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Krispy Kreme Doughnuts, Inc. Message Board

  • di_vur_se_fi di_vur_se_fi Feb 1, 2002 2:50 AM Flag

    FY2001 Option Kompensation

    KKD's FY2001 income before income taxes: $23.8 million

    Fair market value of options granted in FY2001: $21.5 million.

    In other words, management's FY2001 option kompensation NEARLY MATCHED THE ENTIRE PRE-TAX PROFIT.

    Note: The options are worth much more now given the dramatic appreciation of the stock price (my estimate: $40 - $60 million).

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