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Benefit Plans (Tables)
3 Months Ended
Mar. 30, 2012
Benefit Plans [Abstract]  
Summary of stock option and restricted stock unit activity

The following table summarizes the Company’s stock option and restricted stock unit activity during the three months ended March 30, 2012 (in thousands, except per share amounts):

 

                                         
          Stock Options Outstanding     Restricted Stock Units Outstanding  
    Shares
Available
for Grant
    Number
of
Shares
    Weighted
Average
Exercise
Price
    Number
of
Units
    Weighted Average
Grant Date Fair Value
 

Balance at December 31, 2011

    7,835       9,303     $ 7.12       3,713     $ 7.52  

Granted

    (3,835     899     $ 6.14       1,957     $ 6.10  

Options exercised

    —         (129   $ 2.93       —       $ —    

Shares released

    —         —       $ —         (649   $ 8.29  

Forfeited or cancelled

    815       (722   $ 9.28       (273   $ 6.73  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 30, 2012

    4,815       9,351     $ 6.92       4,748     $ 6.77  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of stock options and restricted stock units, vested and expected to vest, exercisable

The following table summarizes information about stock options outstanding as of March 30, 2012 (in thousands, except per share amounts and term):

 

                                 
    Number
of
Shares
    Weighted
Average
Exercise
Price
    Weighted Average
Remaining Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 

Vested and expected to vest

    9,185     $ 6.92       3.8     $ 3,373  

Exercisable

    6,817     $ 7.13       2.9     $ 2,272  

The following table summarizes information about restricted stock units outstanding as of March 30, 2012 (in thousands, except term):

 

                         
    Number of
Shares
Underlying
Restricted Stock
Units
    Weighted
Average
Remaining
Vesting Period
(Years)
    Aggregate
Fair
Value
 

Vested and expected to vest

    4,376       1.6     $ 23,939