EMPLOYEE BENEFIT PLANS

6 Months Ended

Jul. 04, 2020

Share-based Payment Arrangement [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 April 4, 2020	444		$	77.78	2.4	$	—
Granted	—		—
Exercised	—		—			—
Forfeited or expired	(16	)	74.09
Outstanding at July 4, 2020	428		77.92		2.2	—
Exercisable at July 4, 2020	428		$	77.92	2.2	$	—

The aggregate intrinsic value shown in the table above is before income taxes and is based on the exercise price for outstanding and exercisable options/rights at July 4, 2020.

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 July 4, 2020:



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)
$55.04 - $82.55	55	$	81.23	0.7	55	$	81.23
$83.83 - $125.75	4	83.83		0.1	4	83.83
$127.84 - $191.75	82	128.05		1.5	82	128.05
Total	141	$	108.50	1.2	141	$	108.50



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	167	$	41.77	3.4	167	$	41.77
$55.04 - $82.55	59	77.98		2.4	59	77.98
$83.83 - $125.75	61	105.77		1.2	61	105.77
Total	287	$	62.87	2.7	287	$	62.87

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 April 4, 2020	2,072		$	15.34
Granted	1,078		3.74
Vested	(848	)	14.99
Forfeited	(325	)	11.90
Nonvested at July 4, 2020	1,977		$	9.70

The total fair value of restricted stock units vested during the Second Quarter was approximately $3.1 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.