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These excerpts taken from the ECLP 10-K filed Feb 24, 2009. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally four to five years. The grant date fair value per share of non-vested restricted stock, which is the stock price on the grant date, is expensed on a straight-line basis over the period during which the restrictions lapse. The shares represented by restricted stock awards are considered outstanding at the grant date, as the recipients are entitled to dividends and voting rights. A summary of restricted stock award activity for the period is presented below:
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Table of ContentsCompensation expense recorded for stock-based awards of restricted stock was $5.3 million, $2.3 million, and $2.6 million, for the years ended December 31, 2008, 2007 and 2006, respectively. As of December 31, 2008, $11.9 million of total unrecognized compensation costs related to non-vested restricted awards is expected to be recognized over a weighted average period of 2.54 years. The fair value of shares vested in each of the years ended December 31, 2008, 2007 and 2006 was $3.2 million, $2.7 million and $6.0 million, respectively. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally four to five years. The grant date fair value per share of non-vested restricted stock, which is the stock price on the grant date, is expensed on a straight-line basis over the period during which the restrictions lapse. The shares represented by restricted stock awards are considered outstanding at the grant date, as the recipients are entitled to dividends and voting rights. A summary of restricted stock award activity for the period is presented below:
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Table of ContentsCompensation expense recorded for stock-based awards of restricted stock was $5.3 million, $2.3 million, and $2.6 million, for the years ended December 31, 2008, 2007 and 2006, respectively. As of December 31, 2008, $11.9 million of total unrecognized compensation costs related to non-vested restricted awards is expected to be recognized over a weighted average period of 2.54 years. The fair value of shares vested in each of the years ended December 31, 2008, 2007 and 2006 was $3.2 million, $2.7 million and $6.0 million, respectively. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally
77 Table of ContentsCompensation expense recorded for stock-based awards of restricted stock was $5.3 million, $2.3 million, and $2.6 As of December 31, 2008, $11.9 million of total unrecognized Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally
77 Table of ContentsCompensation expense recorded for stock-based awards of restricted stock was $5.3 million, $2.3 million, and $2.6 As of December 31, 2008, $11.9 million of total unrecognized This excerpt taken from the ECLP 10-Q filed Nov 10, 2008. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally four to five years. The grant date fair value per share of non-vested restricted stock, which is the stock price on the grant date, is expensed on a straight-line basis over the period during which the restrictions lapse. The shares represented by restricted stock awards are considered outstanding at the grant date, as the recipients are entitled to dividends and voting rights. A summary of restricted stock award activity for the period is presented below:
As of September 30, 2008, $9.6 million of total unrecognized compensation costs related to non-vested stock awards is expected to be recognized over a weighted average period of 2.3 years.
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Table of ContentsECLIPSYS CORPORATION NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) This excerpt taken from the ECLP 10-Q filed Aug 7, 2008. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted by the Company. The restrictions lapse on a pro rata basis over a specified period of time, generally four to five years. The grant date fair value per share of non-vested restricted stock, which is the stock price on the grant date, is expensed on a straight-line basis over the period during which the restrictions lapse. The shares represented by restricted stock awards are considered outstanding at the grant date, as the recipients are entitled to dividends and voting rights. A summary of restricted stock award activity for the period is presented below:
As of June 30, 2008, $12.4 million of total unrecognized compensation costs related to non-vested stock awards is expected to be recognized over a weighted average period of 2.7 years. This excerpt taken from the ECLP 10-Q filed May 12, 2008. Non-Vested Restricted Stock Non-vested restricted stock is sometimes granted under the plans. The restrictions lapse on a pro rata basis over a specified period of time, generally four to five years. The grant date fair value per share of non-vested restricted stock, which is the stock price on the grant date, is expensed on a straight-line basis over the period during which the restrictions lapse. The shares represented by restricted
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Table of ContentsECLIPSYS CORPORATION NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Dollars in Thousands, Except Share and Per Share Amounts and as Otherwise Indicated) (Unaudited)
stock awards are considered outstanding at the grant date, as the recipients are entitled to dividends and voting rights. A summary of restricted stock award activity under the plans is presented below:
As of March 31, 2008, $13.2 million of total unrecognized compensation costs related to non-vested stock awards is expected to be recognized over a weighted average period of 2.9 years. This excerpt taken from the ECLP 10-K filed Feb 29, 2008. Non-Vested Restricted Stock From time to time the Company has issued non-vested restricted stock grants to members of senior management. The Company issued 150,000 and 100,000 shares in 2007 and 2006, respectively. Generally, restricted stock grants vest over a five-year period. Non-vested restricted stock award activity for the year ended December 31, 2007 is summarized as follows:
Compensation expense for non-vested restricted common stock issued at discounted prices is recognized over the vesting period for the difference between the purchase price and the fair market value on the measurement date. Compensation expense recorded for stock-based awards of restricted stock was $2.3 million, $2.6 million, and $2.4 million, for the years ended December 31, 2007, 2006 and 2005, respectively. As of December 31, 2007, $6.1 million of total unrecognized compensation costs related to non-vested restricted awards is expected to be recognized over a weighted average period of 3.19 years. The fair value of shares vested in each of the years ended December 31, 2007, 2006 and 2005 was $2.7 million, $6.0 million and $0.8 million, respectively. | EXCERPTS ON THIS PAGE:
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