Petsmart 2000 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2000 Petsmart 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 70

  • 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

F-20
PETSMART, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
value of options granted during the years ended January 30, 2000, January 31, 1999, and February 1, 1998 was
$3.29, $4.22, and $5.62, respectively.
Activity in all of the Company’ s stock option plans is as follows:
Weighted Average
Exercise Price
Shares per Share
(In
thousands)
Outstanding, February 2, 1997 10,629 $ 12.827
Granted 4,771 15.064
Exercised (1,145) 4.673
Canceled (1,915) 16.156
Outstanding, February 1, 1998 12,340 13.770
Granted 4,318 8.524
Exercised (350) 6.167
Canceled (3,152) 17.126
Outstanding, January 31, 1999 13,156 11.453
Granted 5,579 6.515
Exercised (222) 3.261
Canceled (2,727) 11.592
Outstanding, January 30, 2000 15,786 $ 9.799
At January 30, 2000, options for a total of 7,215,775 shares are exercisable.
The following table summarizes information about the Company’ s stock options at January 30, 2000:
Options Outstanding Options Exercisable
Weighted Weighted
Weighted Average Average Average
Number Remaining Exercise Number Exercise
Range of Exercise Prices Outstanding Contractual Life Price Exercisable Price
$ 0.131 – $ 5.188 2,032,745 8.44 $ 3.76 370,078 $ 2.89
$ 5.219 – $ 7.188 1,506,592 8.30 $ 6.83 783,474 $ 7.00
$ 7.531 – $ 7.531 2,706,292 9.07 $ 7.53 28,881 $ 7.53
$ 7.563 – $ 8.438 1,696,877 8.55 $ 7.91 302,485 $ 7.73
9/16/2010 www.sec.gov/Archives/edgar/data/86…
sec.gov/…/0000950153-00-000575-d1.… 61/70