XML 85 R68.htm IDEA: XBRL DOCUMENT v3.20.2
Employee Benefit Plans (Schedule of RSU Activity) (Details)
3 Months Ended 6 Months Ended
Jun. 15, 2020
shares
Jun. 28, 2020
installment
$ / shares
shares
Sep. 29, 2019
shares
Jun. 28, 2020
$ / shares
shares
Arlo | RSU, PSU, MPSU        
Number of shares        
Ending balance (in shares)     800,000  
Arlo | RSUs        
Number of shares        
Beginning balance (in shares)       7,851,000
Granted (in shares)       5,958,000
Vested (in shares)       (2,525,000)
Forfeited / Cancelled (in shares)       (1,022,000)
Ending balance (in shares)   10,262,000   10,262,000
Weighted Average Grant Date Fair Value Per Share        
Beginning Balance (in dollars per share) | $ / shares       $ 6.50
Granted (in dollars per share) | $ / shares       2.87
Vested (in dollars per share) | $ / shares       6.47
Forfeited / cancelled (in dollars per share) | $ / shares       4.67
Ending Balance (in dollars per share) | $ / shares   $ 4.58   $ 4.58
Arlo | MPSUs        
Weighted Average Grant Date Fair Value Per Share        
Vesting period       3 years
Positive movement of benchmark (multiplier)   3.3   3.3
Negative movement of benchmark (multiplier)   2.5   2.5
Positive movement of benchmark (as a percentage)   3.30%   3.30%
Negative movement of benchmark (as a percentage)   2.50%   2.50%
Movement of benchmark, increment (as a percentage)   1.00%   1.00%
Threshold (as a percentage)   30.00%   30.00%
NETGEAR | RSUs        
Number of shares        
Beginning balance (in shares)       278,000
Vested (in shares)       (111,000)
Forfeited / Cancelled (in shares)       (20,000)
Ending balance (in shares)   147,000   147,000
Weighted Average Grant Date Fair Value Per Share        
Beginning Balance (in dollars per share) | $ / shares       $ 36.14
Vested (in dollars per share) | $ / shares       34.55
Forfeited / cancelled (in dollars per share) | $ / shares       36.27
Ending Balance (in dollars per share) | $ / shares   $ 37.33   $ 37.33
Maximum | 2018 Plan        
Weighted Average Grant Date Fair Value Per Share        
Vesting period       4 years
Maximum | Arlo | MPSUs        
Weighted Average Grant Date Fair Value Per Share        
Threshold (as a percentage)   200.00%   200.00%
Executive Officer | RSUs | 2018 Plan        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants   50.00%    
Number of annual vesting installments | installment   3    
Executive Officer | PSUs        
Number of shares        
Forfeited / Cancelled (in shares)       (200,000)
Executive Officer | PSUs | 2018 Plan        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants   25.00%    
Number of annual vesting installments | installment   3    
Executive Officer | MPSUs | 2018 Plan        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants   25.00%    
Executive Officer | Arlo | RSUs        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants     50.00%  
Stock awards, annual vesting installments (as a percentage)   50.00%    
Executive Officer | Arlo | PSUs        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants     25.00%  
Stock awards, annual vesting installments (as a percentage)   25.00%    
Executive Officer | Arlo | MPSUs        
Weighted Average Grant Date Fair Value Per Share        
Percentage of total grants     25.00%  
Stock awards, annual vesting installments (as a percentage)   25.00%    
Chief Financial Officer | RSUs        
Number of shares        
Forfeited / Cancelled (in shares) (7,000)      
Chief Financial Officer | MPSUs        
Number of shares        
Forfeited / Cancelled (in shares) (54,000)      
Chief Financial Officer | Arlo | RSUs        
Number of shares        
Vested (in shares)       (43,000)
Chief Financial Officer | NETGEAR | RSUs        
Number of shares        
Vested (in shares)       (15,000)