Stock-Based Compensation

6 Months Ended

Jun. 28, 2014

7.	Stock-Based Compensation

The Company recognized stock-based compensation expense of $1,416,000 and $1,289,000 in the second quarters of 2014 and 2013, respectively, and $2,811,000 and $2,558,000 in the first six months of 2014 and 2013, respectively, within selling, general, and administrative (SG&A) expenses in the accompanying condensed consolidated statement of income. Unrecognized compensation expense related to stock-based compensation totaled approximately $7,036,000 at June 28, 2014, and will be recognized over a weighted average period of 1.8 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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