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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock based compensation expense
The stock-based compensation expense included in the Company's consolidated financial statements for the three and nine months ended October 2, 2016 and September 27, 2015 was as follows (in thousands):
 
 
Three Months Ended
 
Nine Months Ended
 
October 2,
2016
 
September 27,
2015
 
October 2,
2016
 
September 27,
2015
Cost of revenue
$
34

 
$
29

 
$
119

 
$
95

Research and development
137

 
210

 
603

 
613

Selling, general and administrative
286

 
240

 
736

 
759

Restructuring charges *

 
29

 

 
29

Total costs and expenses
$
457

 
$
508

 
$
1,458

 
$
1,496



 No stock-based compensation was capitalized during any period presented above.
* Stock-based compensation related to restructuring plan was initiated
Schedule of weighted average assumptions included in the estimated fair value calculations for stock option grants
The following weighted average assumptions are included in the estimated fair value calculations for stock option grants:

 
Three Months Ended
 
Nine Months Ended
 
October 2,
2016
 
September 27,
2015
 
October 2,
2016
 
September 27,
2015
Expected term (years)
7.12

 
4.78

 
7.12

 
4.78

Risk-free interest rate
1.40
%
 
1.40
%
 
1.40
%
 
1.40
%
Expected volatility
52.40
%
 
52.11
%
 
52.40
%
 
52.11
%
Expected dividend yield

 

 

 

Summary of the activity in the shares available for grant under the 2009 plan
The following table summarizes the activity in the shares available for grant under the 2009 Plan during the nine months ended October 2, 2016:
 
 
Shares
Available for Grant
 
(in thousands)
Balance at January 03, 2016
2,929

Options granted
(842
)
Options forfeited or expired
546

RSUs granted
(934
)
PRSUs granted
(193
)
RSUs forfeited or expired
554

PRSUs forfeited or expired
204

Balance at October 2, 2016
2,264

Summary of stock options outstanding and stock option activity under the 1999 plan and the 2009 plan, and the related weighted average exercise price
The following table summarizes stock options outstanding and stock option activity under the 1999 Plan and the 2009 Plan, and the related weighted average exercise price, for the first nine months of 2016:
 
 
Number of Shares
 
Weighted
Average Exercise
Price
 
Weighted
Average
Remaining Term
 
Aggregate
Intrinsic Value
 
(in thousands)
 
 
 
(in years)
 
(in thousands)
Balance outstanding at January 3, 2016
5,266

 
$
2.64

 
 
 
 
Granted
842

 
$
0.86

 
 
 
 
Forfeited or expired
(546
)
 
$
2.79

 
 
 
 
Balance outstanding at October 2, 2016
5,562

 
$
2.36

 
4.11
 
$

Exercisable at October 2, 2016
4,494

 
$
2.62

 
2.82
 
$

Vested and expected to vest at October 2, 2016
5,263

 
$
2.43

 
3.79
 
$

Summary of activity for RSUs and PRSUs
A summary of activity for the Company's RSUs and PRSUs for the nine months ended October 2, 2016 and information regarding RSUs and PRSUs outstanding and expected to vest as of October 2, 2016 is as follows:

 
RSUs & PRSUs Outstanding
 
Number of Shares
 
Weighted Average
Grant Date Fair Value
 
(in thousands)
 
 
Nonvested at January 3, 2016
1,435

 
$
2.30

Granted
1,127

 
1.05

Vested
(475
)
 
1.02

Forfeited
(758
)
 

Nonvested at October 2, 2016
1,329

 
$
1.92

Summary of the fair value of rights issued pursuant to ESPP
The fair value of rights issued pursuant to the Company's 2009 ESPP was estimated on the commencement date of each offering period using the following weighted average assumptions:
 
 
Three Months Ended
 
Nine Months Ended
 
October 2,
2016
 
September 27,
2015
 
October 2,
2016
 
September 27,
2015
Expected term (months)
6.08

 
6.08

 
6.08

 
6.08

Risk-free interest rate
0.40
%
 
0.08
%
 
0.40
%
 
0.08
%
Volatility
54.31
%
 
51.54
%
 
54.31
%
 
51.54
%
Dividend yield