Intel Corp (INTC)

[sgolds]

DewDiligence, that is factually incorrect -

The problem is that money does change hands – and lots of it. Companies like INTC spend billions of dollars each year buying back shares in the open market to offset the dilution caused by stock- option exercises.

That is an expense like any other, and is accounted as such. It has nothing to do with the debate on expensing the option grants, it is a red herring. Administrative overhead for managing stock option grants is also expensed. Currently, everywhere real money changes hands, expenses are booked. FASB proposing adding expenses where no money changes hands, and that is bad accouting.