Financial Accounting Blog

Monday, June 07, 2004

Stock Options. JDSU says that 2004 stock options worth 18% of it's revenues! The article notes that the accountants may reduce the reported expense this if they deem the volatility of the stock can be considered lower.
Technology company JDS Uniphase Corp. said on Tuesday it awarded 47 million stock options to employees in its current fiscal year, which if expensed would be equivalent to around 18 percent of its annual revenue.