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SUBSEQUENT EVENTS
6 Months Ended
Jun. 28, 2014
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS

NOTE 11 - SUBSEQUENT EVENTS

 

On July 29, 2014, Board of Directors authorized a dividend of 45¢ per share, for shareholders of record as of August 15, 2014, payable on August 29, 2014. 

 

On July 29, 2014, the Board of Directors expanded the Company's authorization to repurchase shares of its common stock from $25 million to $100 million.

 

The Company has evaluated events and transactions occurring subsequent to June 28, 2014 and determined that there were no other unreported events or transactions that would have a material impact on the Company's results of operations or financial position.