Recent

% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

  • xbbter xbbter Jul 15, 2002 8:19 AM Flag

    Expensing stock options

    Did anybody notice Coca-Cola's recent announcement that it would begin to expense stock options even though it's not required by GAAP, in order to provide a more accurate picture of employee compensation? Don't look for BBT to jump on that bandwagon. Their stated compensation philosophy is to pay below-market salaries, and to make that up with above-market options. EVERYBODY at BBT gets options, usually as part of the yearly bonus, so BBT would be disproportionately effected by expensing options. Yearly personnel expense runs about$650 million. I'll hazard a guess that another $100-150 million in options is issued each year. Expensing that would mean an 8-10% drop in net income. OUCH!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
BBT
38.115+0.125(+0.33%)3:07 PMEDT