Shareholders' Equity

9 Months Ended

Sep. 28, 2012

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares, $0.01 par value, of which none are issued or outstanding. Our shareholders have authorized 200,000,000 ordinary shares of common stock, $0.01 par value, of which 58,104,252 are issued and outstanding at September 28, 2012, respectively.

Ordinary share activity for the quarters ended September 28, 2012 and September 30, 2011 is summarized as follows:

	Nine months ended
	September 28, 2012	September 30, 2011
Ordinary shares issued/ (retired) as a result of:
Stock option exercises	312,225	1,148,105
Restricted stock grants	27,573	27,853

17.  Shareholders’ Equity (continued)

On July 31, 2009, our Board of Directors approved a three-year stock repurchase program of up to $150 million of our Ordinary Shares, which expired on July 31, 2012. On May 5, 2010, our Board of Directors approved an additional three-year stock repurchase program of up to $150 million of our ordinary shares. We have repurchased $158 million, or 7,214,337 ordinary shares, under the aforementioned repurchase programs. We have retired all of the 7,214,337 ordinary shares. We have a maximum dollar amount value of $142.0 million of shares that may yet be purchased under the stock repurchase program approved on May 5, 2010. During the quarter and nine months ended September 28, 2012, no repurchases were made under the aforementioned plan.

The following is a summary of the dividends declared per share for the nine months ended September 28, 2012 and September 30, 2011:

Nine months ended			Nine months ended
September 28, 2012			September 30, 2011
Dividend Declared Date	Cash Dividend Declared, per Ordinary Share		Dividend Declared Date	Cash Dividend Declared, per Ordinary Share
August 1, 2012	$	0.10	August 3, 2011	$	0.10
May 2, 2012	$	0.10	May 4, 2011	$	0.05
February 29, 2012	$	0.10	March 3, 2011	$	0.05

On August 3, 2011, our Board of Directors increased the interim cash dividend from $0.05 to $0.10 per ordinary share.  

We paid $17.4 million and $11.9 million in dividends for the nine months ended September 28, 2012 and September 30, 2011, respectively.