Crucial 2013 Annual Report Download - page 94

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93
Stock-based Compensation Expense
For the year ended 2013 2012 2011
Stock-based compensation expense by caption:
Cost of goods sold $ 27 $ 23 $ 20
Selling, general and administrative 45 47 38
Research and development 18 17 17
Other operating (income) expense 1 — 1
$ 91 $ 87 $ 76
Stock-based compensation expense by type of award:
Stock options $ 57 $ 57 $ 44
Restricted stock awards 34 30 32
$ 91 $ 87 $ 76
Stock-based compensation expense of $6 million and $5 million was capitalized and remained in inventory as of
August 29, 2013 and August 30, 2012, respectively. As of August 29, 2013, $136 million of total unrecognized compensation
costs, net of estimated forfeitures, related to non-vested awards was expected to be recognized through the fourth quarter of
2017, resulting in a weighted-average period of 1.2 years. Stock-based compensation expense in the above presentation does
not reflect any significant income tax benefits, which is consistent with our treatment of income or loss from our U.S.
operations. (See "Income Taxes" note.)
Employee Benefit Plans
We have employee retirement plans at our U.S. and international sites. Details of the more significant plans are discussed
as follows:
Employee Savings Plan for U.S. Employees
We have 401(k) retirement plans ("RAM Plans") under which U.S. employees may contribute up to 75% of their eligible
pay (subject to IRS annual contribution limits) to various savings alternatives, none of which include direct investment in our
common stock. We match in cash eligible contributions from employees up to 5% of the employee's annual eligible earnings.
Contribution expense for the RAM Plans was $41 million, $41 million and $26 million in 2013, 2012 and 2011, respectively.
Retirement Plans
We have pension plans in various countries worldwide. The pension plans are only available to local employees and are
generally government mandated. We have determined that these pension plans are not material for separate disclosure.
Restructure and Asset Impairments
For the year ended 2013 2012 2011
Loss on impairment of MIT assets $ 62 $ — $ —
Loss on impairment of LED assets 33 — —
Loss on restructure of ST consortium agreement 26 — —
Gain on termination of lease to Transform (25) — —
Gain from disposition of Japan Fabrication Facility — — (54)
Other 30 10 (21)
$ 126 $ 10 $ (75)