XML 70 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727
STOCKHOLDERS’ EQUITY (Tables)
 6 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Net of Amount Capitalized
The following table summarizes share-based compensation, net of the amount capitalized in inventory, included in operating results:
 
Three Months Ended
 
 Six Months Ended
 
June 30,
2015
 
June 30,
2014
 
June 30,
2015
 
June 30,
2014
 
(in thousands)
Cost of revenue
$
1,682


$
1,971

 
$
2,797

 
$
3,287

Research and development
3,573


4,383

 
7,151

 
9,112

Selling, general and administrative
7,282


8,924

 
16,276

 
18,496

Total share-based compensation expense, before income taxes
12,537


15,278

 
26,224

 
30,895

Tax benefit
(2,806
)

(3,320
)
 
(5,673
)
 
(6,244
)
Total share-based compensation expense, net of income taxes
$
9,731


$
11,958

 
$
20,551

 
$
24,651
Schedule of Activity Under the Entity's 2005 Stock Plan
Activity under Atmel’s 2005 Stock Plan is set forth below: 
 
 
 
Outstanding Options
 
Weighted-
 
 
 
 
 
Exercise
 
Average
 
Available
for Grant
 
Number of
Options
 
Price
per Share
 
Exercise Price
per Share
 
(in thousands, except for per share data)
Balances, December 31, 2014
13,611

 
3,059

 
$2.13-$10.01

 
$
4.57

Restricted stock units issued
(479
)
 
—

 
—

 
—

Plan adjustment for restricted stock units issued
(273
)
 
—

 
—

 
—

Restricted stock units cancelled
363

 
—

 
—

 
—

Plan adjustment for restricted stock units cancelled
210

 
—

 
—

 
—

Performance-based restricted stock units cancelled
253

 
—

 
—

 
—

Plan adjustment for performance-based restricted stock units cancelled
144

 
—

 
—

 
—

Options cancelled/expired/forfeited
2

 
(2
)
 
$
3.26

 
$
3.26

Options exercised
—

 
(198
)
 
$2.66-$6.28

 
$
3.51

Balances, March 31, 2015
13,831

 
2,859

 
$2.13-$10.01

 
$
4.65

Restricted stock units issued
(446
)
 
—

 
—

 
—

Plan adjustment for restricted stock units issued
(254
)
 
—

 
—

 
—

Restricted stock units cancelled
432

 
—

 
—

 
—

Plan adjustment for restricted stock units cancelled
250

 
—

 
—

 
—

Plan adjustment for performance-based restricted stock units issued
87

 
—

 
—

 
—

Plan adjustment for performance-based restricted stock units cancelled
50

 
—

 
—

 
—

Options cancelled/expired/forfeited
—

 
—

 
—

 
$
—

Options exercised
—

 
(387
)
 
$2.13-$6.28

 
$
4.53

Balances, June 30, 2015
13,950

 
2,472

 
$2.13-$10.01

 
$
4.67

Options vested and expected to vest at June 30, 2015
 
 
2,472

 
$2.13-$10.01

 
$
4.67

Options exercisable at June 30, 2015
 
 
2,461

 
$2.13-$10.01

 
$
4.67
Schedule of Activity Related to Restricted Stock Units
Activity related to restricted stock units is set forth below:
 

Number of
Units

Weighted-Average Grant Date
Fair Value
 
(in thousands, except for per share data)
Balances, December 31, 2014
18,163

 
$
8.40

Restricted stock units issued
479

 
8.45

Restricted stock units vested
(1,898
)
 
8.43

Restricted stock units cancelled
(363
)
 
7.71

Performance-based restricted stock units cancelled
(253
)
 
7.35

Balances, March 31, 2015
16,128


$
8.43

Restricted stock units issued
446

 
9.45

Restricted stock units vested
(1,483
)
 
8.53

Restricted stock units cancelled
(432
)
 
7.59

Performance-based restricted stock units cancelled
(87
)
 
8.31

Balances, June 30, 2015
14,572

 
$
8.48

 
 
 
 
Schedule of Assumptions Used to Estimate the Fair Value of the Company's ESPP Shares
The following assumptions were utilized to determine the fair value of the 2010 ESPP shares:
 
Three and Six Months Ended
 
June 30,
2015
 
June 30,
2014
Risk-free interest rate
0.07
%
 
0.07
%
Expected life (years)
0.50

 
0.50

Expected volatility
36
%
 
32
%
Expected dividend yield
1.91
%
 
—
%