STOCK PLANS (Tables)

3 Months Ended

Mar. 29, 2015

STOCK PLANS

Summary of the restricted stock units ("RSUs") activity

		Weighted
		Average Grant
		Date Fair
		Value
Nonvested — December 29,2014	1,329,550	$	3.62
Granted	1,201,500	$	2.46
Vested	(355,050)	$	3.96
Forfeited	(1,700)	$	4.11
Nonvested — March 29, 2015	2,174,300	$	2.92

Summary of the stock appreciation rights ("SARs") activity

The following table summarizes the stock appreciation rights (“SARs”) activity during the three months ended March 29, 2015: 

		Weighted		Aggregate
	Options/	Average		Intrinsic Value
	SARs	Exercise Price		(in thousands)
Outstanding December 29,2014	3,848,750	$	9.28	$	1,542
Forfeited	(3,500)	$	3.14
Expired	(4,000)	$	72.95
Outstanding March 29, 2015	3,841,250	$	9.22	$	25

Summary of stock-based compensation expense

	Three Months Ended
	March 29,		March 30,
(in thousands)	2015		2014
Stock-based compensation expense	$	1,714	$	946