Stockholders' Equity

3 Months Ended

Mar. 29, 2014

Stockholders' Equity

Stockholders' Equity

8. Stockholders’ Equity

Common Stock

The Company issued 0.7 million shares of common stock during the three months ended March 29, 2014.

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

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 did not repurchase any shares of its common stock during the three months ended March 29, 2014 or March 30, 2013.

Accumulated Other Comprehensive Loss

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

	Unrealized Gain on Cash Flow Hedge			Net Unrealized Losses on Available-For-Sale Securities			Total
Balance at December 28, 2013	$	333		$	(1,017	)	$	(684	)
Other comprehensive income (loss) before reclassifications	(91		)	268			177
Amount reclassified from accumulated other comprehensive loss	93			—			93
Net change for the period	2			268			270
Balance at March 29, 2014	$	335		$	(749	)	$	(414	)

Reclassifications From Accumulated Other Comprehensive Loss

	Three Months Ended
Reclassification (in thousands)	March 29,  2014			March 30,  2013
Losses on cash flow hedges to:
Interest expense	$	(143	)	$	(181	)
Income tax benefit	50			63
Total reclassifications	$	(93	)	$	(118	)