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Stockholders' Equity
 12 Months Ended
Jan. 02, 2016
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders' Equity
Common and Preferred Stock.    The Company has 100,000,000 shares of common stock, par value $0.01 per share, authorized, with 48,124,555, and 50,771,079 shares issued at fiscal year-end 2015 and 2014, respectively. The Company has 1,000,000 shares of preferred stock, par value $0.01 per share, authorized, with none issued or outstanding at fiscal year-end 2015 and 2014. Rights, preferences and other terms of preferred stock will be determined by the Board of Directors at the time of issuance.
Common Stock Repurchase Programs.    Purchases of the Company's common stock are made from time to time pursuant to its repurchase programs, subject to market conditions and at prevailing market prices, through the open market. Repurchased shares of common stock are recorded at cost and become authorized but unissued shares which may be issued in the future for general corporate or other purposes. The Company may terminate or limit its stock repurchase program at any time. In the event the repurchased shares are cancelled, the Company accounts for retirements by allocating the repurchase price to common stock, additional paid-in capital and retained earnings. The repurchase price allocation is based upon the equity contribution associated with historical issuances. The repurchase programs are conducted pursuant to Rule 10b-18 of the Securities Exchange Act of 1934.
During the period from the announcement of the Company's buyback authorizations in December 2012 and December 2014 for $1.0 billion each, until the end of the fiscal year 2015, the Company has repurchased approximately $1.2 billion of its common stock, representing approximately 11.7 million shares. The Company has not repurchased any shares under the $30.0 million repurchase plan authorized in 2010.
During fiscal year 2015, the Company effectively retired 2.7 million shares of common stock repurchased under its repurchase programs. The effective retirement of repurchased common stock decreased common stock by $27,300, additional paid-in capital by $0.7 million, retained earnings by $228.8 million and treasury stock by $229.5 million. At January 2, 2016 and January 3, 2015, all treasury stock had been effectively retired. As of January 2, 2016, the Company had $829.3 million of repurchase authorizations remaining under the combined repurchase plans.
The following table shows the Company's common stock repurchase activity for the periods indicated (in millions):
 
 
 
 
 
 
For the 2015 Fiscal Year
 
For the 2014 Fiscal Year
Fiscal Year Authorized
 
Dollar Value
Authorized
 
Termination Date
 
Number of
Shares
Repurchased
 
Dollar
Value
Repurchased
 
Number of
Shares
Repurchased
 
Dollar
Value
Repurchased
2014
 
$
1,000.0

 
December 2018
 
2.4

 
$
200.7

 
—

 
$
—

2012
 
$
1,000.0

 
December 2016 (1)
 
0.3

 
$
28.8

 
4.1

 
$
435.0

2010
 
$
30.0

 
None
 
—

 
$
—

 
—

 
$
—

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(1)
In the first quarter of fiscal year 2015, the Company completed this repurchase plan.