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The following table summarizes stock option activity as of July 30, 2017: Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (In years) Aggregate Intrinsic
The following table summarizes stock option activity as of July 30, 2017: Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (In years) Aggregate Intrinsic Value Options (Options in thousands) 681 $ 489 $ (33) $ (95) $ 1,042 $ 194 $ Outstanding at July 31, 2016. Granted Exercised Terminated. Outstanding at July 30, 2017. Exercisable at July 30, 2017 50.21 54.65 50.21 52.49 52.08 50.21 8.6 $ 8.2 $ The total intrinsic value of options exercised during 2017 was not material. During 2016 and 2015, the total intrinsic value of options exercised was $2 and $5, respectively. We measure the fair value of stock options using the Black-Scholes option pricing model. The expected term of options granted was based on the weighted average time of vesting and the end of the contractual term. We utilized this simplified method as we do not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. f. Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.) The following table summarizes stock option activity as of July 30, 2017: Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (In years) Aggregate Intrinsic Value Options (Options in thousands) 681 $ 489 $ (33) $ (95) $ 1,042 $ 194 $ Outstanding at July 31, 2016. Granted Exercised Terminated. Outstanding at July 30, 2017. Exercisable at July 30, 2017 50.21 54.65 50.21 52.49 52.08 50.21 8.6 $ 8.2 $ The total intrinsic value of options exercised during 2017 was not material. During 2016 and 2015, the total intrinsic value of options exercised was $2 and $5, respectively. We measure the fair value of stock options using the Black-Scholes option pricing model. The expected term of options granted was based on the weighted average time of vesting and the end of the contractual term. We utilized this simplified method as we do not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. f. Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.)
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