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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 29, 2018
Summary of weighted average fair value at the date of grant

        The following summarizes the Company's weighted average fair value at the date of grant:

 
  Year Ended  
 
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Per grant of RSAs and RSUs

  $ 93.75   $ 72.85   $ 40.55  

Per grant of PSUs and MSUs

  $ 97.53   $ 78.40   $ 32.23  

Per grant of stock options

  $   $   $ 40.38  
Summary of stock-based payment and stock option values

        The following summarizes the Company's stock-based payment and stock option values (in thousands):

 
  Year Ended  
 
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Intrinsic value of stock options exercised

  $ 1,952   $ 2,174   $ 2,560  

Intrinsic value of RSUs that vested

  $ 68,012   $ 53,093   $ 36,502  

Grant date fair value of RSUs that vested

  $ 37,720   $ 32,449   $ 39,853  

Intrinsic value of MSUs that vested

  $ 3,562   $ 687   $  

Grant date fair value of MSUs that vested

  $ 1,788   $ 633   $  
Schedule of stock-based compensation costs recognized in the Consolidated Statements of Income

        The following table presents details of stock-based compensation costs recognized in the Consolidated Statements of Income (in thousands):

 
  Year Ended  
 
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Cost of revenues

  $ 1,238   $ 1,090   $ 1,070  

Research and development

    23,867     21,771     19,573  

Selling, general and administrative

    24,972     21,891     18,985  

    50,077     44,752     39,628  

Income tax benefit

    8,890     11,073     8,496  

  $ 41,187   $ 33,679   $ 31,132  
Summary of shares reserved of common stock for future issuance

        As of December 29, 2018, the Company had reserved shares of common stock for future issuance as follows (in thousands):

2009 Stock Incentive Plan

    2,343  

2009 Employee Stock Purchase Plan

    985  

Total shares reserved

    3,328  
Stock options  
Summary of assumptions used to estimate fair values for stock options

 
  Year Ended  
Stock Options
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Expected volatility

            32 %

Risk-free interest rate %

            1.3 %

Expected term (in years)

            5.4  

Dividend yield

             
Summary of stock-based compensation activity, options

        A summary of stock-based compensation activity with respect to fiscal 2018 follows:

Stock Options
  Shares
(000s)
  Weighted-
Average
Exercise
Price
  Weighted-Average
Remaining
Contractual
Term
(In Years)
  Aggregate
Intrinsic
Value
(000s)
 

Outstanding at December 30, 2017

    170   $ 38.88              

Exercised

    (33 ) $ 36.45              

Outstanding at December 29, 2018

    137   $ 39.47     7.1   $ 5,327  

Vested at December 29, 2018 and expected to vest

   
83
 
$

40.39
   
7.1
 
$

3,154
 

Exercisable at December 29, 2018

   
50
 
$

37.88
   
7.1
 
$

2,031
 
MSUs  
Summary of assumptions used to estimate fair values for MSUs, Monte Carlo simulation

        The fair values estimated from Monte Carlo simulation for MSUs were calculated using the following assumptions:

 
  Year Ended  
MSUs
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Expected volatility

    29 %   31 %   30 %

Risk-free interest rate %

    2.4 %   1.6 %   0.9 %

Expected term (in years)

    2.9     2.9     2.9  

Dividend yield

             
RSAs and RSUs  
Summary of stock-based compensation activity, RSAs and RSUs


 

RSAs and RSUs
  Shares
(000s)
  Weighted-
Average
Purchase
Price
  Weighted-Average
Remaining
Vesting Term
(In Years)
  Aggregate
Intrinsic
Value
(000s)
 

Outstanding at December 30, 2017

    1,523   $              

Granted

    522   $              

Vested or issued

    (730 ) $              

Cancelled or forfeited

    (97 ) $              

Outstanding at December 29, 2018

    1,218   $     0.86   $ 95,620  

Outstanding at December 29, 2018 and expected to vest

   
1,147
 
$

   
0.86
 
$

90,008
 
PSUs and MSUs  
Summary of stock-based compensation activity, PSUs and MSUs

 

PSUs and MSUs
  Shares
(000s)
  Weighted-
Average
Purchase
Price
  Weighted-Average
Remaining
Vesting Term
(In Years)
  Aggregate
Intrinsic
Value
(000s)
 

Outstanding at December 30, 2017

    259   $              

Granted

    81   $              

Earned or issued

    (37 ) $              

Cancelled or forfeited

    (21 ) $              

Outstanding at December 29, 2018

    282   $     1.1   $ 22,164  

Outstanding at December 29, 2018 and expected to vest

   
249
 
$

   
1.1
 
$

19,615
 
2009 Employee Stock Purchase Plan  
Summary of assumptions used to estimate fair values for ESPP

        The fair values estimated from the Black-Scholes option-pricing model for ESPP and stock options granted were calculated using the following assumptions:

 
  Year Ended  
Employee Stock Purchase Plan
  December 29,
2018
  December 30,
2017
  December 31,
2016
 

Expected volatility

    30 %   28 %   30 %

Risk-free interest rate %

    2.4 %   1.1 %   0.6 %

Expected term (in months)

    9     8     15  

Dividend yield