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Note 12 - Repurchase of Common Stock
9 Months Ended
Oct. 01, 2017
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
NOTE
1
2
– REPURCHASE OF COMMON STOCK
 
In the
fourth
quarter of
2014,
the Company announced a program to repurchase up to
500,000
shares of common stock per fiscal year, commencing with the
2014
fiscal year. In the
second
quarter of
2016,
the Company amended the share purchase program to authorize the repurchase of up to
$50
million of common stock, with
no
specific expiration date. During the
first
three
months of
2017,
the Company repurchased and retired
1,601,896
shares of common stock at a weighted average purchase price of
$19.36
per share. These repurchases completed the
$50
million repurchase plan.
 
In the
second
quarter of
2017,
the Company
adopted a new share repurchase program in which the Company is authorized to repurchase up to
$100
million of its outstanding shares of common stock. The program has
no
specific expiration date. During the
second
and
third
quarters of
2017,
pursuant to this new program, the Company repurchased and retired an aggregate of
2,575,847
shares of common stock at a weighted average price of
$19.38
per share.