Honey Pecan Popcorn

3 qts. popped popcorn (no kernels)
2 cups pecan halves
1/2 cup honey
1/2 cup butter or margarine
1 tsp vanilla
Preheat oven to 350 degrees F. Combine popcorn and nuts in large heat-proof bowl: set aside. Combine butter, honey, and vanilla in small saucepan. Cook over medium heat until better 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.