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STOCK REPURCHASES
9 Months Ended
Sep. 29, 2012
STOCK REPURCHASES [Abstract]  
STOCK REPURCHASES

 

NOTE 8 - STOCK REPURCHASES

 

In the first quarter of 2011 the Company repurchased shares of its common stock. Details of these purchases are as follows:

 

Period   Total
Number of
Shares
Purchased
    Average
Price Paid
Per Share
    Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program
    Maximum
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Program
 
1/4/11-1/29/11     133,400     $ 14.94       133,400          
Total     133,400     $ 14.94       133,400     $ 8,000,000  

 

These purchases were made with cash held by the Company and no debt was incurred.

 

During the nine months ended September 29, 2012, the Company did not repurchase any shares of its common stock.