Honey Pecan Popcorn

3 quarts popped popcorn (no kernels)
2 cups pecan halves
1/2 cup honey
1/2 cup butter or margarine
1 teaspoon vanilla extract

Heat oven to 350 degrees F.

Combine popcorn and nuts in large heat-proof bowl; set aside.

Combine butter, honey and vanilla extract in small saucepan. Cook over medium heat until butter melts. Pour honey mixture over popcorn mixture. Stir until combined. Divide mixture and place on 2 baking sheets. Bake 15 minutes, stirring every 5 minutes, until light golden brown.