Share Repurchase Program

6 Months Ended

Jul. 02, 2022

Share Repurchase Program

Note I - Share Repurchase Program

Note I – Share Repurchase Program

On May 2, 2018, the Company announced that the Board of Directors of the Company 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 price per share.  Under this program, shares of common stock 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”). Below is a summary of the Company’s share repurchases during the second quarter of 2022.

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 April 2, 2022		99,834	$	25.73		99,834		100,166
April 3, 2022 - July 2, 2022		29,762		22.06		29,762		(29,762	)
Balance as of July 2, 2022		129,596	$	24.89		129,596		70,404