COMMON STOCK REPURCHASE PROGRAM

12 Months Ended

Dec. 30, 2017

Equity [Abstract]

Common Stock Repurchase Program

COMMON STOCK REPURCHASE PROGRAM

On June 7, 2016, the Company’s Board of Directors authorized an amendment to the Company’s previously announced stock repurchase program to extend the program through June 30, 2017. The program was initially authorized in February 2014 and was previously extended in June 2015. The program authorizes the Company to repurchase up to $2 million of Company common stock. Under the program, repurchases may be made by the Company from time to time in the open market or through privately negotiated transactions depending on market conditions, share price and other factors. The program expired on June 30, 2017. There were no share repurchases under the share repurchase program during fiscal years 2017 or 2016.