Stockholders' Equity

12 Months Ended

Dec. 25, 2012

Stockholders' Equity

Stockholders' Equity

(10) Stockholders' Equity

        On February 16, 2012, our Board of Directors approved a stock repurchase program under which it authorized us to repurchase up to $100.0 million of our common stock. This stock repurchase program has no expiration date and replaced a previous stock repurchase program which was approved on February 17, 2011. The previous program authorized us to repurchase up to $50.0 million of our common stock and was increased by $50.0 million on August 18, 2011. Any repurchases will be made through open market transactions. The timing and the amount of any repurchases will be determined by management under parameters established by our Board of Directors, based on its evaluation of our stock price, market conditions and other corporate considerations.

        For the years ended December 25, 2012 and December 27, 2011, we paid approximately $29.4 million and $59.1 million to repurchase 1,786,855 and 3,972,100 shares of our common stock, respectively. For the year ended December 28, 2010, we did not repurchase any shares of our common stock.