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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 28, 2015
Employee Benefits and Share-based Compensation [Abstract]  
Schedule Of Stock Option Activity
Option Activity
Stock option activity during the six months ended June 28, 2015 was as follows:
 
 
Number of shares
 
Weighted Average Exercise Price Per Share
 
(in thousands)
 
(in dollars)
Outstanding at December 31, 2014
3,939

 
$
30.58

Granted
296

 
31.34

Exercised
(192
)
 
23.25

Cancelled
(119
)
 
33.16

Expired
(195
)
 
34.89

Outstanding at June 28, 2015
3,729

 
$
30.71


Schedule Of RSU Activity
RSU Activity

RSU activity during the six months ended June 28, 2015 was as follows:
 
Number of shares
 
Weighted Average Grant Date Fair Value Per Share
 
(in thousands)
 
(in dollars)
Outstanding at December 31, 2014
858

 
$
30.68

RSUs granted
452

 
32.24

RSUs vested
(250
)
 
30.96

RSUs cancelled
(87
)
 
31.57

Outstanding at June 28, 2015
973

 
$
31.62

Schedule Of Valuation And Expense Information
The table below sets forth the weighted average assumptions used to estimate the fair value of option grants during the three and six months ended June 28, 2015 and June 29, 2014.
 
 
Three Months Ended
 
Six Months Ended
 
June 28,
2015
 
June 29,
2014
 
June 28,
2015
 
June 29,
2014
Expected life (in years)
4.5

 
4.5

 
4.5

 
4.5

Risk-free interest rate
1.45
%
 
1.44
%
 
1.44
%
 
1.44
%
Expected volatility
39.3
%
 
42.6
%
 
39.3
%
 
42.6
%
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 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 28,
2015
 
June 29,
2014
 
June 28,
2015
 
June 29,
2014
Cost of revenue
$
336

 
$
489

 
$
832

 
$
960

Research and development
773

 
1,227

 
1,618

 
2,623

Sales and marketing
1,272

 
1,401

 
2,665

 
3,350

General and administrative
1,677

 
1,817

 
3,291

 
3,131

Total stock-based compensation
$
4,058

 
$
4,934

 
$
8,406

 
$
10,064