Share-Based Compensation (Tables)

9 Months Ended

Apr. 27, 2013

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


	Two months ended March 23, 2013			Three months ended April 28, 2012		Eight months ended March 23, 2013		Nine months ended April 28, 2012
Cost of product revenue	$	—		$	—	$	—	$	—
Cost of service revenue		—			—		—		—
Research and development		23			297		312		879
Sales and marketing		10			64		126		194
General and administrative		20			179		312		545
Discontinued operations		(165	)		411		525		1,254

Share-based compensation expense	$	(112	)	$	951	$	1,275	$	2,872

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		(10,754,044	)		3.97

Outstanding at March 23, 2013		0		$	0.00		0.00

Options vested and expected to vest		0		$	0.00		0
Options exercisable as of March 23, 2013		0		$	0.00		0