XML 41 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Employee Stock Plans (Tables)
6 Months Ended
Jun. 25, 2021
Postemployment Benefits [Abstract]  
Stock-Based Compensation Expense Included in Condensed Consolidated Statements of Operations

 

The following table shows the Company’s stock-based compensation expense included in the Condensed Consolidated Statements of Operations:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 25,

 

 

June 26,

 

 

June 25,

 

 

June 26,

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenues (1)

 

$

0.4

 

 

$

0.5

 

 

$

0.9

 

 

$

1.0

 

Research and development

 

 

-

 

 

 

0.1

 

 

 

0.1

 

 

 

0.1

 

Sales and marketing

 

 

0.4

 

 

 

0.3

 

 

 

0.7

 

 

 

0.6

 

General and administrative

 

 

2.9

 

 

 

2.2

 

 

 

5.5

 

 

 

4.5

 

 

 

 

3.7

 

 

 

3.1

 

 

 

7.2

 

 

 

6.2

 

Income tax benefit

 

 

(0.9

)

 

 

(0.6

)

 

 

(1.7

)

 

 

(1.5

)

Stock-based compensation expense, net of tax

 

$

2.8

 

 

$

2.5

 

 

$

5.5

 

 

$

4.7

 

 

Stock-based compensation expense capitalized in inventory for the three and six months ended June 25, 2021 and June 26, 2020was not significant.
Summary of Restricted Stock Unit, Performance Stock Units and Restricted Stock Award Activity

The following table summarizes the Company’s combined RSU, PSU and RSA activity for the six months ended June 26, 2020:

(In millions)

 

Shares

 

 

Aggregate

Fair Value

 

Unvested RSUs, PSUs and RSAs at December 25, 2020

 

 

1.7

 

 

$

54.1

 

Granted

 

0.4

 

 

 

 

 

Vested

 

 

(0.6

)

 

 

 

 

Forfeited

 

 

(0.1

)

 

 

 

 

Unvested RSUs, PSUs and RSAs as of June 25, 2021

 

 

1.4

 

 

$

76.6

 

Vested and expected to vest RSUs, PSUs and RSAs as of June 25, 2021

 

 

1.3

 

 

$

67.4