Stockholders' Equity

12 Months Ended

Dec. 28, 2013

Stockholders' Equity

Stockholders' Equity

12. Stockholders' Equity

Common Stock

        The Company issued 1.6 million shares of common stock during fiscal 2013, including approximately 0.5 million shares issued in connection with the acquisition of Energy Micro.

Share Repurchase Programs

        The Board of Directors authorized the following share repurchase programs (in thousands):

Program Authorization Date	Program Termination Date	Program Amount
January 2014	January 2015	$	100,000
January 2013	January 2014	$	50,000
April 2012	January 2013	$	100,000
October 2011	April 2012	$	50,000
July 2010	August 2011	$	150,000

        These programs allow for repurchases to be made in the open market or in private transactions, including structured or accelerated transactions, subject to applicable legal requirements and market conditions. The Company repurchased 0.7 million shares, 1.7 million shares and 3.2 million shares of its common stock for $26.0 million, $62.0 million and $110.1 million during fiscal 2013, 2012 and 2011, respectively. These shares were retired upon repurchase.

Accumulated Other Comprehensive Loss

        The components of accumulated other comprehensive loss, net of taxes, were as follows (in thousands):

	Unrealized Gain (Loss) on Cash Flow Hedge			Net Unrealized Losses on Available- For-Sale Securities			Total
Balance at January 1, 2011	$	(2,477	)	$	(1,171	)	$	(3,648	)
Other comprehensive income (loss) before reclassifications		(276	)		3			(273	)
Amount reclassified from accumulated other comprehensive loss		1,454			—			1,454
Net change for the period		1,178			3			1,181
Balance at December 31, 2011		(1,299	)		(1,168	)		(2,467	)
Other comprehensive income (loss) before reclassifications		(621	)		650			29
Amount reclassified from accumulated other comprehensive loss		1,492			—			1,492
Net change for the period		871			650			1,521
Balance at December 29, 2012		(428	)		(518	)		(946	)
Other comprehensive income (loss) before reclassifications		397			(348	)		49
Amount reclassified from accumulated other comprehensive loss		364			(151	)		213
Net change for the period		761			(499	)		262
Balance at December 28, 2013	$	333		$	(1,017	)	$	(684	)

Reclassifications From Accumulated Other Comprehensive Loss

	Year ended
Reclassification (in thousands)	December 28, 2013			December 29, 2012			December 31, 2011
Losses on cash flow hedges to:
Rent expense	$	—		$	(2,295	)	$	(2,237	)
Interest expense		(560	)		—			—
Gains on available-for-sales securities to:
Interest income		232			—			—
		(328	)		(2,295	)		(2,237	)
Income tax benefit		115			803			783
Total reclassifications	$	(213	)	$	(1,492	)	$	(1,454	)

Income Tax Allocated to the Components of Other Comprehensive Income

        The income tax effects of the components of other comprehensive income were as follows (in thousands):

	Year ended
Income tax (expense) benefit on:	December 28, 2013			December 29, 2012			December 31, 2011
Net changes to available-for-sale securities:
Unrealized gains (losses) arising during the period	$	187		$	(350	)	$	(1	)
Reclassification for gains included in net income		81			—			—
Net changes to cash flow hedges:
Unrealized gains (losses) arising during the period		(214	)		335			148
Reclassification for losses included in net income		(196	)		(803	)		(783	)
Other comprehensive income	$	(142	)	$	(818	)	$	(636	)