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Shareholder's Equity Share Repurchase Program
9 Months Ended
Sep. 28, 2019
Shareholder's Equity Share Repurchase Program [Abstract]  
Shareholder's Equity Share Repurchase Program
Note G – Shareholder’s Equity Share Repurchase Program

On May 2, 2018, the Company announced that its Board of Directors had authorized a new program to repurchase up to 200,000 shares of the Company’s common stock. The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share.  During the third quarter and first nine months of 2019, the Company did not repurchase any shares of its common stock in connection with the share repurchase program.  Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).


Period
 
Total
Number of
Shares
Purchased
  
Average
Price Paid
Per Share
  
Total Number of
Shares
Purchased As
Part of Publicly
Announced Plans
or Programs
  
Maximum Number
of Shares That May
Yet be Purchased
Under the Plans or
Programs
 
Balance as of December 29, 2019
  
40,000
  
$
26.58
   
40,000
   
160,000
 
December 29, 2019 – September 28, 2019
  
   
   
   
 
Balance as of September 28, 2019
  
40,000
  
$
26.58
   
40,000
   
160,000