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Subsequent Events
6 Months Ended
Jul. 03, 2011
Subsequent Events [Abstract]  
Subsequent Events
13. Subsequent Events
Cash Dividends


Based on the Board of Directors' authorization, on July 27, 2011 the Company announced a cash dividend of $0.25 per share which will be paid August 22, 2011 to all shareholders of record at the close of business on August 8, 2011. Based on shares outstanding at July 3, 2011, the total dividend payment will approximate $5.6 million during the third quarter of fiscal 2011.


Beginning with the second quarter of fiscal 2011, the Company's Board of Directors approved a quarterly fixed cash dividend which is currently set at $0.25 per share. In prior quarters, cash dividends were variable and calculated based on 45% of the Company's quarterly net income.