EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 29, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Plans. The following table summarizes stock options and stock appreciation rights activity during the Second Quarter:



Stock Options and Stock Appreciation Rights	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
	(in Thousands)				(in Years)	(in Thousands)
Outstanding at March 30, 2019	1,035		$	59.95	2.0	$	—
Granted	—		—
Exercised	—		—			—
Forfeited or expired	(461	)	40.13
Outstanding at June 29, 2019	574		75.87		3.0	—
Exercisable at June 29, 2019	558		$	77.20	3.0	$	—

The aggregate intrinsic value shown in the table above is before income taxes and is based on (i) the exercise price for outstanding and exercisable options/rights at June 29, 2019 and (ii) the fair market value of the Company’s common stock on the exercise date for options/rights that were exercised during the Second Quarter.

Stock Options and Stock Appreciation Rights Outstanding and Exercisable. The following tables summarize information with respect to stock options and stock appreciation rights outstanding and exercisable at June 29, 2019:



Stock Options Outstanding					Stock Options Exercisable
Range of Exercise Prices	Number of Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Number of Shares	Weighted- Average Exercise Price
	(in Thousands)			(in Years)	(in Thousands)
$29.49 - $47.99	33	$	38.40	0.7	33	$	38.40
$55.04 - $83.83	65	81.39		1.8	65	81.39
$95.91 - $131.46	95	128.02		2.5	95	128.02
Total	193	$	96.88	1.9	193	$	96.88



Stock Appreciation Rights Outstanding					Stock Appreciation Rights Exercisable
Range of Exercise Prices	Number of Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Number of Shares	Weighted- Average Exercise Price
	(in Thousands)			(in Years)	(in Thousands)
$29.49 - $47.99	214	$	43.13	3.9	198	$	44.24
$55.04 - $83.83	96	78.68		2.7	96	78.68
$95.91 - $131.46	71	113.13		2.0	71	113.13
Total	381	$	65.19	3.3	365	$	66.76

Restricted Stock Units and Performance Restricted Stock Units. The following table summarizes restricted stock unit and performance restricted stock unit activity during the Second Quarter:



Restricted Stock Units and Performance Restricted Stock Units	Number of Shares		Weighted-Average Grant Date Fair Value Per Share
	(in Thousands)
Nonvested at March 30, 2019	2,478		$	16.48
Granted	1,001		13.01
Vested	(858	)	16.11
Forfeited	(113	)	14.14
Nonvested at June 29, 2019	2,508		$	15.37

The total fair value of restricted stock units vested during the Second Quarter was approximately $11.2 million. Vesting of performance restricted stock units is based on achievement of operating margin growth and achievement of sales growth and operating margin targets in relation to the performance of a certain identified peer group.