Benefit Plans (Tables)
| 9 Months Ended |
|---|
Sep. 30, 2011 |
|---|
| Benefit Plans [Abstract] | |
| Summary of share-based award activity |
| |
|
|
|
|
| |
|
Shares Available for Grant |
|
| |
|
(In thousands) |
|
|
Balance at December 31, 2010
|
|
|
10,449 |
|
|
Options granted
|
|
|
(913 |
) |
|
Restricted stock units granted
|
|
|
(2,784 |
) |
|
Options cancelled
|
|
|
556 |
|
|
Restricted stock units cancelled
|
|
|
951 |
|
|
Options expired
|
|
|
40 |
|
| |
|
|
|
|
|
Balance at September 30, 2011
|
|
|
8,299 |
|
| |
|
|
|
|
|
| Restricted stock unit activity under the Plans |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
RSU’s Outstanding |
|
|
Weighted Average Fair Value Per Share |
|
|
Aggregate Fair
Value (1) |
|
| |
|
(In thousands, except per share data) |
|
|
Balance at December 31, 2010
|
|
|
4,507 |
|
|
$ |
6.43 |
|
|
|
|
|
|
Restricted stock units granted
|
|
|
1,856 |
|
|
|
9.03 |
|
|
|
|
|
|
Restricted stock units vested
|
|
|
(1,212 |
) |
|
|
6.40 |
|
|
$ |
9,846 |
|
|
Restricted stock units cancelled
|
|
|
(1,095 |
) |
|
|
7.00 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at September 30, 2011
|
|
|
4,056 |
|
|
|
7.47 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
Represents the fair value of Harmonic common stock on the date that each of the restricted stock units vested. On the grant date, the fair value for these awards was
$7.8 million. |
|
| Stock option activity under the Plans |
| |
|
|
|
|
|
|
|
|
| |
|
Stock Options Outstanding |
|
|
Weighted Average Exercise Price Per Option |
|
| |
|
(In thousands, except per option data) |
|
|
Balance at December 31, 2010
|
|
|
11,020 |
|
|
$ |
6.90 |
|
|
Options granted
|
|
|
913 |
|
|
|
9.20 |
|
|
Options exercised
|
|
|
(1,748 |
) |
|
|
6.26 |
|
|
Options cancelled
|
|
|
(721 |
) |
|
|
7.83 |
|
|
Options expired
|
|
|
(404 |
) |
|
|
9.25 |
|
| |
|
|
|
|
|
|
|
|
|
Balance at September 30, 2011
|
|
|
9,060 |
|
|
|
7.08 |
|
| |
|
|
|
|
|
|
|
|
|
Options vested and exercisable at September 30, 2011
|
|
|
6,592 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Options vested and expected-to-vest at September 30, 2011
|
|
|
8,955 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Stock options outstanding |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Stock Options Outstanding |
|
|
Stock Options Exercisable |
|
| |
|
Number Outstanding at September 30, 2011 |
|
|
Weighted Average Remaining Contractual Life (In Years) |
|
|
Weighted Average Exercise Price Per Option |
|
|
Number Exercisable at September 30, 2011 |
|
|
Weighted Average Exercise Price Per Option |
|
| |
|
(In thousands, except per option data) |
|
|
Range of Exercise Prices
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.19 - 4.80
|
|
|
1,332 |
|
|
|
6.3 |
|
|
$ |
2.61 |
|
|
|
765 |
|
|
$ |
2.60 |
|
|
4.84 - 5.87
|
|
|
1,636 |
|
|
|
3.2 |
|
|
|
5.70 |
|
|
|
1,293 |
|
|
|
5.70 |
|
|
5.88 - 8.12
|
|
|
1,032 |
|
|
|
4.6 |
|
|
|
6.65 |
|
|
|
558 |
|
|
|
6.72 |
|
|
8.17 - 8.17
|
|
|
1,845 |
|
|
|
3.4 |
|
|
|
8.17 |
|
|
|
1,569 |
|
|
|
8.17 |
|
|
8.20 - 8.65
|
|
|
1,297 |
|
|
|
2.4 |
|
|
|
8.25 |
|
|
|
1,286 |
|
|
|
8.25 |
|
|
8.69 - 9.69
|
|
|
1,336 |
|
|
|
4.8 |
|
|
|
9.39 |
|
|
|
542 |
|
|
|
9.04 |
|
|
9.74 - 13.67
|
|
|
582 |
|
|
|
1.0 |
|
|
|
10.55 |
|
|
|
579 |
|
|
|
10.55 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
9,060 |
|
|
|
3.8 |
|
|
$ |
7.08 |
|
|
|
6,592 |
|
|
$ |
7.21 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation costs |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three months ended |
|
|
Nine months ended |
|
| |
|
September 30, 2011 |
|
|
October 1, 2010 |
|
|
September 30, 2011 |
|
|
October 1, 2010 |
|
| |
|
(In thousands) |
|
|
Employee stock-based compensation in:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue
|
|
$ |
843 |
|
|
$ |
516 |
|
|
$ |
2,352 |
|
|
$ |
1,521 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development expense
|
|
|
1,658 |
|
|
|
1,169 |
|
|
|
5,265 |
|
|
|
3,435 |
|
|
Selling, general and administrative expense
|
|
|
2,504 |
|
|
|
1,833 |
|
|
|
8,482 |
|
|
|
5,224 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total employee stock-based compensation in operating expense
|
|
|
4,162 |
|
|
|
3,002 |
|
|
|
13,747 |
|
|
|
8,659 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total employee stock-based compensation
|
|
|
5,005 |
|
|
|
3,518 |
|
|
|
16,099 |
|
|
|
10,180 |
|
|
Amount capitalized in inventory
|
|
|
— |
|
|
|
(14 |
) |
|
|
— |
|
|
|
11 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total stock-based compensation
|
|
$ |
5,005 |
|
|
$ |
3,504 |
|
|
$ |
16,099 |
|
|
$ |
10,191 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average assumptions of fair value option grants |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Employee Stock Options |
|
| |
|
Three months ended |
|
|
Nine months ended |
|
| |
|
September 30, 2011 |
|
|
October 1, 2010 |
|
|
September 30, 2011 |
|
|
October 1, 2010 |
|
|
Expected life (in years)
|
|
|
4.75 |
|
|
|
3.52 |
|
|
|
4.75 |
|
|
|
4.00 |
|
|
Volatility
|
|
|
53 |
% |
|
|
55 |
% |
|
|
54 |
% |
|
|
56 |
% |
|
Risk-free interest rate
|
|
|
1.2 |
% |
|
|
1.1 |
% |
|
|
2.0 |
% |
|
|
1.6 |
% |
|
Dividend yield
|
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
| |
|
| |
|
Employee Stock Purchase Plan Awards |
|
| |
|
Three months ended |
|
|
Nine months ended |
|
| |
|
September 30, 2011 |
|
|
October 1, 2010 |
|
|
September 30, 2011 |
|
|
October 1, 2010 |
|
|
Expected life (in years)
|
|
|
0.50 |
|
|
|
0.50 |
|
|
|
0.50 |
|
|
|
0.50 |
|
|
Volatility
|
|
|
46 |
% |
|
|
43 |
% |
|
|
45 |
% |
|
|
46 |
% |
|
Risk-free interest rate
|
|
|
0.1 |
% |
|
|
0.4 |
% |
|
|
0.2 |
% |
|
|
0.4 |
% |
|
Dividend yield
|
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
|