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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 27, 2015
Employee Benefits and Share-based Compensation [Abstract]  
Schedule Of Stock Option Activity
Option Activity
Stock option activity during the nine months ended September 27, 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
(262
)
 
23.44

Cancelled
(128
)
 
33.23

Expired
(246
)
 
34.82

Outstanding at September 27, 2015
3,599

 
$
30.78


Schedule Of RSU Activity
RSU Activity

RSU activity during the nine months ended September 27, 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
468

 
32.13

RSUs vested
(259
)
 
31.04

RSUs cancelled
(108
)
 
31.44

Outstanding at September 27, 2015
959

 
$
31.59

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 nine months ended September 27, 2015 and September 28, 2014.
 
 
Three Months Ended
 
Nine Months Ended
 
September 27,
2015
 
September 28,
2014
 
September 27,
2015
 
September 28,
2014
Expected life (in years)
N/A
 
N/A
 
4.5
 
4.5
Risk-free interest rate
N/A
 
N/A
 
1.44%
 
1.44%
Expected volatility
N/A
 
N/A
 
39.3%
 
42.6%
Dividend yield
N/A
 
N/A
 
 
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
 
Nine Months Ended
 
September 27,
2015
 
September 28,
2014
 
September 27,
2015
 
September 28,
2014
Cost of revenue
$
358

 
$
573

 
$
1,190

 
$
1,533

Research and development
877

 
1,255

 
2,495

 
3,878

Sales and marketing
1,173

 
1,409

 
3,838

 
4,759

General and administrative
1,703

 
1,925

 
4,994

 
5,056

Total stock-based compensation
$
4,111

 
$
5,162

 
$
12,517

 
$
15,226