rewards certain senior executives with performance awards under its long-term incentive plans.
These Performance Share Units (PSUs) include 1-year and 3-year performance periods for senior executives and a 1-year
performance period for members of the sales team. These PSUs are granted at the conclusion of the performance period and after
approval by the Compensation Committee.
The 1-year PSUs for the fiscal 2011, 2010 and 2009 incentive plan years were granted in the first quarter of fiscal years 2012, 2011
and 2010, respectively. One-third of these awards vest upon granting with the second third and final third vesting on the first and
second anniversary of the grant, respectively. The table below summarizes the RSAs and RSUs granted under these PSUs:
RSAs RSUs
INCENTIVE PLANS FOR FISCAL YEARS
PERFORMANCE
PERIOD
SHARES
(in millions)
WEIGHTED
AVERAGE
GRANT DATE
FAIR VALUE
SHARES
(in millions)
WEIGHTED
AVERAGE
GRANT DATE
FAIR VALUE
2011 1-year 1.1 $ 24.68 0.1 $ 24.48
2010 1-year 2.2 $ 21.47 —(1) $ 21.38
2009 1-year 0.9 $ 18.05 —(1) $ 17.96
(1) Shares granted amounted to less than 0.1 million.
The 3-year PSUs for the fiscal year 2009, 2008 and 2007 incentive plan years were granted in the first quarter of fiscal years 2012,
2011 and 2010, respectively. These awards vest immediately upon grant.
INCENTIVE PLANS FOR FISCAL YEARS
PERFORMANCE
PERIOD
UNRESTRICTED
SHARES
(in millions)
WEIGHTED
AVERAGE
GRANT DATE
FAIR VALUE
2009 3-year 0.2 $ 24.68
2008 3-year 0.3 $ 21.47
2007 3-year 0.4 $ 18.05
Awards were granted under the Fiscal Year 2011, 2010 and 2009 Sales Retention Equity Programs in the first quarter of fiscal years
2012, 2011 and 2010, respectively. These awards cliff vest at the end of a three year period beginning on the first anniversary of the
grant date. The table below summarizes the RSAs and RSUs granted under this program:
RSAs RSUs
INCENTIVE PLANS FOR FISCAL YEARS
PERFORMANCE
PERIOD
SHARES
(in millions)
WEIGHTED
AVERAGE
GRANT DATE
FAIR VALUE
SHARES
(in millions)
WEIGHTED
AVERAGE
GRANT DATE
FAIR VALUE
2011 1-year 0.3 $ 24.68 0.1 $ 24.09
2010 1-year 0.4 $ 21.47 0.1 $ 21.36
2009 1-year 0.5 $ 18.05 0.2 $ 17.84
Employee Stock Purchase Plan: The Company’s stockholders approved the Company’s 2012 Employee Stock Purchase Plan (ESPP)
at the August 3, 2011 Annual Meeting of Stockholders. The ESPP offer period is semi-annual and allows participants to purchase the
Company’s common stock at 95% of the closing price of the stock on the last day of the offer period. A total of 30 million shares
may be issued under the ESPP. Shares will not be issued until the end of the first offer period, which occurs at the end of the first
quarter of fiscal year 2013.
Note 16 – Income Taxes
The amounts of income (loss) from continuing operations before taxes attributable to domestic and foreign operations are as follows:
YEAR ENDED MARCH 31,
(in millions) 2012 2011 2010
Domestic $ 830 $ 751 $ 699
Foreign 524 458 453
$ 1,354 $ 1,209 $ 1,152
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