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Employee Benefit Plans and Stock-based Compensation (Tables)
3 Months Ended
Mar. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Outstanding
The following table summarizes the Company’s stock option activities and related information during the three months ended March 30, 2018 (in thousands, except per share amounts and terms):
 
 
Stock Options Outstanding
 
 
Number
of
Shares
 
Weighted
Average
Exercise Price
Per Share
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Balance at December 31, 2017
 
3,880

 
$
6.04

 
 
 
 
Granted
 

 

 
 
 
 
Exercised
 
(78
)
 
3.02

 
 
 
 
Forfeited
 
(35
)
 
4.76

 
 
 
 
Canceled or expired
 
(502
)
 
8.88

 
 
 
 
Balance at March 30, 2018
 
3,265

 
$
5.69

 
3.0
 
$
556.3

As of March 30, 2018
 
 
 
 
 
 
 
 
Vested and expected to vest
 
3,244

 
$
5.70

 
3.0
 
$
548.1

Exercisable
 
2,910

 
$
5.80

 
2.8
 
$
417.7

Summary of Restricted Stock Units Outstanding
The following table summarizes the Company’s RSUs activities and related information as of March 30, 2018 (in thousands, except per share amounts and terms):
 
 
Restricted Stock Units Outstanding
 
 
Number
of
Shares
 
Weighted
Average Grant
Date Fair Value
Per Share
Balance at December 31, 2017
 
2,904

 
$
5.09

Granted
 
2,198

 
3.77

Vested
 
(1,970
)
 
4.66

Forfeited
 
(135
)
 
5.42

Balance at March 30, 2018
 
2,997

 
$
4.39

Schedule of Defined Benefit Plans Obligations
The table below presents the components of net periodic benefit costs (in thousands):
 
Three months ended
 
March 30, 2018
 
March 31, 2017
Service cost
$
63

 
$
55

Interest cost
19

 
16

Recognized net actuarial loss

 
1

  Net periodic benefit cost
$
82

 
$
72


Summary of Stock-Based Compensation Expense
Stock-based Compensation
The following table summarizes stock-based compensation for all plans (in thousands):
 
Three months ended
 
March 30,
2018
 
March 31,
2017
Stock-based compensation in:
 
 
 
Cost of revenue
$
515

 
$
445

Research and development expense
1,804

 
977

Selling, general and administrative expense
3,438

 
1,829

Total stock-based compensation in operating expense
5,242

 
2,806

Total stock-based compensation
$
5,757

 
$
3,251

Valuation Assumptions for Stock Options
 
Stock Options
 
Three months ended
 
March 31,
2017
Expected term (years)
4.3
Volatility
42%
Risk-free interest rate
1.8%
Expected dividends
0.0%
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
 
ESPP Purchase Period Ending
 
July 2,
2018
 
July 3,
2017
Expected term (years)
0.5

 
0.5

Volatility
60
%
 
63
%
Risk-free interest rate
1.7
%
 
0.8
%
Expected dividends
0.0
%
 
0.0
%
Estimated weighted average fair value per share at purchase date
$1.34
 
$1.71