EMPLOYEE BENEFIT PLANS

9 Months Ended

Sep. 28, 2019

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation Plans. The following table summarizes stock options and stock appreciation rights activity during the Third 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 June 29, 2019	574		$	75.87	3.0	$	—
Granted	—		—
Exercised	—		—			—
Forfeited or expired	(57	)	75.87
Outstanding at September 28, 2019	517		75.87		2.8	—
Exercisable at September 28, 2019	517		$	75.87	2.8	$	—

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 September 28, 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 Third 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 September 28, 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	0.5	33	$	38.40
$55.04 - $83.83	64	81.40		1.6	64	81.40
$95.91 - $131.46	87	128.04		2.5	87	128.04
Total	184	$	95.63	1.8	184	$	95.63



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	187	$	42.46	4.1	187	$	42.46
$55.04 - $83.83	80	78.96		2.8	80	78.96
$95.91 - $131.46	66	111.90		1.9	66	111.90
Total	333	$	64.93	3.4	333	$	64.93

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



Restricted Stock Units and Performance Restricted Stock Units	Number of Shares		Weighted-Average Grant Date Fair Value Per Share
	(in Thousands)
Nonvested at June 29, 2019	2,508		$	15.37
Granted	—		—
Vested	(29	)	17.99
Forfeited	(29	)	14.56
Nonvested at September 28, 2019	2,450		$	15.35

The total fair value of restricted stock units vested during the Third Quarter was approximately $0.3 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.