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Share-Based Compensation (Tables)
6 Months Ended
Jul. 28, 2012
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table presents details of share-based compensation expenses by functional line item (in thousands):

 

     Three Months Ended      Six Months Ended  
     July 28,
2012
     July 30,
2011
     July 28,
2012
     July 30,
2011
 

Cost of goods sold

   $ 1,775       $ 1,916       $ 3,898       $ 3,611   

Research and development

     22,413         22,128         39,587         41,721   

Selling and marketing

     3,458         3,207         6,494         5,861   

General and administrative

     5,582         3,104         10,441         6,642   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 33,228       $ 30,355       $ 60,420       $ 57,835   
  

 

 

    

 

 

    

 

 

    

 

 

 
Employee Stock Purchase Plan
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
     Three and Six Months Ended  
     July 28,
2012
    July 30,
2011
 

Employee Stock Purchase Plan:

    

Estimated fair value

   $ 3.77      $ 4.09   

Volatility

     39 %      46 % 

Expected term (in years)

     1.3        0.5   

Risk-free interest rate

     0.2 %      0.2 % 

Dividend yield

     2.0 %      —     
Market Based Option Award
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
     Three and Six Months Ended  
     July 28,
2012
    July 30,
2011
 

Market-based Stock Options:

    

Weighted average fair value

   $ —        $ 5.08   

Expected volatility

     —   %      42 % 

Risk-free interest rate

     —   %      0.9-3.6 % 
Time Based Option Award
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following weighted average assumptions were used for each respective period to calculate the fair value of each time-based stock option award on the date of grant using the Black-Scholes valuation model and of each market-based equity award using a Monte Carlo simulation model:

 

     Three Months Ended     Six Months Ended  
     July 28,
2012
    July 30,
2011
    July 28,
2012
    July 30,
2011
 

Time-based Stock Options:

        

Weighted average fair value

   $ 3.73      $ 6.24      $ 5.59      $ 6.09   

Expected volatility

     46 %      46 %      44 %      43 % 

Expected term (in years)

     4.8        4.8        4.8        4.8   

Risk-free interest rate

     0.7 %      1.7 %      0.9 %      2.1 % 

Expected dividend yield

     2.0 %      —          0-2.0 %      —