Microsoft Word - 10Q Q1 FY05

We use cookies to personalise content and ads, to provide social media features and to analyse traffic. We share info about use of our site with social media, ads and analytics partners. By continuing to browse you are agreeing to use of cookies. See details or close this message.

Page

/50

100%

Specifications	Microsoft Word - 10Q Q1 FY05_final.doc djoseph
Business section

32 of our investments could reduce our net income in future periods. We are uncertain about future investment gains and losse

Specifications	Microsoft Word - 10Q Q1 FY05_final.doc djoseph
Suggested Link Details/Purchase
Content	32 of our investments could reduce our net income in future periods. We are uncertain about future investment gains and losses, as they are primarily dependent upon the operations of the underlying investee companies. EMPLOYEE AND DIRECTOR STOCK OPTIONS Option Program Description Our stock option program is a long-term retention program that is intended to attract, retain and provide incentives for talented employees, officers and directors, and to align stockholder and employee interests. We consider our option programs critical to our operation and productivity; essentially all of our employees participate. Currently, we grant options from the 1) 2003 Equity Incentive Plan (“2003 Plan”), under which options could be granted to all employees, including executive officers, and outside consultants and 2) the 1996 Outside Directors Stock Option Plan, as amended, under which options are granted automatically under a pre-determined formula to non-employee directors. In addition, our stock option program includes the Adobe 1984 Stock Option Plan, as amended, and the Aldus 1984 Restated Stock Option Plan from which we currently do not grant options. The plans listed above are collectively referred to in the following discussion as “the Plans.” Option vesting periods are generally three years for all of the Plans. All stock option grants to current executive officers are made after a review by and with the approval of the Executive Compensation Committee of the Board of Directors. All members of the Executive Compensation Committee are independent directors, as defined in the current and proposed rules applicable to issuers traded on the Nasdaq Stock Market. See the “Report of the Executive Compensation Committee” appearing in the Company’s 2005 Proxy Statement for further information concerning the policies and procedures, of the Company and the Executive Compensation Committee, regarding the use of stock options. On March 16, 2005 our Board of Directors approved a two-for-one stock split, in the form of a stock dividend, of our common stock payable on May 23, 2005 for stockholders of record as of May 2, 2005. The share and per share data below have not been adjusted to give effect to this stock split. Distribution and Dilutive Effect of Options The table below provides information about stock options granted to our Chief Executive Officer and our four other most highly compensated executive officers, as identified in our 2005 Proxy Statement. This group is referred to as the Named Executive Officers. Please refer to the section headed “Stock Option Exercises and Option Holdings” below for the Named Executive Officers. Options granted to employees, directors and Named Executive Officers for the first quarter of fiscal 2005 and for fiscal year 2004 are summarized as follows: 2005 2004 Net grants(†) during the period as % of outstanding shares.% 4% Net grants to Named Executive Officers during the period as % of total options granted. 28% 9% Net grants to Named Executive Officers during the period as % of outstanding shares. % *% Cumulative options held by Named Executive Officers as % of total options outstanding.14% 16% (†) “Net grants” equals the sum of the number of shares subject to options granted to all employees, directors and Named Executive Officers during the specified period reduced by the number of shares subject to options which were canceled or otherwise terminated during such period. Net grants during fiscal 2004 reflect the new options granted in exchange for options cancelled under our stock option exchange program in fiscal 2003. Net grants as a
Navigation	Previous Page / Next Page
Suggested Link Details/Purchase

Following Datasheets	10Q_Q1FY07_FINAL (50 pages) 10Q_Q1_FY09 (53 pages) 10Q_Q2FY05 (54 pages) 10Q_Q2_FY04 (52 pages) 10Q_Q2_FY07 (50 pages) 10Q_Q2_FY09 (56 pages) 10Q_Q3FY05_final (55 pages) 10Q_Q3_FY04 (51 pages) 10Q_Q3_FY08 (52 pages) 10Q_Q3_FY09 (59 pages)
Check in e-portals	World-H-News Products Extensions Partners Automation Jet Parts
Sitemap Folder	group1 group2 group3 group4 group5 group6 group7 group8 group9 group10 group11 group12 group13 group14 group15 group16 group17 group18 group19 group20 group21 group22 group23 group24 group25 group26 group27 group28 group29 group30 group31 group32 group33 group34 group35 group36 group37 group38 group39 group40 group41 group42 group43 group44 group45 group46 group47 group48 group49 group50 group51 group52 group53 group54 group55 group56 group57 group58 group59 group60 group61 group62 group63 group64 group65 group66 group67 group68 group69 group70 group71 group72 group73 group74 group75 group76 group77 group78 group79 group80 group81 group82 group83 group84 group85 group86 group87 group88 group89 group90 group91 group92 group93 group94 group95 group96 group97 group98 group99 group100 Prewious Folder Next Folder

Microsoft Word - 10Q Q1 FY05_final.doc djoseph

Microsoft Word - 10Q Q1 FY05_final.doc djoseph