Shareholders' Equity

9 Months Ended

Sep. 28, 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 September 28, 2018, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 48,375,971 are issued and outstanding at September 28, 2018.

Ordinary share activity is summarized as follows:



	Nine months ended
	September 28, 2018		September 29, 2017
Ordinary shares issued (retired) as a result of:
Stock option exercises	38,500		51,500
Restricted stock grants	22,991		14,294
Restricted and performance stock units	285,531		248,935
Ordinary shares repurchased and retired	(730,532	)	(1,834,724	)

20. Shareholders’ Equity (continued)

On February 21, 2018, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $19.6 million of ordinary shares, or 512,300 ordinary shares, under the aforementioned repurchase program and retired all the repurchased shares. As of September 28, 2018, we have a maximum dollar value of $280.4 million that we can purchase under the approved stock repurchase program.

Subsequent to the quarter ended September 28, 2018, there were no ordinary share repurchases.

Dividend activity is summarized as follows:



Nine months ended
September 28, 2018			September 29, 2017
Dividend Date	Cash Dividend Declared, per Ordinary Share		Dividend Date	Cash Dividend Declared, per Ordinary Share
September 7, 2018	$	0.150	September 8, 2017	$	0.150
June 1, 2018	$	0.150	June 2, 2017	$	0.150
March 30, 2018	$	0.150	March 31, 2017	$	0.150

We paid $21.8 million in dividends in the nine months ended September 28, 2018 and $22.7 million in dividends in the nine months ended September 29, 2017.