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Employee Benefit Plans and Stock-based Compensation (Tables)
6 Months Ended
Jun. 28, 2019
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 six months ended June 28, 2019 (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, 2018
 
3,068

 
$
5.76

 
 
 
 
Exercised
 
(39
)
 
3.75

 
 
 
 
Canceled or expired
 
(379
)
 
6.14

 
 
 
 
Balance at June 28, 2019
 
2,650

 
5.73

 
2.2
 
$
1,690.3

As of June 28, 2019
 
 
 
 
 
 
 
 
Vested and expected to vest
 
2,650

 
5.73

 
2.2
 
$
1,690.3

Exercisable
 
2,645

 
5.74

 
2.2
 
$
1,684.4

Summary of Restricted Stock Units Outstanding
The following table summarizes the Company’s RSUs activities and related information during the six months ended June 28, 2019 (in thousands, except per share amounts):
 
 
Restricted Stock Units Outstanding
 
 
Number
of
Shares
 
Weighted
Average Grant
Date Fair Value
Per Share
Balance at December 31, 2018
 
3,403

 
$
3.99

Granted
 
2,501

 
5.67

Vested
 
(1,600
)
 
3.97

Forfeited
 
(45
)
 
4.72

Balance at June 28, 2019
 
4,259

 
4.99

Schedule of Defined Benefit Plans Obligations
The table below presents the components of net periodic benefit costs (in thousands):
 
Three months ended
 
Six months ended
 
June 28, 2019
 
June 29, 2018
 
June 28,
2019

June 29,
2018
Service cost
$
57

 
$
63

 
$
114

 
$
126

Interest cost
19

 
19

 
39

 
38

  Net periodic benefit cost
$
76

 
$
82

 
$
153

 
$
164


Summary of Stock-Based Compensation Expense
Stock-based Compensation
The following table summarizes stock-based compensation for all plans (in thousands):
 
Three months ended
 
Six months ended
 
June 28,
2019
 
June 29,
2018
 
June 28,
2019
 
June 29,
2018
Stock-based compensation in:
 
 
 
 
 
 
 
Cost of revenue
$
195

 
$
448

 
$
420

 
$
963

Research and development expense
582

 
818

 
1,198

 
2,622

Selling, general and administrative expense
1,733

 
1,746

 
3,005

 
5,184

Total stock-based compensation in operating expense
2,315

 
2,564

 
4,203

 
7,806

Total stock-based compensation
$
2,510

 
$
3,012

 
$
4,623

 
$
8,769

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
 
ESPP Purchase Period Ending
 
July 1,
2019
 
July 2,
2018
Expected term (years)
0.5

 
0.5

Volatility
43
%
 
60
%
Risk-free interest rate
2.5
%
 
1.7
%
Expected dividends
0.0
%
 
0.0
%
Estimated weighted average fair value per share at purchase date
$1.31
 
$1.34