Graco 2007 Annual Report Download - page 72

Download and view the complete annual report

Please find page 72 of the 2007 Graco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

Newell Rubbermaid Inc. 2007 Annual Report
70
The following table summarizes the changes in the number of shares of restricted stock for the following periods (shares in millions):
Weighted-Average
Shares Grant-Date Fair Value
Outstanding at December 31, 2004 0.4 $23
Granted 0.7 22
Forfeited (0.1) 24
Outstanding at December 31, 2005 1.0 $23
Granted 1.5 24
Forfeited (0.3) 24
Outstanding at December 31, 2006 2.2 $24
Granted 1.2 30
Vested (0.5) 23
Forfeited (0.3) 24
Outstanding at December 31, 2007 2.6 $26
Expected to vest at December 31, 2007 2.4 $26
The following table summarizes the Company’s total unrecognized compensation cost related to stock-based compensation as of December 31, 2007
(in millions):
Weighted Average Period
Unrecognized of Expense Recognition
Compensation Cost (in years)
Stock options $47.9 2
Restricted stock 34.4 2
Total $82.3