Financial report context:
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value .

Financial table:
share awards: non-vested at may 31 2007; weighted average grant-date fair value: 278; column_3: $ 37
share awards: granted; weighted average grant-date fair value: 400; column_3: 38
share awards: vested; weighted average grant-date fair value: -136 ( 136 ); column_3: 30
share awards: forfeited; weighted average grant-date fair value: -24 ( 24 ); column_3: 40
share awards: non-vested at may 31 2008; weighted average grant-date fair value: 518; column_3: 39
share awards: granted; weighted average grant-date fair value: 430; column_3: 43
share awards: vested; weighted average grant-date fair value: -159 ( 159 ); column_3: 39
share awards: forfeited; weighted average grant-date fair value: -27 ( 27 ); column_3: 41
share awards: non-vested at may 31 2009; weighted average grant-date fair value: 762; column_3: 42

Additional report context:
the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively . the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively . we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 . as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years . employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized . employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock . the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period . as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance . the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively . these values represent the fair value of the 15% ( 15 % ) discount . note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure . we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion . beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer . the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .

Question: what is the total value of non-vested shares as of may 31 , 2009 , ( in millions ) ?
Answer: 32.0