XML 41 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 11 - Stock-based Compensation (Tables)
3 Months Ended
Jul. 03, 2016
Performance-based Restricted Stock Units [Member]  
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Expected term of grants (years)
    3  
Risk-free interest rate
    0.76
%
Expected volatility
    50
%
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block]
 
 
As of
 
 
Three Months Ended
 
 
 
July 3, 2016
 
 
July 3, 2016
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
Shares of
 
 
Shares of
 
 
Average
 
 
 
Common Stock
 
 
Common Stock
 
 
Price per Share
 
Authorized to issue
    4,500                  
Reserved for future issuance
    1,306                  
Issued
            11     $ 6.20  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
In-the-money
 
 
 
 
 
 
 
Weighted
 
 
Remaining
 
 
Aggregate
 
 
Options
 
 
 
Outstanding
 
 
Average
 
 
Contractual
 
 
Intrinsic
 
 
Vested and
 
 
 
Options /
 
 
Exercise
 
 
Term
 
 
Value
 
 
Exercisable
 
 
 
Quantity
 
 
Price per Share
 
 
(in years)
 
 
(in thousands)
 
 
(in thousands)
 
Balance at March 27, 2016
    7,722,383     $ 7.96       4.40     $ 87       48  
Granted
    1,161,900       6.78                          
Exercised
    (405,385 )     6.42                          
Cancelled
    (235,726 )     7.95                          
Forfeited
    (462,810 )     7.66                          
Balance at July 3, 2016
    7,780,362       7.88       4.26       6,760       4,353  
                                         
Vested and expected to vest, July 3, 2016
    7,005,891       7.98       4.05       5,783          
Vested and exercisable, July 3, 2016
    3,654,884     $ 8.67       2.45     $ 1,745          
Schedule of Cash Proceeds Received from Share-based Payment Awards [Table Text Block]
 
 
Three Months Ended
 
 
 
July 3,
 
 
June 28,
 
 
 
2016
 
 
2015
 
Intrinsic value of options exercised
  $ 521     $ 426  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
Remaining
 
 
Aggregate
 
 
 
 
 
 
 
Average
 
 
Contractual
 
 
Intrinsic
 
 
 
 
 
 
 
Grant-Date
 
 
Term
 
 
Value
 
 
 
Shares
 
 
Fair Value
 
 
(in years)
 
 
(in thousands)
 
Unvested at March 27, 2016
    590,833     $ 9.39       1.45     $ 3,108  
Granted
    169,800       7.20                  
Issued and released
    (51,566 )     9.99                  
Forfeited
    (123,196 )     9.39                  
Unvested at July 3, 2016
    585,871     $ 8.71       1.34     $ 4,570  
Vested and expected to vest, July 3, 2016
    486,294               1.23       3,793  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Three Months Ended
 
 
 
July 3, 2016
 
 
June 28, 2015
 
Expected term of options (years)
    4.5       4.7  
Risk-free interest rate
    1.03
%
    1.2
%
Expected volatility
    34.9
%
    32
%
Expected dividend yield
    -       -  
Weighted average estimated fair value
  $ 2.08     $ 3.08  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended
 
 
 
July 3,
 
 
June 28,
 
 
 
2016
 
 
2015
 
Cost of sales
  $ 114     $ 80  
Research and development
    246       294  
Selling, general and administrative
    733       1,349  
Total stock-based compensation expense
  $ 1,093     $ 1,723  
Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]
 
 
July 3, 2016
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
Remaining
 
 
 
Amount
 
 
Recognition
 
 
 
(in thousands)
 
 
Period (in years)
 
Options
  $ 6,402       2.69  
RSUs
    1,635       1.50  
PRSUs
    495       2.22  
Total unrecognized stock-based compensation expense
  $ 8,532