TRLG » Topics » Accounting for Stock-Based Compensation

These excerpts taken from the TRLG 10-K filed May 1, 2008.

Accounting for Stock-Based Compensation

        The Company accounts for stock-based payments, including stock options, in accordance with the requirements of SFAS No. 123R. "Share-Based Payment" (SFAS No. 123R). Under this accounting pronouncement, we must value all stock-based compensation granted to employees and directors under the fair value method and expense those amounts in the income statement over the award's vesting period.

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Executive Officer Compensation

        The following table provides certain summary information concerning the compensation earned by our chief executive officer, chief financial officer, and other executive officers in fiscal 2007. We refer to theses officers as the Named Executive Officers.

Accounting for Stock-Based Compensation





        The Company accounts for stock-based payments, including stock options, in accordance with the requirements of SFAS No. 123R.
"
Share-Based Payment" (SFAS No. 123R). Under this accounting pronouncement, we must value all stock-based compensation granted to employees and
directors under the fair value method and expense those amounts in the income statement over the award's vesting period.



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Executive Officer Compensation



        The following table provides certain summary information concerning the compensation earned by our chief executive officer, chief financial officer, and other
executive officers in fiscal 2007. We refer to theses officers as the Named Executive Officers.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
May 1, 2008
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