Stock-Based Compensation

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The Company has stock-based compensation plans under which employees and non-employee directors may be granted stock-based awards such as stock options, restricted stock, RSUs, and PSUs.

The following table provides stock-based compensation by the financial statement line item in which it is reflected:



	Three Months Ended						Nine Months Ended
	September 30, 2017			September 24, 2016			September 30, 2017			September 24, 2016
	(in thousands)
Cost of revenue	$	1,700		$	1,608		$	4,989		$	4,957
Selling, general and administrative	9,826			8,992			27,913			27,690
Stock-based compensation, before income taxes	11,526			10,600			32,902			32,647
Provision for income taxes	(4,099		)	(3,785		)	(11,683		)	(11,653		)
Stock-based compensation, net of income taxes	$	7,427		$	6,815		$	21,219		$	20,994

During the nine months ended September 30, 2017, the Company granted stock options representing 0.6 million common shares with a per-share weighted-average grant date fair value of $18.30, RSUs representing 0.2 million common shares with a per-share weighted-average grant date fair value of $88.52, and PSUs representing 0.2 million common shares with a per-share weighted-average grant date fair value of $99.24. The maximum number of common shares to be issued upon vesting of PSUs granted during the nine months ended September 30, 2017 is 0.4 million.