XML 44 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Stockholders' Equity (Tables)
6 Months Ended
Jun. 28, 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

 

 

Six Months Ended

 

 

 

June 28,

2019

 

 

June 29,

2018

 

 

June 28,

2019

 

 

June 29,

2018

 

Employee stock options

 

$

2,162

 

 

$

897

 

 

$

3,592

 

 

$

1,516

 

Restricted stock

 

 

77

 

 

 

59

 

 

 

159

 

 

 

110

 

Restricted stock units

 

 

311

 

 

 

494

 

 

 

1,415

 

 

 

1,092

 

Nonemployee stock options

 

 

29

 

 

 

148

 

 

 

54

 

 

 

181

 

Total stock-based compensation expense

 

$

2,579

 

 

$

1,598

 

 

$

5,220

 

 

$

2,899

 

 

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

 

 

Six Months Ended

 

 

 

June 28,

2019

 

 

June 29,

2018

 

 

June 28,

2019

 

 

June 29,

2018

 

Cost of sales

 

$

22

 

 

$

4

 

 

$

36

 

 

$

7

 

General and administrative

 

 

1,018

 

 

 

655

 

 

 

1,796

 

 

 

1,174

 

Marketing and selling

 

 

690

 

 

 

366

 

 

 

1,861

 

 

 

826

 

Research and development

 

 

849

 

 

 

573

 

 

 

1,527

 

 

 

892

 

Total stock-based compensation expense, net

 

 

2,579

 

 

 

1,598

 

 

 

5,220

 

 

 

2,899

 

Amounts capitalized as part of inventory

 

 

276

 

 

 

145

 

 

 

465

 

 

 

267

 

Total stock-based compensation expense, gross

 

$

2,855

 

 

$

1,743

 

 

$

5,685

 

 

$

3,166

 

 

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

 

 

Six Months Ended

 

 

 

June 28,

2019

 

 

June 29,

2018

 

 

June 28,

2019

 

 

June 29,

2018

 

Expected dividend yield

 

 

0

%

 

 

0

%

 

 

0

%

 

 

0

%

Expected volatility

 

 

53

%

 

 

53

%

 

 

53

%

 

 

53

%

Risk-free interest rate

 

 

2.05

%

 

 

2.81

%

 

 

2.41

%

 

 

2.70

%

Expected term (in years)

 

 

5.67

 

 

 

5.72

 

 

 

5.67

 

 

 

5.72

 

 

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity under the Plan for the six months ended June 28, 2019 is presented below:

 

 

 

Stock

Options

(in 000’s)

 

 

Minimum

Exercise

Price

 

 

Maximum

Exercise

Price

 

Outstanding at December 28, 2018

 

 

3,920

 

 

 

 

 

 

 

 

 

Granted

 

 

801

 

 

 

 

 

 

 

 

 

Exercised

 

 

(126

)

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

(16

)

 

 

 

 

 

 

 

 

Outstanding at June 28, 2019

 

 

4,579

 

 

$

3.50

 

 

$

43.84

 

Exercisable at June 28, 2019

 

 

3,026

 

 

 

 

 

 

 

 

 

 

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 six months ended June 28, 2019 is presented below:

 

 

 

Restricted

Stock

(in 000’s)

 

 

Restricted

Stock

Units

(in 000’s)

 

Unvested at December 28, 2018

 

 

11

 

 

 

322

 

Granted

 

 

11

 

 

 

19

 

Vested

 

 

(11

)

 

 

(202

)

Forfeited or expired

 

 

 

 

 

(5

)

Unvested at June 28, 2019

 

 

11

 

 

 

134