10. COMMON STOCK REPURCHASES

Share repurchase activities were as follows:



	Fiscal Years Ended
	March 30, 2013		March 31, 2012		April 2, 2011
Number of shares repurchased		498,000		901,000		273,000
Cost of shares repurchased	$	8,673,000	$	17,139,000	$	6,267,000
Average price per share	$	17.42	$	19.02	$	22.97

In January 2011, the Board of Directors designated $60,000,000 of the Company’s cash, cash equivalents and investments for a major stock repurchase through March 30, 2013, and accordingly increased the Company’s share repurchase program from approximately 556,000 shares to 2,500,000 shares. The amended repurchase program has no expiration date except, unless extended, when an aggregate of 2,500,000 shares have been repurchased, either on the open market or through private transactions. From January 2011 through March 30, 2013, the Company applied approximately $32 million to stock repurchases. As of March 30, 2013, there were approximately 828,000 shares authorized for future repurchase under the Company’s current program.

In addition to the current repurchase program, the Company had other programs since 1992 and under all such programs through March 30, 2013, the Company has repurchased a total of approximately 4,016,000 shares of the common stock for an aggregate cost of $68,630,000. Upon their repurchase, shares are restored to the status of authorized but unissued shares.