v3.19.2
Stockholders’ Equity (Tables)
 6 Months Ended
Jun. 29, 2019
Equity [Abstract]  
Summary of Stock-based Compensation in Accompanying Consolidated Statements of Operations
The following table summarizes stock-based compensation in our accompanying condensed consolidated statements of operations (in thousands). During the three and six months ended June 29, 2019, we recorded an additional $3.9 million of stock compensation associated with the wind down of our Figure 8 business in research and development expense on the accompanying condensed consolidated statements of operations. Please refer to Note 5 for further information.
 
Three Months Ended
 
Six Months Ended
 
June 29, 2019
 
June 30, 2018
 
June 29, 2019
 
June 30, 2018
 
 
 
 
 
 
 
 
Cost of revenue
$
112

 
$
68

 
$
210

 
$
132

Selling and marketing
637

 
722

 
1,272

 
1,196

Research and development
5,144

 
1,220

 
6,560

 
2,029

General and administrative
1,389

 
2,978

 
3,294

 
5,343

   Total stock-based compensation
$
7,282

 
$
4,988

 
$
11,336

 
$
8,700
Summary of Stock Option and RSU Activity
A summary of stock option, RSU and PSU activity for the six months ended June 29, 2019 was as follows (in thousands for shares and intrinsic value):
 
 
 
 
 
 
 
 
 
Restricted Stock Units
 
Shares
 
Weighted-Average Remaining Contractual Term (Years)
 
Weighted-Average Exercise Price
 
Aggregate Intrinsic Value
 
Shares
 
Weighted-Average Grant Date Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding as of December 29, 2018
3,524

 
5.84
 
$
9.13

 
$
37,477

 
2,123

 
$
15.40

Granted(1)
—

 
 
 
$
—

 
 
 
1,114

 
$
20.25

Settled (RSUs and PSUs)
—

 
 
 


 
 
 
(384
)
 
$
13.52

Exercised
(292
)
 
 
 
$
5.80

 
 
 


 


Canceled and forfeited
(43
)
 
 
 
$
10.69

 
 
 
(441
)
 
$
18.34

Outstanding as of June 29, 2019
3,189

 
5.55
 
$
9.41

 
$
10,374

 
2,412

 
$
17.40

Vested and exercisable as of June 29, 2019
2,447

 
4.90
 
$
8.51

 
$
9,559

 
N/A
 
N/A
____________________________
(1) For RSUs, includes time-based and performance-based
Schedule of Stock by Class
As of June 29, 2019, we had reserved the following shares of common stock for future issuance in connection with the following (in thousands):
 
June 29, 2019
Options issued and outstanding
3,189

Restricted stock units issued and outstanding
2,412

Common stock available for stock-based award grants under incentive award plans
3,411

Common stock available for conversion of Series A Redeemable Convertible Preferred Stock
5,183

Total
14,195