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GWW » Topics » NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

This excerpt taken from the GWW 10-Q filed May 2, 2006.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

Cash received from options exercised in the three months ended March 31, 2006 and 2005 was $25.3 million and $13.6 million, respectively. The actual tax benefits realized for the tax deductions from options exercised totaled $5.7 million and $2.8 million for three months ended March 31, 2006 and 2005, respectively. The total intrinsic value of options exercised was $7.6 million and $4.2 million for the three months ended March 31, 2006 and 2005, respectively.

 

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