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Stockholders' Equity (Tables)
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9 Months Ended |
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Jan. 27, 2012
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| Stockholders' Equity [Abstract] |
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| Combined Activity Under Stock Option Plans And Agreements |
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Number of Shares |
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Weighted- Average Exercise Price |
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Weighted- Average Remaining Contractual Term (Years) |
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Aggregate Intrinsic Value |
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Outstanding at April 29, 2011 |
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24.5 |
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$ |
26.62 |
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Options granted |
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2.1 |
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51.36 |
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Options exercised |
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(3.0 |
) |
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20.98 |
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Options forfeitures and cancellations |
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(0.7 |
) |
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35.96 |
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Outstanding at January 27, 2012 |
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22.9 |
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29.28 |
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3.91 |
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$ |
239.6 |
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Options vested and expected to vest as of January 27, 2012 |
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22.1 |
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28.86 |
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3.86 |
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236.7 |
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Exercisable at January 27, 2012 |
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15.1 |
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25.64 |
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3.25 |
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188.9 |
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| Additional Information Related To Stock Options |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Weighted-average fair value per share granted |
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$ |
13.26 |
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$ |
18.79 |
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$ |
16.88 |
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$ |
15.72 |
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Weighted-average fair value per share of options assumed in acquisition |
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N/A |
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N/A |
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N/A |
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$ |
21.15 |
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Intrinsic value of options exercised |
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$ |
21.0 |
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$ |
79.4 |
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$ |
71.6 |
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$ |
294.0 |
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Proceeds received from the exercise of stock options |
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$ |
19.5 |
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$ |
53.9 |
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$ |
62.2 |
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$ |
278.8 |
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Fair value of options vested |
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$ |
18.1 |
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$ |
23.1 |
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$ |
56.8 |
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$ |
77.5 |
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| Activity Related To Restricted Stock Units (RSUs) |
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Number of Shares |
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Weighted- Average Grant Date Fair Value |
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Outstanding at April 29, 2011 |
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10.1 |
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$ |
35.79 |
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RSUs granted |
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5.3 |
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48.84 |
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RSUs vested |
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(3.1 |
) |
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29.92 |
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RSUs forfeitures and cancellations |
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(0.7 |
) |
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39.90 |
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Outstanding at January 27, 2012 |
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11.6 |
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43.10 |
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| Number And Value Of The Shares Netted For Employee Taxes |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Shares withheld for taxes |
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0.4 |
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0.3 |
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1.0 |
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0.8 |
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Fair value of shares withheld and retired |
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$ |
16.4 |
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$ |
15.9 |
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$ |
44.2 |
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$ |
35.5 |
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| Schedule Of Employee Stock Purchase Plan (ESPP) Disclosures |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Weighted-average fair value per right granted |
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$ |
12.93 |
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$ |
16.54 |
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$ |
13.34 |
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$ |
15.35 |
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Shares issued under the ESPP |
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1.5 |
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3.2 |
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2.6 |
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6.0 |
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Weighted-average price per share issued |
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$ |
31.03 |
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$ |
11.87 |
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$ |
34.53 |
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$ |
11.50 |
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| Stock-Based Compensation Expense |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Cost of product revenues |
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$ |
1.6 |
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$ |
1.0 |
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$ |
4.1 |
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$ |
2.7 |
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Cost of service revenues |
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5.7 |
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3.6 |
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13.8 |
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10.6 |
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Sales and marketing |
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37.5 |
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21.3 |
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96.5 |
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59.2 |
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Research and development |
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22.8 |
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11.3 |
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57.0 |
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31.6 |
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General and administrative |
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9.1 |
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7.8 |
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26.4 |
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22.9 |
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Total stock-based compensation expense |
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$ |
76.7 |
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$ |
45.0 |
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$ |
197.8 |
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$ |
127.0 |
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| Stock-Based Compensation Expense Associated With Each Type Of Award |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Employee stock options |
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$ |
13.8 |
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$ |
13.8 |
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$ |
43.0 |
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$ |
39.7 |
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RSUs and restricted stock awards |
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42.1 |
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23.9 |
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115.4 |
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61.7 |
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ESPP |
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20.8 |
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7.3 |
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39.4 |
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25.6 |
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Total stock-based compensation expense |
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$ |
76.7 |
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$ |
45.0 |
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$ |
197.8 |
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$ |
127.0 |
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| Income Tax Benefits Associated With Employee Stock Transactions |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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Income tax benefits associated with employee stock transactions |
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$ |
74.7 |
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$ |
74.9 |
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| Valuation Assumptions |
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| Contracts' Value Allocated To Cost Of Shares Repurchased And To The Value Of The ASR Forward Contracts |
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Shares of Common Stock |
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Additional Paid-in Capital |
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Retained Earnings |
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Total Repurchase Activity |
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Repurchase and retirement of common stock |
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(14.6 |
) |
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$ |
(125.8 |
) |
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$ |
(474.1 |
) |
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$ |
(599.9 |
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Value of ASR forward contracts |
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(0.1 |
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(0.1 |
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Total cash payment |
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|
(14.6 |
) |
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$ |
(125.9 |
) |
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$ |
(474.1 |
) |
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$ |
(600.0 |
) |
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| Components Of Accumulated Other Comprehensive Income, Net Of Related Immaterial Tax Effects |
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January 27, 2012 |
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April 29, 2011 |
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Accumulated translation adjustments |
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$ |
4.2 |
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$ |
11.6 |
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Accumulated unrealized gains on available-for-sale investments |
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1.5 |
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3.4 |
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Accumulated unrealized gains (losses) on derivatives qualifying as cash flow hedges |
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1.9 |
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(2.2 |
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Accumulated defined benefit obligation adjustments |
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(3.0 |
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0.0 |
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Total accumulated other comprehensive income |
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$ |
4.6 |
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$ |
12.8 |
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| Components Of Comprehensive Income, Net Of Related Immaterial Tax Effects |
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Three Months Ended |
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Nine Months Ended |
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January 27, 2012 |
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January 28, 2011 |
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January 27, 2012 |
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January 28, 2011 |
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Net income |
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$ |
119.6 |
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$ |
186.4 |
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$ |
424.7 |
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$ |
512.5 |
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Change in currency translation adjustments |
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(4.3 |
) |
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0.4 |
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(7.4 |
) |
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4.7 |
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Change in unrealized gains (losses) on available-for-sale investments |
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3.5 |
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(6.4 |
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(1.9 |
) |
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(0.1 |
) |
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Change in unrealized gains (losses) on derivatives qualifying as cash flow hedges |
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1.4 |
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2.2 |
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4.1 |
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(0.2 |
) |
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Change in defined benefit obligation adjustments |
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(3.0 |
) |
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0.0 |
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(3.0 |
) |
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0.0 |
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Comprehensive income |
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$ |
117.2 |
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$ |
182.6 |
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$ |
416.5 |
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$ |
516.9 |
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