Stock Repurchase Program

9 Months Ended

Sep. 27, 2014

Stock Repurchase Program [Abstract]

Stock Repurchase Program

NOTE 11.  Stock Repurchase Program

On March 13, 2012, the Company announced a $275 million stock repurchase program. For the three months ended September 27, 2014 and September 28, 2013, the Company repurchased nil and  2.7 million shares, respectively.  Total cash cost was nil and$17.1 million, respectively.  For the nine months ended September 27, 2014 and September 28, 2013, the Company repurchased 1.4 million and  3.6 million shares, respectively.  Total cash cost was approximately$8.9 million and$22.5 million, respectively.The repurchased shares were retired immediately.  Accordingly, the repurchased shares were recorded as a reduction of common stock, additional paid-in capital and accumulated deficit.  As of September 27, 2014, the Company had completed $247.9 million of the announced $275 million stock repurchase program.