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Treasury Stock
3 Months Ended
Apr. 03, 2020
Equity [Abstract]  
Treasury Stock

Note 6:  Treasury Stock

On October 19, 2016, the Company’s Board of Directors authorized $35,000,000 for the repurchase of shares of the Company’s common stock. On January 31, 2019, the Company’s Board of Directors authorized an additional $75,000,000 for the repurchase of shares of the Company’s common stock. These repurchase programs have no expiration date.

The Company repurchased 636,000 shares of its common stock for $40,049,000 during the three months ended April 3, 2020. The Company did not repurchase any shares of its common stock during the three months ended March 29, 2019. As of April 3, 2020, the Company had remaining authorization under its stock repurchase plans of $30,455,000.