Shareholders' Equity

3 Months Ended

Mar. 28, 2025

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 were issued or outstanding at March 28, 2025, and 200,000,000 ordinary shares at $0.01 par value, of which 47,924,409 were issued and outstanding at March 28, 2025.

On February 21, 2025, our Board of Directors approved a stock repurchase program ("the Stock Repurchase Program") of up to $150 million of our ordinary shares. During the quarter ended March 28, 2025, we repurchased 253,850 shares for $7.6 million under the Stock Repurchase Program. The Stock Repurchase Program has no expiration date and will continue until otherwise modified or terminated by the Company's Board of Directors at any time in its sole discretion.

The below is a summary of the dividends paid per share during the quarters ended March 28, 2025 and March 29, 2024. These dividends were declared and paid within the same fiscal quarter.

Quarter ended
March 28, 2025			March 29, 2024
Dividend Payment Date	Cash Dividend per Ordinary Share		Dividend Payment Date	Cash Dividend per Ordinary Share
March 28, 2025	$	0.30	March 29, 2024	$	0.25

We paid $14.4 million in dividends during the quarter ended March 28, 2025 and $11.9 million in dividends during the quarter ended March 29, 2024.

On April 29, 2025, our Board of Directors declared a quarterly cash dividend of thirty cents $(0.30) per share, payable on June 6, 2025, to shareholders of record on May 14, 2025.