Shareholders' Equity

6 Months Ended

Jun. 30, 2017

Stockholders' Equity Note [Abstract]

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding at June 30, 2017, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 50,104,086 are issued and outstanding at June 30, 2017.

Ordinary share activity is summarized as follows:



	Six months ended
	June 30, 2017		July 1, 2016
Ordinary shares issued (retired) as a result of:
Stock option exercises	6,500		163,467
Restricted stock grants	14,294		22,946
Restricted and performance stock units	137,287		177,054
Ordinary shares repurchased and retired	(1,310,900	)	(1,672,535	)

19. Shareholders’ Equity (continued)

On July 29, 2015, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $169.9 million of ordinary shares, or 4,518,091 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. We have a maximum dollar amount value of $130.1 million of shares that we can purchase under the stock repurchase program approved on July 29, 2015.

Subsequent to the quarter ended June 30, 2017, no ordinary shares were repurchased.

Dividend activity is summarized as follows:



Six months ended
June 30, 2017			July 1, 2016
Dividend Date	Cash Dividend Declared, per Ordinary Share		Dividend Date	Cash Dividend Declared, per Ordinary Share
June 2, 2017	$	0.150	June 3, 2016	$	0.125
March 31, 2017	$	0.150	April 1, 2016	$	0.125

We paid $15.2 million in dividends in the six months ended June 30, 2017 and $12.7 million in dividends in the six months ended July 1, 2016.