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STOCK PLANS (Tables)
6 Months Ended
Jun. 26, 2016
STOCK PLANS  
Summary of the restricted stock units ("RSUs") activity

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average Grant

 

 

 

 

Date Fair

 

    

 

    

Value

Nonvested — December 27, 2015

 

153,880

 

$

29.83

Granted

 

124,690

 

$

10.62

Vested

 

(67,080)

 

$

30.90

Forfeited

 

(3,250)

 

$

16.49

Nonvested — June 26, 2016

 

208,240

 

$

18.19

 

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

The following table summarizes the stock appreciation rights (“SARs”) activity during the six months ended June 26, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

Aggregate

 

 

 

 

 

Average

 

Intrinsic Value

 

 

    

SARs

    

Exercise Price

    

(in thousands)

 

Outstanding December 27, 2015

 

320,125

 

$

73.49

 

$

 —

 

Forfeited

 

(50)

 

$

27.60

 

 

 

 

Expired

 

(8,225)

 

$

83.46

 

 

 

 

Outstanding June 26, 2016

 

311,850

 

$

73.24

 

$

 —

 

 

Summary of stock-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended

 

Six Months Ended

 

 

 

June 26,

 

June 28,

 

June 26,

 

June 28,

 

(in thousands)

 

2016

 

2015

 

2016

 

2015

 

Stock-based compensation expense

    

$

383

    

$

538

    

$

1,757

 

$

2,252