Shareholders' Equity

6 Months Ended

Jun. 29, 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 June 29, 2018, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 48,779,307 are issued and outstanding at June 29, 2018.

Ordinary share activity is summarized as follows:



	Six months ended
	June 29, 2018		June 30, 2017
Ordinary shares issued (retired) as a result of:
Stock option exercises	36,500		6,500
Restricted stock grants	21,304		14,294
Restricted and performance stock units	180,254		137,287
Ordinary shares repurchased and retired	(218,232	)	(1,310,900	)

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 $250.2 million of ordinary shares, or 6,247,445 ordinary shares, under the aforementioned repurchase programs and retired all the repurchased shares. As of June 29, 2018 we have a maximum dollar value of $349.8 million shares that we can purchase under the approved stock repurchase programs.

Subsequent to the quarter ended June 29, 2018, we repurchased no ordinary shares.

Dividend activity is summarized as follows:



Six months ended
June 29, 2018			June 30, 2017
Dividend Date	Cash Dividend Declared, per Ordinary Share		Dividend Date	Cash Dividend Declared, per Ordinary Share
June 1, 2018	$	0.150	June 2, 2017	$	0.150
March 30, 2018	$	0.150	March 31, 2017	$	0.150

We paid $14.6 million in dividends in the six months ended June 29, 2018 and $15.2 million in dividends in the six months ended June 30, 2017.