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Shareholders' Equity
 9 Months Ended
Sep. 29, 2017
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 at September 29, 2017, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 49,736,911 are issued and outstanding at September 29, 2017.
 
Ordinary share activity is summarized as follows:
 
Nine months ended
 
September 29,
2017
 
September 30,
2016
Ordinary shares issued (retired) as a result of:
 
 
 
Stock option exercises
51,500

 
417,153

Restricted stock grants
14,294

 
22,946

Restricted and performance
stock units
248,935

 
493,644

Ordinary shares
repurchased and retired
(1,834,724
)
 
(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 $194.6 million of ordinary shares, or 5,041,915 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. We have a maximum dollar amount value of $105.4 million of shares that we can purchase under the stock repurchase program approved on July 29, 2015.

No ordinary shares were repurchased, subsequent to the quarter ended September 29, 2017.

Dividend activity is summarized as follows:
Nine months ended
September 29, 2017
 
September 30, 2016
Dividend Date
 
Cash Dividend Declared, per Ordinary Share
 
Dividend Date
 
Cash Dividend Declared, per Ordinary Share
September 8, 2017
 
$
0.150

 
September 9, 2016
 
$
0.150

June 2, 2017
 
$
0.150

 
June 3, 2016
 
$
0.125

March 31, 2017
 
$
0.150

 
April 1, 2016
 
$
0.125



We paid $22.7 million in dividends in the nine months ended September 29, 2017 and $20.5 million in dividends in the nine months ended September 30, 2016.