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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 27, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Stock-Based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 27,

 

June 28,

 

June 27,

 

June 28,

(in thousands)

2015

 

2014

 

2015

 

2014

Cost of revenues

$

266 

 

$

214 

 

$

537 

 

$

455 

Research and development, net

 

2,400 

 

 

1,903 

 

 

5,244 

 

 

4,550 

Selling, general and administrative

 

3,445 

 

 

2,798 

 

 

7,023 

 

 

6,101 

Total

$

6,111 

 

$

4,915 

 

$

12,804 

 

$

11,106 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Activity Under Option Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of options

 

Weighted average exercise price per share

 

 

Weighted average remaining contractual term (years)

 

 

Aggregate intrinsic value

Outstanding, December 27, 2014

 

18,316,720 

 

$

7.53 

 

 

4.41 

 

$

32,598,999 

Granted

 

30,000 

 

$

8.88 

 

 

 

 

 

 —

Exercised

 

(3,848,159)

 

$

6.73 

 

 

 

 

 

 —

Forfeited

 

(126,839)

 

$

6.55 

 

 

 

 

 

 —

Expired

 

(313,441)

 

$

10.46 

 

 

 

 

 

 —

Outstanding, June 27, 2015

 

14,058,281 

 

$

7.70 

 

 

4.16 

 

$

20,210,660 

Vested and expected to vest, June 27, 2015

 

13,921,444 

 

$

7.71 

 

 

4.05 

 

$

19,930,285 

Exercisable, June 27, 2015

 

12,660,615 

 

$

7.82 

 

 

3.69 

 

$

17,076,637 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 27,

 

June 28,

 

 

 

2015

 

2014

Expected life (years)

 

 

5.9 

 

N/A

Expected volatility

 

 

31% 

 

N/A

Risk-free interest rate

 

 

1.6% 

 

N/A

 

 

 

 

 

 

 

Summary Of RSU Activity

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

Weighted Average Remaining Contractual Term (years)

 

 

Aggregate intrinsic value

Unvested units at December 27, 2014

 

7,368,529 

 

 

1.73 

 

$

67,200,984 

Awarded

 

659,694 

 

 

 -

 

 

 —

Released

 

(609,901)

 

 

 -

 

 

 —

Forfeited

 

(453,677)

 

 

 -

 

 

 —

Unvested units at June 27, 2015

 

6,964,645 

 

 

1.40 

 

$

61,637,108 

Restricted Stock Units expected to vest at June 27, 2015

 

6,193,026 

 

 

1.31 

 

$

54,808,280 

 

 

 

 

 

 

 

 

 

 

Employee Stock Purchase Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 27,

 

June 28,

 

 

 

2015

 

2014

Expected life (years)

 

 

0.5 

 

0.5 

Expected volatility

 

 

34% 

 

35% 

Risk-free interest rate

 

 

0.1% 

 

0.1%