XML 128 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Capital Stock
12 Months Ended
Jul. 27, 2013
Stockholders' Equity Note [Abstract]  
Capital Stock
Capital Stock

During fiscal 2013, 2012 and 2011, the Company made the following repurchases under its share repurchase programs:
Fiscal Year Ended
 
Number of Shares Repurchased
 
Total Consideration
(Dollars in thousands)
 
Average Price Per Share
July 30, 2011
 
5,389,500

 
$
64,548

 
$
11.98

July 28, 2012
 
597,700

 
$
12,960

 
$
21.68

July 27, 2013
 
1,047,000

 
$
15,203

 
$
14.52


 
All shares repurchased have been subsequently canceled. As of July 27, 2013, approximately $22.8 million of the $40.0 million authorized on March 15, 2012 remained authorized for repurchases through September 15, 2013. On August 27, 2013, the Company announced that its Board of Directors had authorized $40.0 million to repurchase shares of the Company's outstanding common stock to be made over the next eighteen months in open market or private transactions. The repurchase authorization replaces the Company's previous repurchase authorization described above. As of September 12, 2013, the full $40.0 million remained authorized for repurchase.