Repurchase of Common Stock

9 Months Ended

Sep. 30, 2017

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
	September 30, 2017		October 1, 2016		September 30, 2017		October 1, 2016
Amount repurchased under Board-approved share repurchase program	$	40,000	$	25,000	$	115,000	$	95,000
Amount repurchased in connection with the vesting of employee restricted stock grants	64		259		5,158		1,410
Total amount repurchased	$	40,064	$	25,259	$	120,158	$	96,410

Effective as of October 1, 2017, our Board approved an increase in our total remaining share repurchase authorization to $500 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 stock 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.