Share Repurchase Program

3 Months Ended

Mar. 28, 2020

Note G – Share Repurchase Program

On May 3, 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 first quarter of 2020, the Company repurchased 15,000 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 28, 2019		40,000	$	26.58		40,000		160,000
December 29, 2019 – March 28, 2020		15,000		24.59		15,000		145,000
Balance as of March 28, 2020		55,000	$	26.04		55,000		145,000