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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 29, 2013
Compensation And Retirement Disclosure [Abstract]  
Summary of Company's Stock Option and Restricted Stock Unit Activity

The following table summarizes the Company’s stock option and RSU unit activity during the three months ended March 29, 2013 (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, 2012

     10,155        8,900      $ 6.83         3,938      $ 6.44   

Authorized

     —          —          —           —          —     

Granted

     (2,914     1,251        5.77         1,109        5.75   

Options exercised

     —          (191     2.95         —          —     

Shares released

     —          —          —           (918     6.06   

Forfeited or cancelled

     944        (630     6.18         (213     6.82   
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Balance at March 29, 2013

     8,185        9,330      $ 6.81         3,916      $ 6.32   
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

 

Summary of Stock Options Outstanding

The following table summarizes information about stock options outstanding as of March 29, 2013 (in thousands, except per share amounts):

 

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

Vested and expected to vest

     9,071       $ 6.83         3.4       $ 3,053   

Exercisable

     6,518         7.17         2.4         2,187   
Summary of Restricted Stock Units Outstanding

The following table summarizes information about restricted stock units outstanding as of March 29, 2013 (in thousands, except per share amounts):

 

     Number of
Shares
Underlying
Restricted
Stock Units
     Weighted
Average
Remaining
Vesting
Period
(Years)
     Aggregate
Fair
Value (1)
 

Vested and expected to vest

     3,622         1.2       $ 20,972   

 

(1) Represents the fair value of the Company’s common stock as of March 29, 2013, times the number of restricted stock units vested and expected to vest as of the same date.