8 c. popped popcorn (about 1/3 cup unpopped, hot air popper works great or microwave plain no oil)
3/4 c. packed brown sugar
6 tbsp. butter
3 tbsp. light corn syrup

Spread popcorn in 9 x 13 pan or larger; set aside. For caramel mixture, in saucepan combine the brown sugar, butter, corn syrup and 1/4 tsp. salt. Cook and stir over medium heat until mixture starts to boil. Continue cooking for 5 minutes. Remove from heat and pour over popcorn. Toss quickly to coat.

Bake, the caramel coated popcorn in 300 degree oven for 15 minutes. Stir popcorn. Return to oven and bake 5 to 10 minutes longer or until well coated. Gently stir in 1 cup peanuts if desired. Spread out popcorn on foil to cool. Break up into smaller pieces. Store in covered container or ziplock bag.