Stockholders' Equity

12 Months Ended

Dec. 30, 2014

Stockholders' Equity [Abstract]

Stockholders' Equity

(10) Stockholders’ Equity

On October 9, 2013, the Company’s Board of Directors approved a common stock repurchase program. Under this program, the Company could from time to time purchase up to $10,000 of its outstanding common stock in the open market at management’s discretion, subject to share price, market conditions and other factors. As of September 9, 2014, the Company had fully exhausted this authority with 465,496 of our common shares repurchased over the life of the program at a cost of $10,000.  

On October 14, 2014 the Company’s Board of Directors approved a new stock repurchase program authorizing the Company to repurchase up to $25,000 of its common stock over the next three years. Under this program, the Company could from time to time purchase outstanding common stock in the open market at management’s discretion, subject to share price, market conditions and other factors. The common stock repurchase program does not obligate the Company to repurchase any dollar amount or number of shares. As of December 30, 2014, the Company had not repurchased any shares of common stock under this program.