Share-Based Compensation

3 Months Ended

Mar. 29, 2013

Share-Based Compensation

10. Share-Based Compensation

The table below summarizes activities relating to restricted stock units issued and outstanding under the 2010 Incentive Award Plan during the three months ended March 29, 2013:

	Restricted Stock Units (In thousands)			Weighted Average Grant Date Fair Value
Unvested at December 31, 2012		804		$	10.90
Granted		384		$	9.73
Vested		(190	)	$	11.83
Forfeited		—			—
Unvested at March 29, 2013		998		$	10.27
Expected to vest as of March 29, 2013		976

The total fair value of restricted stock units that vested during the three months ended March 29, 2013 was $2.2 million based on the market price of the underlying stock on the day of vesting.

Share-Based Compensation Expense

The table below summarizes share-based compensation expense recorded in the consolidated statement of operations under the 2010 Incentive Award Plan (in thousands):

	Three Months Ended
	March 29, 2013		March 30, 2012
Selling, general and administrative	$	1,483	$	1,251
Research and development and engineering		34		18
Cost of sales		27		13
Total share-based compensation expense	$	1,544	$	1,282

The expense recorded during each of the three months ended March 29, 2013 and March 30, 2012 includes $0.5 million related to deferred stock units granted to the members of the Company’s Board of Directors, pursuant to the Company’s 2010 Incentive Award Plan. The expense associated with the respective deferred stock units was recognized in full on the respective date of grant, as the deferred stock units were fully vested and nonforfeitable on the date of grant.