Stock-Based Compensation

9 Months Ended

Oct. 02, 2011

Stock-Based Compensation

Stock-Based Compensation

Note 10. Stock-Based Compensation

A summary of stock-based compensation expense related to director and employee stock options, Restricted Stock Units ("RSU") and Performance Stock Units ("PSU") for the three and nine months ended October 2, 2011 is as follows (in thousands):

	Three Months Ended October 2, 2011		Nine Months Ended October 2, 2011
Cost of revenue	$	63	$	189
Selling, general and administrative		2,747		6,976
Total	$	2,810	$	7,165

For the three and nine months ended October 2, 2011, we granted 26,100 and 866,888 options, respectively, to employees with an average fair value of $3.62 and $4.10 per option, respectively, which will vest annually in substantially equal quantities over three to four years from the date of grant. For the nine months ended October 2, 2011, we granted 142,864 options to our directors with a fair value of $4.48 per option, which will vest quarterly over one year from the quarter they are granted.