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Stockholders' Equity (Tables)
3 Months Ended
Mar. 29, 2019
Stockholders Equity Note [Abstract]  
Schedule of Compensation Cost

The cost that has been charged against income for stock-based compensation is set forth below (in thousands):

 

 

 

Three Months Ended

 

 

 

March 29,

2019

 

 

March 30,

2018

 

Employee stock option

 

$

1,430

 

 

$

619

 

Restricted stock

 

 

82

 

 

 

51

 

Restricted stock units

 

 

1,104

 

 

 

598

 

Nonemployee stock options

 

 

25

 

 

 

33

 

Total stock-based compensation expense

 

$

2,641

 

 

$

1,301

 

 

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The Company recorded stock-based compensation costs in the following categories (in thousands):

 

 

 

Three Months Ended

 

 

 

March 29,

2019

 

 

March 30,

2018

 

Cost of sales

 

$

14

 

 

$

3

 

General and administrative

 

 

778

 

 

 

519

 

Marketing and selling

 

 

1,171

 

 

 

460

 

Research and development

 

 

678

 

 

 

319

 

Total stock-based compensation expense, net

 

 

2,641

 

 

 

1,301

 

Amounts capitalized as part of inventory

 

 

189

 

 

 

122

 

Total stock-based compensation expense, gross

 

$

2,830

 

 

$

1,423

 

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The risk-free rate is based on the U.S. Treasury yield curve corresponding to the expected term at the time of the grant.

 

 

 

Three Months Ended

 

 

 

March 29,

2019

 

 

March 30,

2018

 

Expected dividend yield

 

 

0

%

 

 

0

%

Expected volatility

 

 

53

%

 

 

53

%

Risk-free interest rate

 

 

2.43

%

 

 

2.61

%

Expected term (in years)

 

 

5.67

 

 

 

5.72

 

 

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity under the Plan for the three months ended March 29, 2019 is presented below:

 

 

 

Stock

Options

(in 000’s)

 

 

Minimum

Exercise

Price

 

 

Maximum

Exercise

Price

 

Outstanding at December 28, 2018

 

 

3,920

 

 

 

 

 

 

 

 

 

Granted

 

 

749

 

 

 

 

 

 

 

 

 

Exercised

 

 

(74

)

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

(1

)

 

 

 

 

 

 

 

 

Outstanding at March 29, 2019

 

 

4,594

 

 

$

1.92

 

 

$

43.84

 

Exercisable at March 29, 2019

 

 

2,839

 

 

 

 

 

 

 

 

 

 

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

A summary of restricted stock and RSU activity under the Plan for the three months ended March 29, 2019 is presented below:

 

 

 

Restricted

Stock

(in 000’s)

 

 

Restricted

Stock

Units

(in 000’s)

 

Unvested at December 28, 2018

 

 

11

 

 

 

322

 

Granted

 

 

 

 

 

19

 

Vested

 

 

 

 

 

(178

)

Forfeited or expired

 

 

 

 

 

(1

)

Unvested at March 29, 2019

 

 

11

 

 

 

162