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Open Market Share Repurchase Program
3 Months Ended
Mar. 23, 2014
Equity [Abstract]  
Open Market Share Repurchase Program

7. Open Market Share Repurchase Program

During the first quarter of 2014, the Company repurchased and retired 221,481 shares of common stock for a total of approximately $15.1 million. As of March 23, 2014, the Company had $200.0 million remaining for future share repurchases under its Board of Directors approved $200.0 million open market share repurchase program, as the Board of Directors reset the open market share repurchase program at their February 12, 2014 meeting. Subsequent to the first quarter of 2014 and through April 24, 2014, the Company repurchased and retired an additional 153,812 shares of common stock for a total of approximately $11.4 million.

During the first quarter of 2013, the Company repurchased and retired 362,899 shares of common stock for a total of approximately $18.0 million under the Company’s open market share repurchase program.