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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 01, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock based compensation expense
The stock-based compensation expense included in the Company's consolidated financial statements for the three and nine months ended October 1, 2017 and October 2, 2016 was as follows (in thousands):
 
 
Three Months Ended
 
Nine Months Ended
 
October 1,
2017
 
October 2,
2016
 
October 1,
2017
 
October 2,
2016
Cost of revenue
$
32

 
$
34

 
$
85

 
$
119

Research and development
151

 
137

 
424

 
603

Selling, general and administrative
212

 
286

 
551

 
736

Total costs and expenses
$
395

 
$
457

 
$
1,060

 
$
1,458

Summary of the activity in the shares available for grant under the 2009 plan
The following table summarizes the activity in the shares available for grant under the 2009 Plan during the nine months ended October 1, 2017:
 
 
Shares
Available for Grant
 
(in thousands)
Balance at January 1, 2017
2,632

Authorized
1,500

Options forfeited or expired
942

RSUs granted
(1,737
)
RSUs forfeited or expired
240

Balance at October 1, 2017
3,577

Summary of stock options outstanding and stock option activity under the 1999 plan and the 2009 plan, and the related weighted average exercise price
The following table summarizes stock options outstanding and stock option activity under the 2009 Plan, and the related weighted average exercise price, for the nine months of 2017:
 
 
Number of Shares
 
Weighted
Average Exercise
Price
 
Weighted
Average
Remaining Term
 
Aggregate
Intrinsic Value
 
(in thousands)
 
 
 
(in years)
 
(in thousands)
Balance outstanding at January 1, 2017
4,979

 
$
2.35

 
 
 
 
Forfeited or expired
(942
)
 
$
2.61

 
 
 
 
Exercised
(62
)
 
$
1.33

 
 
 
 
Balance outstanding at October 1, 2017
3,975

 
$
2.30

 
4.12
 
$
880

Exercisable at October 1, 2017
3,345

 
$
2.53

 
3.26
 
$
422

Vested and expected to vest at October 1, 2017
3,838

 
$
2.35

 
3.95
 
$
774

Summary of activity for RSUs and PRSUs
A summary of activity for the Company's RSUs and PRSUs for the nine months ended October 1, 2017 and information regarding RSUs and PRSUs outstanding and expected to vest as of October 1, 2017 is as follows:

 
RSUs & PRSUs Outstanding
 
Number of Shares
 
Weighted Average
Grant Date Fair Value
 
(in thousands)
 
 
Nonvested at January 1, 2017
1,370

 
$
1.68

Granted
1,737

 
1.40

Vested
(357
)
 
1.33

Forfeited
(240
)
 

Nonvested at October 1, 2017
2,510

 
$
1.55

Summary of the fair value of rights issued pursuant to ESPP
The fair value of rights issued pursuant to the Company's 2009 ESPP was estimated on the commencement date of each offering period using the following weighted average assumptions:
 
 
Three Months Ended
 
Nine Months Ended
 
October 1,
2017
 
October 2,
2016
 
October 1,
2017
 
October 2,
2016
Expected term (months)
6.00

 
6.08

 
6.00

 
6.08

Risk-free interest rate
1.02
%
 
0.40
%
 
1.02
%
 
0.40
%
Volatility
49.71
%
 
54.31
%
 
49.71
%
 
54.31
%
Dividend yield