The following table details our stock option activity for the first quarter of fiscal 2020 (dollars in thousands, except per share data):

The following table details the activity in our non-vested performance share long-term incentive awards (LTIAs) for the first quarter of 2020:

(1)	Solely for purposes of this table, the number of performance shares is based on the participants earning the maximum number of performance shares (i.e., 200% of the target number of performance shares).

(2)

The fair value of the awards was determined based upon the closing price of our common stock on the applicable measurement dates (i.e., the deemed grant dates for accounting purposes), reduced by the present value of expected dividends using the risk-free interest-rate, as the award holders are not entitled to dividends or dividend equivalents during the vesting period.

The following table details the activity in our restricted stock for the first quarter of 2020:


		Weighted Average
	Number of Shares	Grant Date Fair Value
	of Restricted Stock	(per share)⁽¹⁾
Outstanding at December 28, 2019	32,059	$	24.33
Granted	75,848	$	16.50
Vested	—	$	—
Forfeited	—	$	—
Outstanding at March 28, 2020	107,907	$	18.83

(1)	The fair value of the awards was determined based upon the closing price of our common stock on the applicable measurement dates (i.e., the deemed grant dates for accounting purposes).

The following table details the number of shares of common stock issued by our company during the first quarter of 2020 and 2019 upon the vesting of performance share LTIAs, the exercise of stock options, the issuance of restricted stock and other share-based payments:


	Thirteen Weeks Ended
	March 28,		March 30,
	2020		2019
Number of performance shares vested		—		102,893
Shares withheld to fund statutory minimum tax withholding		—		(36,965)
Shares of common stock issued for performance share LTIAs		—		65,928
Shares of restricted common stock issued to employees		75,848		—
Total shares of common stock issued		75,848		65,928

The following table sets forth the compensation expense recognized for share-based payments (performance share LTIAs, restricted stock, stock options, non-employee director stock grants and other share based payments) during the first quarter of 2020 and 2019 and where that expense is reflected in our consolidated statements of operations (in thousands):


	Thirteen Weeks Ended
	March 28,		March 30,
Consolidated Statements of Operations Location	2020		2019
Compensation expense included in cost of goods sold	$	17	$	173
Compensation expense included in selling, general and administrative expenses		406		407
Total compensation expense for share-based payments	$	423	$	580

During the first quarter of 2020, we recognized an additional pre-tax share-based compensation expense of less than $0.1 million, which is reflected in the table above, relating to the extension of the post-retirement exercise period for 83,759 vested options held by an executive officer who retired in March 2020. As previously disclosed, the post-retirement exercise period was extended in accordance with the executive officer’s retirement agreement from 180 days after the retirement date to the earlier of three years after the retirement date and the then current expiration date of the options.

As of March 28, 2020, there was $2.1 million of unrecognized compensation expense related to performance share LTIAs, which is expected to be recognized over the next 2.8 years, $1.6 million of unrecognized compensation expense related to restricted stock, which is expected to be recognized over the next 2.7 years, and $0.4 million of unrecognized compensation expense related to stock options, which is expected to be recognized over the next 0.9 years.