CCO » Topics » FAS No. 123 (R): Share-Based Payment (FAS 123(R))

This excerpt taken from the CCO 8-K filed Nov 10, 2008.

FAS No. 123 (R): Share-Based Payment (“FAS 123(R)”)

The following table details non-cash compensation expense, which represents employee compensation costs related to stock option grants and restricted stock awards, for the third quarter of 2008 and 2007:

 

(In thousands)    Three Months Ended
September 30,
     2008    2007

Direct operating expense

   $ 2,456    $ 1,629

SG&A

     562      628

Corporate

     228      125
             

Total share-based payments

   $ 3,246    $ 2,382
             
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