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Stock-Based Compensation
 6 Months Ended
Jun. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Stock-Based Compensation

Total stock-based compensation expense recognized in selling, general and administrative expenses in the Company’s statements of operations was $0.8 million and $1.0 million for the three months ended June 28, 2014, and June 29, 2013, respectively and $1.7 million and $2.0 million for the six months ended June 28, 2014, and June 29, 2013, respectively.
 
As of June 28, 2014, there was approximately $1.5 million of total unrecognized compensation cost related to unvested stock-based compensation grants, which is expected to be amortized over a weighted average period of 1.6 years.

Stock Options
A summary of the Company’s outstanding stock options as of and for the six months ended June 28, 2014, is as follows:

 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(In Years)
 
Aggregate
Intrinsic
Value (in thousands)
Outstanding at December 28, 2013
1,778,000

 
$
5.23

 
2.4
 
$
259

Granted                                                       
—

 
—

 
 
 
 
Exercised                                                       
—

 
—

 
 
 
$
—

Forfeited/expired                                               
(75,000
)
 
5.57

 
 
 
 
Outstanding at June 28, 2014
1,703,000

 
$
5.21

 
2.0
 
$
300

Exercisable at June 28, 2014
1,476,500

 
$
5.46

 
1.7
 
$
75



RSUs
A summary of the Company’s non-vested restricted share units ("RSUs") as of and for the six months ended June 28, 2014, is as follows:

 
 
RSUs
 
Weighted Average
Grant Date
Fair Value
Non-vested at December 28, 2013
 
980,750

 
$
3.91

Granted                                               
 
88,236

 
3.06

Vested                                               
 
(529,250
)
 
4.44

Forfeited                                               
 
(625
)
 
5.62

Non-vested at June 28, 2014
 
539,111

 
$
3.24



On May 1, 2014, 88,236 RSUs were issued to certain members of the Company's Board of Directors. The RSUs vest one year from the date of issuance. The fair value of these awards was determined based on the Company's stock price on the date of issuance.
The total fair value of RSUs which vested during the three and six months ended June 28, 2014, was $1.1 million and $1.7 million, respectively.