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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 29, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation Expense, Net of Estimated Forfeitures

Stock-based compensation expense, net of estimated forfeitures, related to the Company’s stock options, ESPP and RSUs by expense category was as follows:

 

     Three Months Ended      Nine Months Ended  
     September 29,
2013
     September 30,
2012
     September 29,
2013
     September 30,
2012
 
     (In thousands)  

Cost of revenues

   $ 2,059       $ 2,573       $ 7,171       $ 9,088   

Research and development

     8,810         11,170         30,838         35,451   

Selling, general and administrative

     9,340         13,643         29,611         38,999   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total stock-based compensation expense

   $ 20,209       $ 27,386       $ 67,620       $ 83,538   
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Weighted-Average Assumptions in Fair Value of Option Grant

The following table summarizes the weighted-average assumptions that the Company applied in the lattice model:

 

     Three Months Ended     Nine Months Ended  
     September 29,
2013
    September 30,
2012
    September 29,
2013
    September 30,
2012
 

Estimated grant date fair value per share

   $ 2.28      $ 2.50      $ 2.33      $ 2.84   

Expected life (years)

     4.35        4.46        4.38        4.46   

Risk-free interest rate

     1     1     1     1

Volatility

     47     52     49     47

Dividend yield

     2     —          0     —     
Summary of Changes in Stock Options Outstanding

The following table summarizes changes in stock options outstanding:

 

     Number of
Shares
    Weighted-Average
Exercise
Price Per Share
     Weighted-Average
Remaining
Contractual
Term
     Aggregate
Intrinsic
Value
 
     (In thousands)            (In years)      (In thousands)  

Options outstanding at December 31, 2012

     56,042      $ 5.75         

Granted

     6,636      $ 6.93         

Exercised

     (6,936   $ 3.41         

Canceled

     (4,190   $ 8.11         
  

 

 

         

Options outstanding at September 29, 2013

     51,552      $ 6.02         3.47       $ 107,013   
  

 

 

         

Options exercisable at September 29, 2013

     34,481      $ 5.81         2.42       $ 80,237   
Summary of Unvested Service-Based Restricted Stock

The following table summarizes changes in service-based RSUs outstanding:

 

     Number of Units     Weighted-Average
Grant Date Fair
Value per Share
 
     (In thousands)        

Unvested service-based RSUs outstanding at December 31, 2012

     17,655      $ 6.99   

Granted

     8,691      $ 6.95   

Vested

     (5,249   $ 6.80   

Forfeited

     (1,059   $ 6.84   
  

 

 

   

Unvested service-based RSUs outstanding at September 29, 2013

     20,038      $ 7.03   
  

 

 

   
Summary of Unvested Performance-Based Restricted Stock

The following table summarizes changes in performance-based RSUs outstanding:

 

    Number of
Units
    Weighted-Average
Grant Date Fair
Value per Share
 
    (In thousands)        

Unvested performance-based RSUs outstanding at December 31, 2012

    5,634      $ 7.29   

Granted

    1,441      $ 6.89   

Vested

    (3,167   $ 7.41   

Forfeited

    (392   $ 6.61   
 

 

 

   

Unvested performance-based RSUs outstanding at September 29, 2013

    3,516      $ 7.10   
 

 

 

   
Summary of Weighted-Average Assumptions in Employee Stock Purchase Plan

The following table summarizes the weighted-average assumptions that the Company applied in the calculation of the fair value for the May 2013 and May 2012 grants:

 

     2013     2012  

Estimated grant date fair value per share

   $ 1.88      $ 2.19   

Expected life (years)

     0.8        0.8   

Risk-free interest rate

     0.11     0.17

Volatility

     34     41