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Repurchase of Common Stock
9 Months Ended
Oct. 01, 2016
Repurchase of Common Stock [Abstract]  
Repurchase of Common Stock
Repurchase of Common Stock
   
Repurchases of our common stock were as follows (in thousands): 
 
 
Three Months Ended
 
Nine Months Ended
 
 
October 1,
2016
 
October 3,
2015
 
October 1,
2016
 
October 3,
2015
Amount repurchased under Board-approved share repurchase program
 
$
25,000

 
$
18,530

 
$
95,000

 
$
68,557

Amount repurchased in connection with the vesting of employee restricted stock grants
 
45

 
140

 
1,410

 
1,743

Total amount repurchased
 
$
25,045

 
$
18,670

 
$
96,410

 
$
70,300


  
Effective as of July 3, 2016, our Board approved an increase in our total remaining share repurchase authorization to $300 million. As of October 1, 2016, the remaining share repurchase authorization was $275 million. There is no expiration date governing the period over which we can repurchase shares. Any repurchased shares are constructively retired and returned to an unissued status. The cost of share repurchases is first charged to additional paid-in capital. Once additional paid-in capital is reduced to zero, any additional amounts are charged to retained earnings.