Shareholders' Equity

3 Months Ended

Mar. 29, 2019

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 29, 2019, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 48,651,755 are issued and outstanding at March 29, 2019.

Ordinary share activity is summarized as follows:



	Quarter ended
	March 29, 2019	March 30, 2018
Ordinary shares issued (retired) as a result of:
Stock option exercises	13,250	17,500
Restricted stock grants	30,891	21,304
Restricted and performance stock units	165,318	159,632
Ordinary shares repurchased and retired	—	(182,013	)

18. 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 March 29, 2019, 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 March 29, 2019, there were no ordinary share repurchases.

Dividend activity is summarized as follows:



Quarter ended
March 29, 2019			March 30, 2018
Dividend Date	Cash Dividend Declared, per Ordinary Share		Dividend Date	Cash Dividend Declared, per Ordinary Share
March 29, 2019	$	—	March 30, 2018	$	0.150

We paid no dividends in the quarter ended March 29, 2019 and $7.3 million in dividends in the quarter ended March 30, 2018.