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Capital Stock and Dividends
 9 Months Ended
Sep. 26, 2020
Equity [Abstract]  
Capital Stock and Dividends Capital Stock and Dividends:
Capital Stock

The authorized capital stock of the Company consists of common stock and preferred stock. The Company is authorized to issue 400 million shares of common stock. The Company is also authorized to issue 40 thousand shares of preferred stock, with such designations, rights and preferences as may be determined from time to time by the Company's Board of Directors.

Dividends

During the first nine months of fiscal 2020 and 2019, the Company's Board of Directors declared the following cash dividends:
Date DeclaredDividend Amount
Per Share of Common Stock		Record DateDate Paid
August 5, 2020$0.40 August 24, 2020September 9, 2020
May 6, 2020$0.35 May 26, 2020June 9, 2020
February 5, 2020$0.35 February 24, 2020March 10, 2020
August 7, 2019$0.35 August 26, 2019September 10, 2019
May 8, 2019$0.35 May 28, 2019June 11, 2019
February 6, 2019$0.31 February 25, 2019March 12, 2019
It is the present intention of the Company's Board of Directors to continue to pay a quarterly cash dividend; however, the declaration and payment of future dividends will be determined by the Company's Board of Directors in its sole discretion and will depend upon the earnings, financial condition and capital needs of the Company, along with any other factors that the Company's Board of Directors deems relevant.