7. STOCK PLANS

Stock Plans Activity

The following table summarizes the restricted stock units (“RSUs”) activity during the six months ended June 29, 2014:

		Weighted Average
	RSUs	Grant Date Fair Value
Nonvested - December 29, 2013	1,231,650	$2.50
Granted	706,950	$4.82
Vested	(486,150)	$2.66
Forfeited	(30,300)	$2.53
Nonvested - June 29, 2014	1,422,150	$3.60

The total fair value of the RSUs that vested during the six months ended June 29, 2014, was $2.6 million.

The following table summarizes the stock appreciation rights (“SARs”) activity during the six months ended June 29, 2014:

			Weighted	Aggregate
			Average	Intrinsic
	Options/		Exercise	Value
	SARs		Price	(in thousands)
Outstanding December 29, 2013	6,110,500		$9.69	$2,384
Exercised	(568,250	)	$3.07	$1,198
Forfeited	(63,500	)	$3.39
Expired	(296,500	)	$30.84
Outstanding June 29, 2014	5,182,250		$9.28	$10,205

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 June 29, 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, are as follows:

	Quarters Ended				Six Months Ended
	June 29,		June 30,		June 29,		June 30,
(in thousands)	2014		2013		2014		2013
Stock-based compensation expense	$	627	$	635	$	1,574	$	1,738