Stock Repurchase Program

3 Months Ended

Mar. 27, 2018

Stockholders' Equity

Stockholders' Equity

(10)  Stock Repurchase Program

On May 22, 2014, our Board of Directors approved a stock repurchase program under which we may 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 16, 2012. All repurchases to date under our stock repurchase program have been 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 an evaluation of our stock price, market conditions and other corporate considerations.

We did not repurchase any shares of common stock during the 13 week periods ended March 27, 2018 or March 28, 2017, respectively.    As of March 27, 2018, we had approximately $69.9 million remaining under our authorized stock repurchase program.