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This excerpt taken from the SMG DEF 14A filed Dec 20, 2007. Footnote
to Column (j) of Grants of Plan-Based Awards
Table
Column (j) amounts reflect the grant date fair value,
computed in accordance with SFAS 123(R), for the NSO grants
and restricted stock grants identified in this table. The
methodology used to adjust the number of common shares subject
to NSOs outstanding at the time of the Special Dividend, as well
as the exercise price of such NSOs, resulted in a fair value for
the adjusted awards post-dividend equal to that of the
unadjusted awards pre-dividend, with the result that there was
no additional compensation expense in accordance with the
accounting for modifications to awards under SFAS 123(R).
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