Seagate 2006 Annual Report Download - page 122

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Table of Contents
SEAGATE TECHNOLOGY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The results for the first quarter of fiscal year 2006 include approximately $16 million of stock-based
compensation expense as a result of the Company’s adoption of SFAS No. 123(R) and $4 million in restructuring
costs. The results for the second quarter include approximately $20 million of stock-based compensation expense.
The results for the third quarter include approximately $21 million of stock-
based compensation expense. The results
for the fourth quarter include approximately $17 million of stock-based compensation expense, Maxtor’s operating
losses from May 19, 2006 through June 30, 2006 and related charges related to the Company’
s acquisition of Maxtor,
which include $38 million in integration and retention costs, net of related tax effects, $24 million in amortization of
intangibles and $16 million in stock-based compensation charges related to Maxtor options assumed and nonvested
shares exchanged.
119