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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 26, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Stock-Based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 26,

 

September 27,

 

September 26,

 

September 27,

(in thousands)

2015

 

2014

 

2015

 

2014

Cost of revenues

$

266 

 

$

226 

 

$

803 

 

$

681 

Research and development, net

 

2,266 

 

 

1,990 

 

 

7,510 

 

 

6,540 

Selling, general and administrative

 

2,658 

 

 

3,012 

 

 

9,681 

 

 

9,113 

Total

$

5,190 

 

$

5,228 

 

$

17,994 

 

$

16,334 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Activity Under Option Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of options

 

Weighted average exercise price per share

 

 

Weighted average remaining contractual term (years)

 

 

Aggregate intrinsic value

Outstanding, December 27, 2014

 

18,316,720 

 

$

7.53 

 

 

4.41 

 

$

32,598,999 

Granted

 

847,892 

 

$

6.73 

 

 

 

 

 

 

Exercised

 

(4,017,595)

 

$

6.66 

 

 

 

 

 

 

Forfeited

 

(136,344)

 

$

6.55 

 

 

 

 

 

 

Expired

 

(1,025,118)

 

$

9.48 

 

 

 

 

 

 

Outstanding, September 26, 2015

 

13,985,555 

 

$

7.60 

 

 

4.27 

 

$

2,734,065 

Vested and expected to vest, September 26, 2015

 

13,731,955 

 

$

7.62 

 

 

4.18 

 

$

2,722,645 

Exercisable, September 26, 2015

 

12,046,856 

 

$

7.75 

 

 

3.53 

 

$

2,509,015 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

September 26,

 

September 27,

 

 

 

2015

 

2014

Expected life (years)

 

 

5.9 

 

5.8 

Expected volatility

 

 

30% 

 

33% 

Risk-free interest rate

 

 

1.8% 

 

1.8% 

 

 

 

 

 

 

 

Summary Of RSU Activity

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

Weighted Average Remaining Contractual Term (years)

 

 

Aggregate intrinsic value

Unvested units at December 27, 2014

 

7,368,529 

 

 

1.73 

 

$

67,200,984 

Awarded

 

3,492,249 

 

 

 -

 

 

 —

Released

 

(2,242,344)

 

 

 -

 

 

 —

Forfeited

 

(712,317)

 

 

 -

 

 

 —

Unvested units at September 26, 2015

 

7,906,117 

 

 

1.83 

 

$

50,361,965 

Restricted Stock Units expected to vest at September 26, 2015

 

6,784,932 

 

 

1.73 

 

$

43,220,018 

 

 

 

 

 

 

 

 

 

 

2011 Employee Stock Purchase Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Fair Value Weighted Average Assumptions

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

September 26,

 

September 27,

 

 

 

2015

 

2014

Expected life (years)

 

 

0.5 

 

0.5 

Expected volatility

 

 

34% 

 

35% 

Risk-free interest rate

 

 

0.2% 

 

0.1%