The following table summarizes information concerning options outstanding for the combined option plans at December 31, 1999:
Options Outstanding Options Exercisable
----------------------------------------------------- ----------------------------------
Weighted Average
Remaining Weighted Weighted
Contractual Average Average
Range of Exercise Number Life Exercise Number Exercise
Prices Outstanding (years) Price per share Exercisable Price per share
--------------------- ----------- ---------------- ---------------- --------------- ----------------
$ 0.02 - $ 3.53 4,926,464 7.02 $ 2.11 2,890,980 $ 2.65
$ 3.57 - $ 6.25 3,625,274 6.62 4.11 2,792,114 4.12
$ 6.35 - $ 14.05 4,902,522 8.11 8.21 2,059,532 8.02
$ 15.99 - $ 23.97 5,301,900 9.10 17.37 0 0.00
$ 32.21 - $ 53.07 4,073,608 9.93 51.21 0 0.00
----------- --------------
$ 0.02 - $ 53.07 22,829,768 8.19 16.04 7,742,626 4.61
Options ESPP
------------------------------- ------------------------------
1999 1998 1997 1999 1998 1997
---- ---- ---- ---- ---- ----
Expected life (years) 3.4 3.4 2.6 1.4 1.5 1.4
Expected volatility 0.7 0.7 0.7 0.7 0.7 0.8
Risk-free interest rate 5.4% 5.2% 6.0% 5.2% 5.2% 5.9%
If the computed fair values of 1999, 1998 and 1997 awards had been amortized to expense over the vesting period of the awards as prescribed by SFAS 123, net income (loss) and net
income (loss) per share would have been:
(in thousands except per share amounts):
1999 1998 1997
------- -------- --------
Net income (loss) $64,699 $(17,500) $29,654
Basic net income (loss) per share 0.47 (0.13) 0.24
Diluted net income (loss) per share 0.43 (0.13) 0.23 |
