Quantum Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2012

Disclosure Of Compensation Related Costs Sharebased Payments Abstract

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes share-based compensation (in thousands):

	Three Months Ended
	June 30, 2012		June 30, 2011
Share-based compensation:
Cost of revenue	$	571	$	455
Research and development		900		640
Sales and marketing		1,084		719
General and administrative		1,732		1,203
	$	4,287	$	3,017

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The following table summarizes share-based compensation (in thousands):

	Three Months Ended
	June 30, 2012		June 30, 2011
Share-based compensation by type of award:
Stock options	$	959	$	953
Restricted stock		2,753		1,697
Stock purchase plan		575		367
	$	4,287	$	3,017

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The weighted-average grant date fair values of employee stock option grants, as well as the weighted-average assumptions used in calculating these values for the first quarter of fiscal 2012 were based on estimates at the date of grant as follows:

	Three Months Ended
	June 30, 2012	June 30, 2011
Option life (in years)	N/A		4.0
Risk-free interest rate	N/A		1.57%
Stock price volatility	N/A		112.33%
Weighted-average grant date fair value	N/A	$	1.91

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of activity relating to our stock options follows (options and aggregate intrinsic value in thousands):

	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding as of March 31, 2012	19,394		$	2.32
Exercised	(176	)		0.99
Forfeited	(71	)		1.17
Expired	(840	)		5.28
Outstanding as of June 30, 2012	18,307		$	2.20	2.56	$	6,412
Vested and expected to vest at June 30, 2012	18,204		$	2.20	2.54	$	6,405
Exercisable as of June 30, 2012	15,401		$	2.32	2.14	$	4,476

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of activity relating to our restricted stock follows (shares in thousands):

	Shares		Weighted-Average Grant Date Fair Value
Nonvested at March 31, 2012	8,861		$	2.75
Granted	353			2.20
Vested	(501	)		2.58
Forfeited	(138	)		2.22
Nonvested at June 30, 2012	8,575		$	2.75

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References + Details

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References + Details