Share-Based Compensation (Tables)

3 Months Ended

Mar. 29, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary Of Share-Based Compensation Expense

Total share-based compensation expense related to the Company's employee stock options, restricted stock units, stock grant awards and ESPP for the three months ended March 29, 2013 and March 30, 2012 were comprised as follows (in millions):

	Quarter Ended
	March 29, 2013		March 30, 2012
Cost of revenues	$	1.1	$	1.4
Research and development	1.4		1.6
Selling and marketing	1.1		1.6
General and administrative	2.2		2.8
Share-based compensation expense before income taxes	$	5.8	$	7.4
Related income tax benefits (1)	—		—
Share-based compensation expense, net of taxes	$	5.8	$	7.4

____________________

⁽¹⁾  A majority of the Company’s share-based compensation relates to its domestic subsidiaries, which have historically experienced recurring net operating losses; therefore, no related deferred income tax benefits are recorded.

Weighted-Average Assumptions Of Employee Stock Options

The weighted-average estimated fair value of employee stock options and the weighted average assumptions used in the lattice model to calculate the weighted-average estimated fair value of employee stock options granted during the three months ended March 29, 2013 and March 30, 2012 are as follows (annualized percentages):

	Quarter Ended
	March 29, 2013			March 30, 2012
Volatility	45.0		%	46.7		%
Risk-free interest rate	0.8		%	0.9		%
Expected term (in years)	5.1			4.8
Weighted-average fair value per share	$	3.10		$	3.41

Schedule of Share-based Compensation, Stock Options, Activity

summary of stock option transactions follows (in millions except per share and term data):

	Quarter Ended March 29, 2013
	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (In-The-Money)
Outstanding at December 31, 2012	17.2		$	7.70
Granted	—		—
Exercised	(0.8	)	5.15
Canceled	(0.4	)	8.33
Outstanding at March 29, 2013	16.0		$	7.80	4.0	$	18.0
Exercisable at March 29, 2013	12.5		$	7.91	3.5	$	14.3

Additional Information On Stock Options Outstanding

dditional information about stock options outstanding at March 29, 2013 with exercise prices less than or above $8.28 per share, the effective closing price of the Company's common stock at March 29, 2013, follows (number of shares in millions):

	Exercisable			Unexercisable			Total
Exercise Prices	Number of Shares	Weighted Average Exercise Price		Number of Shares	Weighted Average Exercise Price		Number of Shares	Weighted Average Exercise Price
Less than $8.28	6.9	$	6.21	2.4	$	6.75	9.3	$	6.35
Above $8.28	5.6	$	10.03	1.1	$	8.78	6.7	$	9.82
Total outstanding	12.5	$	7.91	3.5	$	7.39	16.0	$	7.80

Summary Of Restricted Stock Units Transactions

estricted stock units vest over one to three years with service-based requirements or performance-based requirements and are payable in shares of the Company's common stock upon vesting. The following table presents a summary of the status of the Company's restricted stock units granted to certain officers and employees of the Company as of March 29, 2013, and changes during the three months ended March 29, 2013 (number of shares in millions):

	Quarter Ended March 29, 2013
	Number of Shares		Weighted Average Grant Date Fair Value
Nonvested shares of restricted stock units at December 31, 2012	8.9		$	8.75
Granted	3.8		8.18
Released	(1.0	)	8.47
Forfeited	(0.6	)	8.30
Nonvested shares of restricted stock units at March 29, 2013	11.1		$	8.60