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- Stock option accounting
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Tech companies keep arguing that giving stock options to employees does not cost the company anything. If that is true, why did Cisco take a tax deduction for the stock options which accounting for MORE than the net income for the three years ended July 31, 2001?
CISCO Years Ended July 31 2001 2000 1999 Total
Net income (loss) $ (1,014) $ 2,668 $ 2,023 $3,677
Tax benefits
from employee
stock option plans 1,397 2,495 837 $4,729
Without the tax benefits, the company would have reported a net loss for this three year period. - Posted by: jbettenh@... Posted on: 09/16/04 You are currently: a Guest | Members login | Terms of Use
Stock option accounting
jbettenh@... | 09/16/04
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