The company also provides Ethernet media access controllers that offer addressing and channel control mechanisms and are used in enterprise class modular Ethernet switch platforms, as well as in Ethernet-over-SONET/SDH and Ethernet-over-OTN systems used in access, metro, and long-haul carrier networking systems; Ethernet transceivers, including single, quad, and octal devices that allow the transmission of 10/100/1000 BASE-T data over category 5 copper cable and fiber optic cabling for use in personal computers, home electronics, and LAN applications; and Ethernet transceivers with packet timing and synchronization capabilities.In addition, it provides a line of connectivity products, which comprise mixed-signal physical media devices, physical layer devices, crosspoint switches, and signal integrity devices that are used for the connection of systems via optical fiber, copper cable, or backplanes.
(In this instance, intrinsic value is defined as the difference between the grant price and the market price of the stock, which at the time of grant would be equal).
So, while the practice of not recording any costs for stock options began long ago, the number being handed out was so small that a lot of people ignored it.
Vitesse agreed to pay $3.0M to the SEC, which concluded the SEC's investigation of Vitesse.
In the June 2014 offering, Vitesse's largest shareholder, Raging Capital Management LLC, purchased an additional 1.6 million shares.
In their statement along with the resolution, the FASB will allow for any valuation method, so long as it incorporates the key variables that make up the most commonly used methods, such as Black Scholes and binomial.