SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Apr. 04, 2014

Summary Of Stock-Based Compensation Expense, Net Of Tax

The following table summarizes stock-based compensation expense related to employee stock-based compensation (for all plans) included in the unaudited Condensed Consolidated Statements of Income for the first quarter of fiscal 2014 and 2013.

	First Quarter of
	2014		2013
(Dollars in thousands)
Cost of sales	$	747	$	600
Research and development	1,477		1,147
Sales and marketing	1,862		1,764
General and administrative	6,026		5,307
Total operating expenses	9,365		8,218
Total stock-based compensation expense	$	10,112	$	8,818

Schedule Of Weighted Average Assumptions Used In Stock Options Granted

For options granted during the first quarter of fiscal 2014 and 2013, the following weighted average assumptions were used:

	First Quarter of
	2014	2013
Expected dividend yield	—	—
Expected stock price volatility	35.4%	40.3%
Risk free interest rate	0.9%	0.6%
Expected life of options	3.8 years	4.1 years