Stock-Based Compensation

3 Months Ended

Jan. 30, 2016

Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]

Stockholders' Equity and Stock-Based Compensation

Stock-Based Compensation

Stock-based compensation expense, net of estimated forfeitures, is included in the following line items of the Company’s Condensed Consolidated Statements of Income as follows (in thousands):

	Three Months Ended
	January 30, 2016		January 31, 2015
Cost of revenues	$	2,905	$	3,816
Research and development	5,476		4,933
Sales and marketing	11,078		9,843
General and administrative	4,585		5,490
Total stock-based compensation expense	$	24,044	$	24,082

The following table presents stock-based compensation expense, net of estimated forfeitures, by grant type (in thousands):

	Three Months Ended
	January 30, 2016		January 31, 2015
Stock options	$	729	$	1,356
RSUs, including restricted stock units with market conditions	19,793		17,934
Employee stock purchase plan (“ESPP”)	3,522		4,792
Total stock-based compensation expense	$	24,044	$	24,082

The following table presents the unrecognized compensation expense, net of estimated forfeitures, by grant type and the related weighted-average periods over which this expense is expected to be recognized as of January 30, 2016 (in thousands, except for the weighted-average period):

	Unrecognized Compensation Expense		Weighted- Average Period (In years)
Stock options	$	1,820	0.99
RSUs, including restricted stock units with market conditions	$	121,904	1.99
ESPP	$	10,009	1.08

The following table presents details on grants made by the Company for the following periods:

	Three Months Ended
	January 30, 2016			January 31, 2015
	Granted (Shares in thousands)	Weighted-Average Grant Date Fair Value		Granted (Shares in thousands)	Weighted-Average Grant Date Fair Value
Stock options	—	$	—	1,117	$	3.09
RSUs, including stock units with market conditions	3,476	$	7.96	3,641	$	10.87

The total intrinsic value of stock options exercised for the three months ended January 30, 2016, and January 31, 2015, was $0.1 million and $1.0 million, respectively.