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INCENTIVE COMPENSATION (Tables)

9 Months Ended

Sep. 28, 2014

INCENTIVE COMPENSATION [Abstract]

Schedule of Awards

The following awards existed during the thirty-nine weeks ended September 28, 2014:

Award Type

Benefit Plan

Award Quantity

Grant Date

Vesting Condition

Vesting Date

Estimated Forfeiture Rate

Settlement Method

RSA

Employment Agreement

100,000

January 14, 2011

Service

January 3, 2014

—

%

Stock

RSA

LTIP

72,675

August 27, 2012

Service

April 27, 2014

—

%

Stock

RSU

LTIP

608,561

February 4, 2013

Service

December 31, 2014

9.66

%

Stock

RSA

LTIP

15,000

February 25, 2013

Service

February 24, 2015

—

%

Stock

RSA

LTIP

15,000

February 25, 2013

Service

February 24, 2016

—

%

Stock

RSU

LTIP

206,933

February 26, 2013

Service

December 31, 2014

—

%

Stock

RSU

LTIP

462,518

February 19, 2014

Service

December 31, 2016

13.49

%

Stock

Schedule of Compensation Cost and Income Tax Benefit

Compensation costs and the income tax benefit recognized for our share-based compensation arrangements are included below:

	Thirteen Weeks Ended								Thirty-Nine Weeks Ended
	September 28, 2014				September 29, 2013				September 28, 2014				September 29, 2013
	(In thousands)
Share-based compensation cost:
Cost of sales	$	60			$	102			$	231			$	255
Selling, general and administrative expense	1,067				711				3,273				2,160
Total	$	1,127			$	813			$	3,504			$	2,415
Income tax benefit	$	156			$	151			$	672			$	488

Schedule of Restricted Share and Restricted Stock Unit Activity

The Company’s RSA and RSU activity is included below:

	Thirty-Nine Weeks Ended September 28, 2014							Thirty-Nine Weeks Ended September 29, 2013
	Number			Weighted Average Grant Date Fair Value				Number			Weighted Average Grant Date Fair Value
	(In thousands, except weighted average fair values)
RSAs:
Outstanding at beginning of period	203			$	6.59			273			$	6.54
Granted	—			—				30			8.72
Vested	(173	)		6.22				(100	)		7.10
Outstanding at end of period	30			$	8.72			203			$	6.59
RSUs:
Outstanding at beginning of period	729			$	8.81			—			$	—
Granted	462			16.70				815			8.82
Vested	—			—				—			—
Forfeited	(71	)		10.34				(72	)		8.89
Outstanding at end of period	1,120			$	11.97			743			$	8.81

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Tabular disclosure of share-based payment arrangement details such as type and scope of agreements, vesting conditions, settlement methods, etc.

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Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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