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Employee Stock Plans (Tables)
12 Months Ended
Dec. 31, 2021
Postemployment Benefits [Abstract]  
Stock-Based Compensation Expense Included in Condensed Consolidated Statements of Operations

Total stock-based compensation during the fiscal years 2021, 2020 and 2019, respectively, in various expense categories was as follows:

 

 

Year Ended

 

 

December 31,

 

 

December 25,

 

 

December 27,

 

(In millions)

2021

 

 

2020

 

 

2019

 

Cost of revenues (1)

$

2.0

 

 

$

1.8

 

 

$

2.4

 

Research and development

 

0.2

 

 

 

0.1

 

 

 

0.3

 

Sales and marketing

 

1.3

 

 

 

1.3

 

 

 

1.3

 

General and administrative

 

12.3

 

 

 

9.5

 

 

 

8.1

 

Total stock-based compensation

 

15.8

 

 

 

12.7

 

 

 

12.1

 

Income tax benefit

 

(2.8

)

 

 

(2.5

)

 

 

-

 

Net stock-based compensation expense

$

13.0

 

 

$

10.2

 

 

$

12.1

 

 

 

(1)

Stock-based compensation expenses capitalized in inventory for fiscal years 2021, 2020 and 2019 were considered immaterial.

Summary of Restricted Stock Unit and Restricted Stock Award Activity

The following table summarizes the Company’s PSUs, RSUs and RSAs activities through the year ended December 31, 2021:

 

 

 

 

 

 

Aggregate

 

 

 

 

 

 

 

Intrinsic

 

 

 

Number of

 

 

Value

 

 

 

Shares

 

 

(in millions)

 

Unvested restricted stock units and restricted stock awards at December 27, 2019

 

 

1.8

 

 

$

41.9

 

Granted

 

 

0.9

 

 

 

 

 

Vested

 

 

(0.8

)

 

 

 

 

Forfeited

 

 

(0.2

)

 

 

 

 

Unvested restricted stock units and restricted stock awards at December 25, 2020

 

 

1.7

 

 

$

54.1

 

Granted

 

 

0.4

 

 

23.6

 

Vested

 

 

(0.8

)

 

 

 

 

Forfeited

 

 

(0.1

)

 

 

 

 

Unvested restricted stock units and restricted stock awards at December 31, 2021

 

 

1.2

 

 

$

69.3

 

Vested and expected to vest restricted stock units and restricted stock

   awards

 

 

1.1

 

 

$

62.8