STOCK PLANS (Tables)

3 Months Ended

Mar. 26, 2017

STOCK PLANS

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

		Weighted
		Average Grant
		Date Fair
		Value
Nonvested — December 25, 2016	204,145	$	18.17
Granted	151,905	$	11.50
Vested	(113,266)	$	21.13
Forfeited	(270)	$	23.40
Nonvested — March 26, 2017	242,514	$	12.60

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

The following table summarizes the stock appreciation rights (“SARs”) activity during the three months ended March 26, 2017: 

		Weighted		Aggregate
		Average		Intrinsic Value
	SARs	Exercise Price		(in thousands)
Outstanding December 25, 2016	292,750	$	50.29	$	—
Expired	(1,850)	$	108.78
Outstanding March 26, 2017	290,900	$	49.92	$	—

Summary of stock-based compensation expense

	Three Months Ended
	March 26,		March 27,
(in thousands)	2017		2016
Stock-based compensation expense	$	1,029	$	1,374