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Common Stock Repurchases
3 Months Ended
Mar. 29, 2015
Common Stock Repurchases

Note 9 – Common Stock Repurchases

On May 7, 2014, the board of directors authorized the repurchase of up to $100.0 million of the company’s common stock. This amount is in addition to the $100.0 million previously authorized and disclosed in December 2013. The repurchase program is currently funded using available cash. During the three months ended March 29, 2015, we repurchased 2,262,880 shares of common stock, under repurchase programs for $39.2 million, at an average purchase price of $17.32 per share.