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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 29, 2014
Employee Benefits and Share-based Compensation [Abstract]  
Schedule Of Stock Option Activity
Option Activity
Stock options activity during the six months ended June 29, 2014, was as follows:
 
 
Number of shares
 
Weighted Average Exercise Price Per Share
 
(in thousands)
 
(in dollars)
Outstanding at December 31, 2013
4,165

 
$
30.11

Granted
389

 
32.79

Exercised
(218
)
 
23.71

Cancelled
(59
)
 
35.77

Expired
(111
)
 
36.42

Outstanding at June 29, 2014
4,166

 
$
30.45


Schedule Of RSU Activity
RSU Activity

RSU activity during the six months ended June 29, 2014, was as follows:

 
Number of shares
 
Weighted Average Grant Date Fair Value Per Share
 
(in thousands)
 
(in dollars)
Outstanding at December 31, 2013
731

 
$
29.40

RSUs granted
433

 
33.11

RSUs vested
(178
)
 
30.05

RSUs cancelled
(31
)
 
29.15

Outstanding at June 29, 2014
955

 
$
30.89

Schedule Of Valuation And Expense Information
The following table sets forth the weighted average assumptions used to fair value option grants during the three and six months ended June 29, 2014 and June 30, 2013:
 
 
Three Months Ended
 
Six Months Ended
 
June 29,
2014
 
June 30,
2013
 
June 29,
2014
 
June 30,
2013
Expected life (in years)
4.5

 
4.5

 
4.5

 
4.4

Risk-free interest rate
1.44
%
 
0.67
%
 
1.44
%
 
0.69
%
Expected volatility
42.6
%
 
47.3
%
 
42.6
%
 
48.2
%
Dividend yield

 

 

 


Schedule Of Total Stock-Based Compensation Expense Resulting From Stock Options, Restricted Stock Awards, And The Employee Stock Purchase Plan
The following table sets forth the total stock-based compensation expense resulting from stock options, RSUs and the ESPP included in the Company’s unaudited condensed consolidated statements of operations (in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
June 29,
2014
 
June 30,
2013
 
June 29,
2014
 
June 30,
2013
Cost of revenue
$
489

 
$
406

 
$
960

 
$
595

Research and development
1,227

 
1,135

 
2,623

 
1,807

Sales and marketing
1,401

 
1,310

 
3,350

 
2,540

General and administrative
1,817

 
1,540

 
3,131

 
3,039

Total stock-based compensation
$
4,934

 
$
4,391

 
$
10,064

 
$
7,981