Shareholders' Equity

9 Months Ended

Sep. 26, 2014

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 56,365,413 are issued and outstanding at September 26, 2014.

Ordinary share activity is summarized as follows:

	Nine months ended
	September 26, 2014		September 27, 2013
Ordinary shares issued (retired) as a result of:
Stock option exercises	1,417,263		1,844,527
Restricted stock grants	26,117		26,201
Restricted and performance stock units	232,772		—
Ordinary shares repurchase and retired	(1,529,176	)	(3,462,506	)

On May 5, 2010, our Board of Directors approved an additional three-year stock repurchase program of up to $150 million of our ordinary shares, which expired on May 5, 2013. On May 1, 2013, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $308.5 million of ordinary shares, or 12,794,561 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. We have a maximum dollar amount value of $215.7 million of shares that may yet be purchased under the May 1, 2013 stock repurchase program.

Dividend activity is summarized as follows:

Nine months ended			Nine months ended
September 26, 2014			September 27, 2013
Dividend Declared Date	Cash Dividend Declared, per Ordinary Share		Dividend Declared Date	Cash Dividend Declared, per Ordinary Share
September 5, 2014	$	0.125	September 6, 2013	$	0.125
May 30, 2014	0.125		May 31, 2013	0.125
March 28, 2014	0.125		March 29, 2013	0.125

We paid $20.9 million in dividends for the nine months ended September 26, 2014 and $21.2 million in dividends for the nine months ended September 27, 2013.