Shareholders' Equity

3 Months Ended

Mar. 30, 2018

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 March 30, 2018, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 48,775,905 are issued and outstanding at March 30, 2018.

Ordinary share activity is summarized as follows:



	Quarter ended
	March 30, 2018		March 31, 2017
Ordinary shares issued (retired) as a result of:
Stock option exercises	17,500		6,500
Restricted stock grants	21,304		14,294
Restricted and performance stock units	159,632		130,682
Ordinary shares repurchased and retired	(182,013	)	(303,300	)

20. 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. An additional $300 million repurchase program was approved on February 21, 2018 which expires on February 21, 2021. We have repurchased $248.5 million of ordinary shares, or 6,211,226 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. We have a maximum dollar amount value of $51.5 million of shares that we can purchase under the stock repurchase program approved on July 29, 2015.

Subsequent to the quarter ended March 30, 2018, we repurchased 36,219 ordinary shares at an average price of $44.95.

Dividend activity is summarized as follows:



Quarter ended
March 30, 2018			March 31, 2017
Dividend Date	Cash Dividend Declared, per Ordinary Share		Dividend Date	Cash Dividend Declared, per Ordinary Share
March 30, 2018	$	0.150	March 31, 2017	$	0.150

We paid $7.3 million in dividends in the quarter ended March 30, 2018 and $7.6 million in dividends in the quarter ended March 31, 2017.