XML 37 R39.htm IDEA: XBRL DOCUMENT v3.19.3
Stock-Based Compensation and Stock Plans (Tables)
3 Months Ended
Sep. 28, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of impact on results of operations of recording stock-based compensation by function
The impact on our results of operations of recording stock-based compensation by function for the three months ended September 28, 2019 and September 29, 2018 was as follows (in millions):

Three Months Ended

September 28, 2019

September 29, 2018
Cost of sales
$
4.2


$
3.3

Research and development
3.8


2.8

Selling, general and administrative
8.7

 
4.7

Total stock-based compensation
$
16.7

 
$
10.8


Schedule of income tax benefit associated with stock-based compensation
Total income tax benefit associated with stock-based compensation recognized in our consolidated statements of operations during the years presented was as follows (in millions):
 
Three Months Ended
 
September 28, 2019
 
September 29, 2018
Income tax benefit associated with stock-based compensation
$
2.8

 
$
2.9


Summary of awards activity
The following table summarizes our awards activity for the three months ended September 28, 2019 (in millions, except per share amounts):
 
Stock Options
 
Restricted Stock Units
 
Restricted Stock Awards
 
Performance Stock Units
 
Number of Shares
 
Weighted-Average Exercise Price per Share
 
Number of Shares
 
Weighted-Average Grant Date Fair Value per Share
 
Number of Shares
 
Weighted-Average Grant Date Fair Value per Share
 
Number of Shares
 
Weighted-Average Grant Date Fair Value per Share
Balance as of June 29, 2019

 
$
38.8

 
2.2

 
$
52.4

 

 
$
32.5

 
0.2

 
$
56.0

Granted

 

 
0.9

 
58.5

 

 

 
0.2

 
58.7

Vested/Exercised

 
31.5

 
(0.5
)
 
54.3

 

 
32.5

 
(0.1
)
 
56.4

Canceled

 
29.4

 
(0.1
)
 
51.8

 

 

 

 
57.3

Balance as of September 28, 2019

 
$
41.3

 
2.5

 
$
54.4

 

 
$

 
0.3

 
$
57.3


Summary of awards available for grant
A summary of awards available for grant is as follows (in millions):
 
Awards Available for Grant
Balance as of June 29, 2019
4.7

Granted
(1.1
)
Canceled
0.1

Balance as of September 28, 2019
3.7


Schedule of assumptions used to estimate fair value During each of the three months ended September 28, 2019 and September 29, 2018, the assumptions used to estimate the fair value of the 2015 Purchase Plan shares to be issued were as follows:
 
September 28, 2019
 
September 29, 2018
Expected term (years)
0.5

 
0.5

Expected volatility
60.1
%
 
58.8
%
Risk-free interest rate
2.47
%
 
2.02
%
Dividend yield
%
 
%