Subsequent Event

3 Months Ended

Mar. 28, 2015

Subsequent Events [Abstract]

Subsequent Event

11. Subsequent Event

On April 6, 2015, Cohu and Computershare Inc., a Delaware corporation (successor-in-interest to Mellon Investor Services LLC, a New Jersey limited liability company), (the “Rights Agent”) entered into an Amendment No. 1 to Amended and Restated Rights Agreement (the “Amendment”) with respect to the Amended and Restated Rights Agreement dated as of November 10, 2006 by and between Cohu and the Rights Agent (the “Rights Agreement”). The Amendment changes the “Final Expiration Date” in Section 7(a) of the Rights Agreement from November 9, 2016 to April 6, 2015, effectively terminating the Rights Agreement as of that date. In addition, on April 6, 2015 we eliminated from the Cohu Certificate of Incorporation all matters related to the Series A Preferred Stock that was previously authorized in conjunction with the Rights Agreement.