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Employee Benefit Plans (Tables)
9 Months Ended
Oct. 02, 2022
Employee Benefits And Share Based Compensation [Abstract]  
Schedule of Stock Option Activity

Stock option activity was as follows:

 

(In thousands, except per share amounts)

 

Number of

Shares

 

 

Weighted Average Exercise Price Per Share

 

Outstanding as of December 31, 2021

 

 

912

 

 

$

30.19

 

Exercised

 

 

(37

)

 

$

20.16

 

Expired

 

 

(3

)

 

$

20.30

 

Outstanding as of October 2, 2022

 

 

872

 

 

$

30.64

 

 

Schedule of RSU Activity

RSU activity was as follows:

 

(In thousands, except per share amounts)

 

Number

of Shares

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2021

 

 

1,555

 

 

$

33.86

 

Granted

 

 

804

 

 

$

22.21

 

Vested

 

 

(611

)

 

$

34.60

 

Cancelled

 

 

(145

)

 

$

30.92

 

Outstanding as of October 2, 2022

 

 

1,603

 

 

$

28.00

 

 

Schedule of Performance Shares Activity

Performance shares activity was as follows:

(In thousands, except per share amounts)

 

Number

of Shares

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2021

 

 

293

 

 

$

33.07

 

Granted

 

 

145

 

 

 

22.37

 

Vested

 

 

 

 

 

 

Cancelled

 

 

(8

)

 

 

27.17

 

Outstanding as of October 2, 2022

 

 

430

 

 

$

29.38

 

 

Schedule of Total Stock-Based Compensation Expense Resulting from Stock Options, RSUs, Performance Shares and the ESPP

Valuation and Expense Information

 

The following table sets forth the stock-based compensation expense resulting from stock options, RSUs, performance shares and the ESPP included in the Company's unaudited condensed consolidated statements of operations:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(In thousands)

 

October 2, 2022

 

 

October 3, 2021

 

 

October 2, 2022

 

 

October 3, 2021

 

Cost of revenue

 

$

283

 

 

$

430

 

 

$

1,027

 

 

$

1,626

 

Research and development

 

 

968

 

 

 

1,414

 

 

 

3,150

 

 

 

3,832

 

Sales and marketing

 

 

1,249

 

 

 

2,008

 

 

 

4,275

 

 

 

5,741

 

General and administrative

 

 

940

 

 

 

2,358

 

 

 

4,814

 

 

 

8,873

 

Total

 

$

3,440

 

 

$

6,210

 

 

$

13,266

 

 

$

20,072