INCENTIVE COMPENSATION (Tables)

12 Months Ended

Dec. 30, 2018

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

Schedule of Awards

The following awards were outstanding during 2018:

Award Type	Benefit Plan	Awards Granted	Grant Date	Grant Date Fair Value per Award(a)	Vesting Condition	Vesting Date	Awards Forfeited to Date		Settlement Method
RSU	LTIP	389,424	01/19/2017	18.38	Performance / Service	(b)	389,424	(b)	Stock
RSU	LTIP	410,000	02/14/2018	25.59	Service	01/01/2019	—		Stock
RSU	LTIP	163,764	03/01/2018	24.93	Service	(c)	12,107		Stock
RSU	LTIP	266,478	03/01/2018	24.93	Performance / Service	(d)	32,452		Stock
RSU	LTIP	11,144	05/10/2018	21.54	(e)	(e)	—		Stock
RSU	LTIP	262,500	12/18/2018	16.06	Service	07/01/2019	—		Stock

(a) The fair value of each RSU granted or vested represents the closing price of the Company’s common stock on the respective grant date or vesting date.

(b) Performance conditions associated with these awards were not satisfied. Therefore, 100% of the awards were forfeited during 2018.

(c) These restricted stock units vest in ratable tranches on December 31, 2018, December 31, 2019 and December 31, 2020. Expected compensation cost related to these units totals $4.1 million based on a closing stock price for the Company’s common stock of $24.93 per share on March 1, 2018. Compensation cost will be amortized to profit/loss over the remaining vesting period.

(d) If performance conditions related to the Company's 2018 operating results are satisfied, these restricted stock units vest in ratable tranches on December 31, 2019, December 31, 2020 and December 31, 2021. Expected compensation cost related to these units before considering the impact of individual participant forfeitures totals $6.6 million based on a closing stock price for the Company's common stock of $24.93 per share on March 1, 2018. Compensation cost will be amortized to profit/loss upon satisfaction of the performance conditions over the remaining vesting period.

(e) These restricted stock units were granted to the four non-employees who currently serve on the Company's Board of Directors. Each participating director's units will vest upon his departure from the Company's Board of Directors. Compensation cost was recognized in profit/loss upon the grant date.

Schedule of Compensation Cost and Income Tax Benefit

Compensation costs and the income tax benefit recognized for our share-based compensation arrangements are included below:

	2018		2017		2016
	(In thousands)
Share-based compensation cost:
Cost of sales	$	389	$	256	$	770
Selling, general and administrative expenses	12,764		2,763		5,332
Total	$	13,153	$	3,019	$	6,102
Income tax benefit	$	3,202	$	1,006	$	1,858

Schedule of RSU Activity

The Company’s RSU activity is included below:

	2018				2017				2016
	Number		Weighted Average Grant Date Fair Value		Number		Weighted Average Grant Date Fair Value		Number		Weighted Average Grant Date Fair Value
	(In thousands, except weighted average fair values)
Outstanding at beginning of year	389		$	18.39	906		$	20.00	774		$	18.78
Granted	1,114		23.05		461		18.72		325		24.35
Vested	—		—		(714	)	18.09		—		—
Forfeited	(434	)	19.06		(264	)	25.33		(193	)	24.51
Outstanding at end of year	1,069		$	22.97	389		$	18.39	906		$	20.00