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Stock Repurchase
9 Months Ended
Sep. 29, 2012
Payments for Repurchase of Equity [Abstract]  
Stock Repurchase
Stock Repurchase Program
On May 2, 2012, the Company's Board of Directors approved a stock repurchase program authorizing the purchase, at the discretion of management, of up to $50,000 of the Company's outstanding common stock. Common stock repurchases may be made from time to time in the open market at prevailing market prices or through privately negotiated transactions. The timing of open market and privately negotiated purchases will be dependent upon market conditions and other corporate considerations, including price, corporate and regulatory requirements and alternative investment opportunities. The Company expects to use cash from operations to fund the repurchase program, which is authorized through May 2, 2013. Shares of common stock repurchased by the Company through the repurchase program will be retired and will have no impact on total shares authorized.
During the nine months ended September 29, 2012, the Company repurchased 4,876 shares for $25,000 using cash from operations. No shares were repurchased during the three months ended September 29, 2012.