Creative 2006 Annual Report Download - page 35

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35
฀Fiscal year 2006 Fiscal year 2005 Fiscal year 2004
Expected฀volatility฀ 36%฀ –฀ 35%
Risk-free฀interest฀rates฀ 2.31%฀to฀4.40%฀ –฀ 1.24%฀to฀2.27%
Dividend฀yield฀ 3.0%฀ –฀ 2.0%
Expected฀life฀of฀options฀(in฀years)฀ 0.60฀years฀after฀vest฀date฀ –฀ 0.01฀years฀after฀vest฀date
฀ ฀ Years ended June 30
2006 2005 2004
Weighted฀average฀fair฀value฀of฀stock฀options฀granted:
Stock฀options:
฀ At฀market฀ $฀ 1.63฀ $฀ –฀ $฀ 2.06
฀ Below฀market฀฀ $฀ –฀ $฀ –฀ $฀ –
Summary฀of฀outstanding฀options฀under฀Creative’s฀employee฀share฀option฀plans
The฀following฀table฀summarizes฀the฀option฀information฀under฀the฀Creative’s฀employee฀share฀option฀plans฀as฀at฀June฀30,฀2006.
฀ Number฀of฀฀฀฀฀฀฀฀ Weighted-Average฀฀฀
฀ Options฀(’000)฀ Exercise฀Price฀($)
฀฀฀
Outstanding฀at฀June฀30,฀2003฀ 10,592฀ 6.59
Granted฀ 150฀ 10.14
Exercised฀ (1,517)฀ 5.64
Cancelled/Forfeited/Expired฀ (304)฀ 6.48
฀ ฀ ฀
Outstanding฀at฀June฀30,฀2004฀ 8,921฀ 6.82
Granted฀ 0฀ 0.00
Exercised฀ (2,224)฀ 6.48
Cancelled/Forfeited/Expired฀ (116)฀ 6.83
฀ ฀ ฀
Outstanding฀at฀June฀30,฀2005฀ 6,581฀ 6.93
Granted฀ 3,120฀ 7.50
Exercised฀ (677)฀ 4.29
Cancelled/Forfeited/Expired฀ (355)฀ 8.92
฀ ฀ ฀
Outstanding฀at฀June฀30,฀2006฀ 8,669฀ 7.26
฀ ฀ ฀
Exercisable฀at฀June฀30,฀2006฀ 5,516฀ 7.12