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Treasury Stock
6 Months Ended
Jun. 30, 2023
Class of Stock Disclosures [Abstract]  
Treasury Stock
11.
Treasury Stock

The Company’s Board of Directors has previously authorized the repurchase of up to $30.0 million of the Company’s stock. The Company did not purchase shares for treasury during the 2023 or 2022 second quarter or year-to-date periods. As of June 30, 2023 and July 1, 2022, the Company had approximately $7.7 million left in its current stock repurchase authorization.

The Company issued 208,158 and 452,760 shares during the 2023 second quarter and year-to-date period, respectively, to fulfill the requirements from the grant of restricted shares or units and the exercise of stock options.

 

The Company issued 177,935 and 349,491 shares during the 2022 second quarter and year-to-date period, respectively, to fulfill the requirements from the grant of restricted shares or units and the exercise of stock options