D-Link 2013 Annual Report Download - page 68
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D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
(ii) Employee stock option plan 2:
2013
2012
Options
Weighted-avera
ge exercise price
(NTD)
Options
Weighted-avera
ge exercise price
(NTD)
Outstanding at beginning of period
605
$ 23.15
2,390
24.49
Granted
-
-
-
-
Exercised
-
-
-
-
Forfeited
(50)
-
(1,785)
-
Outstanding at end of year
555
23.15
605
24.49
(6) Assumptions were as follows:
(i) If the Company used the fair value method to recognize compensation cost of employee
stock option plan 1 and used the Black-Scholes pricing model to estimate the fair value of
the stock options on the date they were granted, the pro forma net income and EPS, and the
assumptions used would be as follows:
Assumptions
Expected price volatility
30.89 %
Risk-free rate
2.725 %
Expected time to expiration (years)
6
Fair value per share
13.1
(7) The Company utilized the Black-Scholes pricing model to value employee stock option plan 2,
and the fair value of the options and main inputs to the pricing model were as follows:
Assumptions
Expected price volatility
40.30 %
Risk-free rate
1.165 %
Expected time to expiration (years)
5
Fair value per share
10.4
(q) Earnings per share
The calculation of basic earnings per share and diluted earnings per share of the Consolidated
Company in 2013 and 2012 were as follows:
(1) Basic earnings per ordinary share
2013
2012
Profit attributable to owners of the parent
$ 647,609
786,135