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STOCK-BASED COMPENSATION
3 Months Ended
Mar. 29, 2020
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION
7.
STOCK-BASED COMPENSATION
 
The Company recorded expense of $4.3 million and $3.9 million for the first quarter ended March 29, 2020 and March 31, 2019, respectively, for its stock-based compensation plans in the condensed consolidated statements of income.
 
The Board approved various stock-based grants under the Company’s 2009 Omnibus Incentive Plan in the first quarter of 2020 totaling 258,800 shares in the aggregate at an average fair value of $54.60 at grant date for a total fair value at grant date of $14.1 million.
 
As of March 29, 2020, there was approximately $29.6 million of total unrecognized compensation cost related to stock-based compensation arrangements granted under incentive plans. That cost is expected to be recognized over a weighted-average period of 19.9 months.