STOCK-BASED COMPENSATION

9 Months Ended

Sep. 27, 2020

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

For the three months ended September 27, 2020 and September 29, 2019, we recognized total stock-based compensation gain of $1.7 million and expense $2.1 million, respectively. For the three months ended September 27, 2020 and September 29, 2019, the total income tax expense and benefit recognized for stock-based compensation arrangements was $0.4 million and $0.5 million, respectively.

For the nine months ended September 27, 2020 and September 29, 2019, we recognized total stock-based compensation expense of $2.2 million and $7.3 million, respectively. For the nine months ended September 27, 2020 and September 29, 2019, the total income tax benefit recognized for stock-based compensation arrangements was $0.6 million and $1.8 million, respectively.

During the nine months ended September 27, 2020, we granted 316,460 performance-based restricted stock units at a grant date price of $30.94 per unit. These awards will convert to time-vesting restricted stock units in the first quarter of 2021 if or when the Compensation Committee of the Company's Board of Directors certifies the achievement of 2020 performance targets. Once converted to time-vesting restricted stock units, the awards will vest ratably on December 31, 2021, December 31, 2022, and December 31, 2023. We also granted 13,630 event-based restricted stock units at a grant date price of $22.01 per unit to the nonemployee members of the Company's Board of Directors. The awards granted to each director will vest in full upon the director's termination of service with the Board of Directors.