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Stockholders’ Equity
12 Months Ended
Dec. 27, 2016
Stock Repurchase Program  
Stock Repurchase Program

(9) Stockholders’ Equity

On May 22, 2014, our Board of Directors approved a stock repurchase program under which we may repurchase up to $100.0 million of our common stock.  This stock repurchase program has no expiration date and replaced a previous stock repurchase program which was approved on February 16, 2012.  All repurchases to date under our stock repurchase program have been made through open market transactions.  The timing and the amount of any repurchases will be determined by management under parameters established by our Board of Directors, based on an evaluation of our stock price, market conditions and other corporate considerations.

For the years ended December 27, 2016, December 29, 2015 and December 30, 2014, we paid approximately $4.1 million, $11.4 million and $42.7 million to repurchase 114,700,  321,789 and 1,675,000 shares of our common stock, respectively.