6. STOCK PLANS

Stock Plans Activity

The following table summarizes the restricted stock units (“RSUs”) activity during the quarter ended March 30, 2014:

			Weighted Average
	RSUs		Grant Date Fair Value
Nonvested - December 29, 2013	1,231,650		$2.50
Granted	698,250		$4.08
Vested	(478,550	)	$2.67
Forfeited	(15,600	)	$2.46
Nonvested - March 30, 2014	1,435,750		$3.57

The total fair value of the RSUs that vested during the quarter ended March 30, 2014, was $2.5 million.

The following table summarizes the stock appreciation rights (“SARs”) activity during the quarter ended March 30, 2014:

			Weighted	Aggregate
			Average	Intrinsic
	Options/		Exercise	Value
	SARs		Price	(in thousands)
Outstanding December 29, 2013	6,110,500		$9.69	$2,384
Exercised	(443,000	)	$3.07	$841
Forfeited	(36,750	)	$3.55
Expired	(43,500	)	$11.47
Outstanding March 30, 2014	5,587,250		$10.24	$13,202

Stock-Based Compensation

All stock-based payments, including grants of stock appreciation rights, restricted stock units and common stock under equity incentive plans, are recognized in the financial statements based on their grant date fair values. At March 30, 2014, we had three stock-based compensation plans. Stock-based compensation expenses are reported in the compensation line item in the condensed consolidated statements of operations. Total stock-based compensation expense for the periods presented in this report is summarized below:

	Quarters Ended
	March 30,		March 31,
(in thousands)	2014		2013
Stock-based compensation expense	$	973	$	1,129