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Stockholders' Equity | 12 Months Ended
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Jan. 01, 2021
Stockholders Equity Note [Abstract] |
Stockholders' Equity | Note 8: Stockholders’ Equity Preferred Stock The Company has authorized 2,000,000 shares of undesignated preferred stock with a par value of $0.001 per share. None of the preferred shares were issued and outstanding at January 1, 2021 and January 3, 2020. Dividends The Company declared and paid cash dividends per share of common stock during the periods presented as follows:
|  | Fiscal Years |
|  | 2020 |
|  | Dividends |  |  | Amount |
|  | Per Share |  |  | (in thousands) |
First Quarter |  | $ | 0.190 |  |  | $ | 9,913 |
Second Quarter |  | $ | 0.190 |  |  |  | 9,801 |
Third Quarter |  | $ | 0.190 |  |  |  | 9,808 |
Fourth Quarter |  | $ | 0.190 |  |  |  | 9,839 |
|  |  |  |  |  | $ | 39,361 |
|  | Fiscal Years |
|  | 2019 |
|  | Dividends |  |  | Amount |
|  | Per Share |  |  | (in thousands) |
First Quarter |  | $ | 0.160 |  |  | $ | 8,240 |
Second Quarter |  | $ | 0.160 |  |  |  | 8,306 |
Third Quarter |  | $ | 0.160 |  |  |  | 8,323 |
Fourth Quarter |  | $ | 0.160 |  |  |  | 8,280 |
|  |  |  |  |  | $ | 33,149 |
Treasury Stock Net losses related to the re-issuance of treasury stock to settle restricted stock unit and stock option awards of $4,538,000, $5,146,000 and $5,892,000 were recorded as a reduction to retained earnings during 2020, 2019 and 2018, respectively. Repurchase of Common Stock The Company repurchased 636,000 shares of its common stock for $40,049,000 during 2020. The Company repurchased 342,000 shares of its common stock for $21,957,000 during 2019. The Company repurchased 562,000 shares of its common stock for $27,915,000 during 2018. On May 29, 2020, the Board of Directors authorized $45,000,000 for the repurchase of the Company’s common stock. On January 31, 2019 the Board of Directors authorized $75,000,000 for the repurchase of the Company’s common stock. These repurchase programs have no expiration dates. As of January 1, 2021, the Company had remaining authorization under its stock repurchase plan of $75,455,000 to repurchase shares of common stock.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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