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Capital Stock
12 Months Ended
Dec. 25, 2016
Capital Stock [Abstract]  
Capital Stock

(11) Capital Stock

In February 2015 the Company’s Board of Directors authorized the repurchases of up to $500,000 in common stock. Purchases of the Company’s common stock may be made from time to time, subject to market conditions, and may be made in the open market or through privately negotiated transactions. The Company has no obligation to repurchase shares under the authorization and the time, actual number, and the value of the shares which are repurchased will depend on a number of factors, including the price of the Company’s common stock. In 2016, the Company repurchased 1,894 shares at an average price of $79.86. The total cost of these repurchases, including transaction costs, was $151,331. At December 25, 2016, $327,990 remained under the current authorizations.