The following summarizes the intrinsic value, as of February 28, 2013, of the Company’s outstanding, exercisable and expected to vest stock options:
|
Intrinsic Value of Stock Options |
Number
of Stock Options |
Weighted
Average Remaining Contractual Life |
Intrinsic Value at February 28, 2013 (in thousands) |
|||||||||
|
Outstanding |
452,687 | 3.6 | $ | 11,527,364 | ||||||||
|
Exercisable |
228,934 | 2.0 | $ | 8,010,217 | ||||||||
|
Expected to vest (assuming annual forfeiture rate of 10%) |
203,026 | 5.2 | $ | 3,641,216 | ||||||||