Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Employee Benefit Plans (Tables)

v3.4.0.3
Stock-Based Compensation and Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
The Company recognized stock-based compensation in the consolidated statements of operations, based on the department to which the related employee reports, as follows:
 
Three Months Ended March 31,
 
2016
 
2015
 
(in thousands)
Cost of net revenue
$
43

 
$
35

Research and development
3,279

 
2,340

Selling, general and administrative
1,787

 
1,344

 
$
5,109

 
$
3,719

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
A summary of the Company’s restricted stock unit and restricted stock award activity is as follows:
 
Number of Shares
(in thousands)
 
Weighted-Average Grant-Date Fair Value per Share
Outstanding at December 31, 2015
3,642

 
$
9.19

Granted
751

 
14.04

Vested
(471
)
 
9.70

Canceled
(58
)
 
10.56

Outstanding at March 31, 2016
3,864

 
10.06

Schedule of Stock by Class [Table Text Block]
Shares Reserved for Future Issuance
As of March 31, 2016, common stock reserved for future issuance is as follows:
 
Number of Shares
(in thousands)
Stock options outstanding
3,359

Restricted stock units and restricted stock awards outstanding
3,864

Authorized for future grants under 2010 Equity Incentive Plan
6,556

Authorized for future issuance under 2010 Employee Stock Purchase Plan
1,247

Total
15,026