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Common Stock Repurchases
6 Months Ended
Jun. 28, 2015
Common Stock Repurchases

Note 9 – Common Stock Repurchases

On May 20, 2015, the board of directors authorized the additional repurchase of up to $150.0 million of the company’s common stock. This amount is in addition to the two separate authorizations of $100.0 million disclosed in May 2014 and December 2013, respectively. The repurchase program is currently funded using available cash. During the three months ended June 28, 2015, we repurchased 1,094,257 shares of common stock, under repurchase programs for $21.3 million, at an average purchase price of $19.50 per share. During the six months ended June 28, 2015, we repurchased 3,357,137 shares of common stock, under repurchase programs for $60.5 million, at an average purchase price of $18.03 per share.