DAKT » Topics » Share-Based Payment

These excerpts taken from the DAKT 10-K filed Jun 17, 2009.
Share-Based Payment (“SFAS No. 123(R)”). We elected the modified-prospective method of adopting SFAS No. 123(R), under which prior periods are not retroactively revised. Under the fair value recognition provisions of SFAS No. 123(R), we measure stock-based compensation cost at the grant date based on the fair value of the award and recognize the compensation expense over the requisite service period, which is the vesting period. The valuation provisions of SFAS No. 123(R) apply to awards granted after the April 30, 2006 effective date. Stock-based compensation expense for awards granted prior to the effective date but that remained unvested on the effective date is being recognized over the remaining service period using the compensation cost estimated for the SFAS No. 123,
Share-Based Payment (“SFAS No. 123(R)”). We elected the modified-prospective method of adopting SFAS No. 123(R), under which prior periods are not retroactively revised. Under the fair value recognition provisions of SFAS No. 123(R), we measure stock-based compensation cost at the grant date based on the fair value of the award and recognize the compensation expense over the requisite service period, which is the vesting period. The valuation provisions of SFAS No. 123(R) apply to awards granted after the April 30, 2006 effective date. Stock-based compensation expense for awards granted prior to the effective date but that remained unvested on the effective date is being recognized over the remaining service period using the compensation cost estimated for the SFAS No. 123,
Share-Based Payment (“SFAS No. 123(R)”). We elected the modified-prospective method of adopting SFAS No. 123(R), under which prior periods
are not retroactively revised. Under the fair value recognition provisions of SFAS No. 123(R), we measure stock-based compensation cost at the grant date based on the fair value of the award and recognize the compensation expense over the requisite service period, which is the vesting period. The valuation provisions of SFAS No. 123(R) apply to awards granted after the April 30, 2006 effective date. Stock-based compensation expense for awards granted prior to the effective date but
that remained unvested on the effective date is being recognized over the remaining service period using the compensation cost estimated for the SFAS No. 123,

EXCERPTS ON THIS PAGE:

10-K (3 sections)
Jun 17, 2009
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