STOCKHOLDERS' EQUITY TRANSACTIONS

3 Months Ended

Mar. 30, 2013

STOCKHOLDERS' EQUITY TRANSACTIONS

STOCKHOLDERS' EQUITY TRANSACTIONS

NOTE 12 STOCKHOLDERS’ EQUITY TRANSACTIONS

In May 2008, the Board of Directors of the Company approved a share repurchase program, authorizing the purchase of up to 4.0 million shares of the Company’s common stock.  No purchases were made under this program during the three months ended March 30, 2013.  As of March 30, 2013, 3.9 million shares remained available for purchase under the program.  However, the terms of the Company’s senior secured credit facility entered into in October 2011 restrict the Company’s ability to purchase additional shares under this program during the term of such facility.