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This excerpt taken from the BSQR 8-K filed Jun 19, 2009. Stock-Based Compensation The Company records compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, “Share-Based Payment,” (“SFAS 123R”) as interpreted by SEC Staff Accounting Bulletin No. 110. The Company records expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS 123R includes an estimate for forfeitures. These excerpts taken from the BSQR 10-Q filed May 7, 2009. Stock-Based Compensation The Company records compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, Share-Based Payment, as interpreted by SEC Staff Accounting Bulletin No. 110. The Company records expense over the vesting period using the straight-line method. The calculation of compensation expense for awards under SFAS 123R includes the impact of an estimate for forfeitures. Stock-based compensation expense is recorded in the statements of operations in the same line items as cash compensation for the Company’s employees as follows (in thousands):
Stock-based compensation expense under SFAS123R reduced net income by $227,000 and diluted income per share by $0.02 for the three months ended March 31, 2009. Stock-based compensation expense under SFAS123R reduced net income by $384,000 and diluted income per share by $0.04 for the three months ended March 31, 2008. At March 31, 2009, total compensation cost related to stock options granted under the Amended Plan but not yet recognized was $409,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a period of approximately 1.4 years and will be adjusted for subsequent changes in estimated forfeitures. At March 31, 2009, total compensation cost related to restricted stock awards granted under the Amended Plan but not yet recognized was $47,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a period of approximately six months. At March 31, 2009, total compensation cost related to restricted stock units granted under the Amended Plan but not yet recognized was $130,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a period of approximately 1.3 years. Stock-Based Compensation We record compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, “Share-Based Payment” (“SFAS 123R”), as interpreted by SEC Staff Accounting Bulletin No. 110. We record expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS 123R includes the impact of an estimate for forfeitures. These excerpts taken from the BSQR 10-K filed Mar 26, 2009. Stock-Based Compensation We record compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, Share-Based Payment, as interpreted by SEC Staff Accounting Bulletin No. 107. We record expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS No. 123R includes an estimate for forfeitures. Stock-Based Compensation The Company records compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, “Share-Based Payment,” (SFAS 123R) as interpreted by SEC Staff Accounting Bulletin No. 107. The Company records expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS 123R includes an estimate for forfeitures. See Note 9 for further information regarding the Company’s stock-based compensation assumptions and expenses. Stock-Based Compensation Effective January 1, 2006, the Company began recording compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, Share-Based Payment. The Company records expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS 123R includes an estimate for forfeitures. Stock-based compensation expense included in the statement of income follows (in thousands):
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Stock-based compensation expense reduced diluted net income per share by $0.14 in 2008 and $0.10 in 2007. At December 31, 2008, total compensation cost related to stock options granted to employees under the Amended Plan but not yet recognized was $465,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a weighted-average period of approximately 1.4 years. At December 31, 2008, total compensation cost related to restricted stock awards granted under the Amended Plan but not yet recognized was $85,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a period of approximately 0.49 years. At December 31, 2008, total compensation cost related to restricted stock units granted under the Amended Plan but not yet recognized was $134,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a period of approximately 1.46 years. These excerpts taken from the BSQR 10-K filed Feb 19, 2008. Stock-Based
Compensation
Effective January 1, 2006, the Company began recording
compensation expense associated with stock options and other
forms of equity compensation in accordance with
SFAS No. 123R, Share-Based Payment, as
interpreted by SEC Staff Accounting Bulletin No. 107.
The Company records expense over the vesting period using the
straight-line method. Compensation expense for awards under
SFAS 123R includes an estimate for forfeitures.
Stock-based compensation expense was recorded on the statement
of operations in the same line items as cash compensation for
our employees as follows (in thousands):
Stock-based compensation expense under SFAS 123R reduced
net income by $1.0 million and diluted earnings per share
by $0.10 in 2007 and reduced net income by $715,000 and diluted
earnings per share by $0.08 in 2006.
At December 31, 2007, total compensation cost related to
stock options granted to employees under the Company’s
stock plans but not yet recognized was $482,000, net of
estimated forfeitures. This cost will be amortized on the
straight-line method over a weighted-average period of
approximately 1.3 years and will be adjusted for subsequent
changes in estimated forfeitures.
At December 31, 2007, total compensation cost related to
restricted stock awards granted under the Company’s stock
plans but not yet recognized was $73,000. This cost will be
amortized on the straight-line method over a period of
approximately .75 years.
At December 31, 2007, total compensation cost related to
restricted stock units granted under the Company’s stock
plans but not yet recognized was $314,000. This cost will be
amortized on the straight-line method over a period of
approximately 2.1 years.
Stock-Based Compensation Effective January 1, 2006, the Company began recording compensation expense associated with stock options and other forms of equity compensation in accordance with SFAS No. 123R, Share-Based Payment, as interpreted by SEC Staff Accounting Bulletin No. 107. The Company records expense over the vesting period using the straight-line method. Compensation expense for awards under SFAS 123R includes an estimate for forfeitures. Stock-based compensation expense was recorded on the statement of operations in the same line items as cash compensation for our employees as follows (in thousands):
Stock-based compensation expense under SFAS 123R reduced net income by $1.0 million and diluted earnings per share by $0.10 in 2007 and reduced net income by $715,000 and diluted earnings per share by $0.08 in 2006. At December 31, 2007, total compensation cost related to stock options granted to employees under the Company’s stock plans but not yet recognized was $482,000, net of estimated forfeitures. This cost will be amortized on the straight-line method over a weighted-average period of approximately 1.3 years and will be adjusted for subsequent changes in estimated forfeitures. At December 31, 2007, total compensation cost related to restricted stock awards granted under the Company’s stock plans but not yet recognized was $73,000. This cost will be amortized on the straight-line method over a period of approximately .75 years. At December 31, 2007, total compensation cost related to restricted stock units granted under the Company’s stock plans but not yet recognized was $314,000. This cost will be amortized on the straight-line method over a period of approximately 2.1 years. This excerpt taken from the BSQR 10-K filed Feb 16, 2007. Stock-Based
Compensation
Effective January 1, 2006, the Company began recording
compensation expense associated with stock options and other
forms of equity compensation in accordance with Statement of
Financial Accounting Standards No. 123R, Share-Based
Payment, (“SFAS 123R”) as interpreted by SEC
Staff Accounting Bulletin No. 107. Prior to
December 31, 2005, the Company accounted for stock options
granted to employees according to the provisions of Accounting
Principles Board (“APB”) Opinion No. 25,
Accounting for Stock Issued to Employees, and related
interpretations, as permitted by SFAS 123, Accounting
for Stock-Based Compensation, and, therefore, no related
compensation expense was recorded for awards granted with no
intrinsic value. The Company adopted the modified prospective
transition method provided for under SFAS 123R, and
consequently has not retroactively adjusted results for prior
periods. Under this transition method, compensation cost
associated with stock options includes:
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BSQUARE
CORPORATION
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
1) compensation cost related to the remaining unvested
portion of all stock option awards granted prior to
December 31, 2005, based on the grant date fair value
estimated in accordance with the original provisions of
SFAS 123; and 2) compensation cost related to all
stock option awards granted subsequent to December 31,
2005, based on the grant-date fair value estimated in accordance
with the provisions of SFAS 123R. The Company records
expense over the vesting period using the straight-line method.
Compensation expense for awards under SFAS 123R includes an
estimate for forfeitures.
Stock-based compensation expense was recorded on the statement
of operations in the same line items as cash compensation for
our employees as follows (in thousands):
The impact of stock-based compensation expense under
FAS 123R reduced net income by $715,000 and basic and
diluted earnings per share by $0.08.
At December 31, 2006, total compensation cost related to
stock options granted to employees under the Company’s
stock option plans but not yet recognized was $470,000, net of
estimated forfeitures. This cost will be amortized on the
straight-line method over a weighted-average period of
approximately 1.4 years and will be adjusted for subsequent
changes in estimated forfeitures.
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