THQ 2005 Annual Report Download - page 98

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75
Options granted and shares exercised relating to options granted outside of our stock option plans during
the year ended December 31, 2002, Transition 2003 and the fiscal years ended March 31, 2004 and 2005,
are listed below. Share exercise prices for these options equal the market price of our common stock at the
date of the grant except for options issued by Locomotive Games, Inc. and Genetic Anomalies prior to the
acquisitions, which were issued at below market value. These options were accounted for under APB
Opinion No. 25 and we have recognized stock compensation of zero, $84,000, $189,000 and $169,000 for
the fiscal years ended March 31, 2005 and 2004, Transition 2003 and for the year ended December 31,
2002, respectively. Generally, options granted outside of our stock option plans become exercisable over
three years and expire within five years from the date of grant.
Weighted Average Number of
Stock Options Exercise Price Shares
Balance at January 1, 2002.................................. $6.53793,484
Granted .................................................. $——
Exercised................................................. $6.95 (386,297)
Canceled.................................................. $11.00(8,554)
Balance at December 31, 2002............................... $6.05398,633
Granted .................................................. $——
Exercised................................................. $0.57 (1,263)
Canceled.................................................. $0.62 (166)
Balance at March 31,2003 .................................. $6.07397,204
Granted .................................................. $——
Exercised................................................. $4.72 (86,860)
Canceled.................................................. $20.52(1,918)
Balance at March 31,2004 .................................. $6.29308,426
Granted .................................................. $——
Exercised................................................. $5.83 (104,117)
Canceled.................................................. $31.50(540)
Balance at March 31,2005 .................................. $6.46203,769
Options exercisable at December 31,2002..................... $6.06397,492
Options exercisable at March 31,2003 ........................ $6.07397,204
Options exercisable at March 31,2004 ........................ $6.29308,426
Options exercisable at March 31,2005 ........................ $6.46203,769
The following table summarizes information about stock options outstanding at March 31, 2005:
Number Weighted Average Weighted
Range of
Exercise Price
Outstanding at
March 31, 2005
Remaining
Contractual Life
Average Exercise
Price
$0.49 -$10.25............................ 176,4101 $2.35
$11.33 - $16.70 ............................ 1,309,7153 $13.81
$16.82 - $22.08 ............................ 3,577,9404 $19.09
$22.09 - $30.04 ............................ 1,454,7042 $27.70
$30.93 - $38.53 ............................ 68,066 2$34.35
6,586,835 3$19.65