Stockholders' Equity

12 Months Ended

Dec. 29, 2012

Stockholders' Equity

Stockholders' Equity

12. Stockholders' Equity

Common Stock

        The Company issued 1.6 million shares of common stock during fiscal 2012, net of 0.3 million shares withheld to satisfy employee tax obligations for the vesting of certain stock grants made under the Company's stock incentive plans.

Share Repurchase Programs

        In January 2013, the Board of Directors authorized a share repurchase program to repurchase up to $50 million of the Company's common stock through January 2014. In April 2012, the Board of Directors authorized a share repurchase program to repurchase up to $100 million of the Company's common stock through January 2013. In October 2011, the Board of Directors adopted a share repurchase program to repurchase up to $50 million of the Company's common stock through April 2012. The Company's repurchase program announced in July 2010, authorized the repurchase of up to $150 million of the Company's common stock through 2011, and was completed in August 2011. The Company's repurchase program announced in October 2009 authorized the repurchase of up to $150 million of the Company's common stock through 2010, and was terminated upon the adoption of the July 2010 program. These programs allow for repurchases to be made in the open market or in private transactions, including structured or accelerated transactions, subject to applicable legal requirements and market conditions. The Company repurchased 1.7 million shares, 3.2 million shares and 3.3 million shares of its common stock for $62.0 million, $110.1 million and $140.3 million during fiscal 2012, 2011 and 2010, respectively.

Accumulated Other Comprehensive Loss

        The components of accumulated other comprehensive loss, net of taxes, were as follows (in thousands):

	Unrealized Losses on Cash Flow Hedges			Net Unrealized Losses on Available- For-Sale Securities			Total
Balance at January 2, 2010	$	(2,919	)	$	(1,437	)	$	(4,356	)
Period change		442			266			708
Balance at January 1, 2011		(2,477	)		(1,171	)		(3,648	)
Period change		1,178			3			1,181
Balance at December 31, 2011		(1,299	)		(1,168	)		(2,467	)
Period change		871			650			1,521
Balance at December 29, 2012	$	(428	)	$	(518	)	$	(946	)

Income Tax Allocated to the Components of Other Comprehensive Income

        The income tax effects of the components of other comprehensive income were as follows (in thousands):

	Year ended
Income tax (expense) benefit on:	December 29, 2012			December 31, 2011			January 1, 2011
Net changes to available-for-sale securities:
Unrealized gains arising during the period	$	(350	)	$	(1	)	$	(143	)
Net changes to cash flow hedges:
Unrealized losses arising during the period		335			148			924
Reclassification for losses included in net income		(803	)		(783	)		(1,162	)
Other comprehensive income	$	(818	)	$	(636	)	$	(381	)