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Stockholders' Equity (Tables)
3 Months Ended
Apr. 01, 2018
Equity [Abstract]  
Schedule of Common Stock Share Repurchase Programs Authorized by Board of Directors from Time to Time and Related Repurchase Activity and Available Authorized

The following table outlines the common stock share repurchase programs authorized by the Company’s board of directors from time to time, and the related repurchase activity and available authorization as of April 1, 2018.

 

Effective date

 

Expiration date

 

Amount

authorized

 

 

Cost of

repurchases

 

 

Authorization

available

 

November 4, 2015

 

November 4, 2017

 

$

150,000

 

 

$

150,000

 

 

$

 

September 6, 2016

 

December 31, 2017

 

$

250,000

 

 

$

250,000

 

 

$

 

February 20, 2017

 

December 31, 2018

 

$

250,000

 

 

$

206,400

 

 

$

43,600

 

February 20, 2018

 

December 31, 2019

 

$

350,000

 

 

$

 

 

$

350,000

 

 

Schedule of Share Repurchase Activity under Share Repurchase Programs

Share repurchase activity under the Company’s repurchase programs for the periods indicated was as follows (total cost in thousands):

 

 

 

Thirteen Weeks Ended

 

 

 

April 1,

2018

 

 

April 2,

2017

 

Number of common shares acquired

 

 

3,329,409

 

 

 

4,099,936

 

Average price per common share acquired

 

$

24.93

 

 

$

19.51

 

Total cost of common shares acquired

 

$

83,000

 

 

$

80,000