Share-Based Compensation (Tables)

6 Months Ended

Jan. 26, 2013

The following table presents share-based compensation expense included in the Company’s consolidated statements of operations (in thousands):


	Three Months Ended				Six Months Ended
	January 26, 2013		January 28, 2012		January 26, 2013		January 28, 2012
Cost of product revenue	$	17	$	44	$	49	$	78
Cost of service revenue		96		116		192		233
Research and development		124		381		454		764
Sales and marketing		150		182		315		392
General and administrative		160		224		377		454

Share-based compensation expense	$	547	$	947	$	1,387	$	1,921

Stock option activity under all of the Company’s stock plans since July 31, 2012 is summarized as follows:


	Number of Shares			Weighted Average Exercise Price		Weighted Average Contractual Term (Years)
Outstanding at July 31, 2012		10,756,844		$	3.97		6.03
Options granted		—
Options exercised		(2,800	)		13.22
Options cancelled		(821,664	)		6.20

Outstanding at January 26, 2013		9,932,380		$	3.79		3.08


Options vested and expected to vest		9,889,472		$	3.79		3.07
Options exercisable as of January 26, 2013		8,078,425		$	3.77		2.90