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8-K
SUNEDISON, INC. filed this Form 8-K on 09/09/2013
Entire Document
 


The following table presents information regarding outstanding restricted stock units allocated to us as of June 30, 2013 and changes during the six months then ended:

 

(unaudited)    Restricted Stock
Units
     Aggregate Intrinsic
Value (in millions)
     Weighted-
Average Remaining
Contractual Life
 

Beginning of 2013

         1,390,360          

Granted

     60,200          

Converted

     (301,130)         

Forfeited

     (43,012)         
  

 

 

       

June 30, 2013

     1,106,418        $                 9.0                            2    
  

 

 

       

As of December 31, 2012, there were no restricted stock units which were convertible. As of December 31, 2012, $5.1 million of total unrecognized compensation cost related to restricted stock units was expected to be recognized over a weighted-average period of approximately 2 years. The weighted-average fair value of restricted stock units on the date of grant was $3.53, $11.37 and $4.09 for the years ended December 31, 2012 and 2011 and for the six months ended June 30, 2013, respectively.

The amount of stock-based compensation cost capitalized into inventory and fixed assets was not material for the years ended December 31, 2012 and 2011 and for the six months ended June 30, 2013 and 2012. Further, the recognition of excess tax benefits from share-based payment arrangements was not material for the years ended December 31, 2012 and 2011 and for the six months ended June 30, 2013 and 2012.

Stock-based compensation expense recorded for the years ended December 31, 2012 and 2011 and for the six months ended June 30, 2013 and 2012 was allocated as follows:

 

     For the Year Ended December 31,      For the Six Months Ended June 30,  
     2012      2011      2013      2012  
                   (unaudited)  

In millions

           

Cost of goods sold

   $ 4.8        $ 4.2        $ 1.7        $ 2.1    

Marketing and administration

     6.2          13.4          3.8          2.7    

Research and development

     2.0          2.9          1.0          1.0    
  

 

 

    

 

 

    

 

 

    

 

 

 
Stock-based employee compensation    $               13.0        $               20.5        $                 6.5        $                 5.8    
  

 

 

    

 

 

    

 

 

    

 

 

 

8. ACCUMULATED OTHER COMPREHENSIVE LOSS

Comprehensive income (loss) represents a measure of all changes in equity that result from recognized transactions and other economic events other than transactions with owners in their capacity as owners. Other comprehensive income (loss) from the company includes foreign currency translations, gains / (losses) on available-for-sale securities and pension adjustments.

 

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