Note 10 - Common Stock Repurchases

3 Months Ended

Jun. 28, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 10. COMMON STOCK REPURCHASES

From time to time, we acquire outstanding common stock in the open market to partially offset dilution from our equity award programs, to increase our return on our invested capital and to bring our cash to a more appropriate level for Exar.

On August 28, 2007, we announced the approval of a share repurchase plan (“2007 SRP”) and authorized the repurchase of up to $100.0 million of our common stock.

On July 9, 2013, we announced the approval of a share repurchase program under which we were authorized to repurchase an additional $50.0 million of our common stock. The repurchase program does not have a termination date, and may be modified, extended or terminated at any time. We intend to retire all shares repurchased under the stock repurchase plan. The purchase price for the repurchased shares of Exar is reflected as a reduction of common stock and additional paid-in capital. We did not repurchase any common stock during the three months ended June 28, 2015.

Stock repurchase activities during fiscal year 2015 were indicated below (in thousands, except per share amounts):

	Total number of Shares Purchased		Average Price Paid Per Share (or Unit)		Amount Paid for Purchase
As of March 30, 2014		10,319	$	9.42	$	97,189
Repurchases – March 31 to April 27, 2014		273		10.98		3,000
Repurchases – July 28 to September 28, 2014		393		9.83		3,864
Repurchases – September 29 to December 28, 2014		125		9.08		1,135
As of March 29, 2015		11,110	$	9.47	$	105,188
Repurchases – March 30 to June 28, 2015		—		—		—
As of June 28, 2015		11,110	$	9.47	$	105,188

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Note: The average price paid per share is based on the total price paid by Exar, which includes applicable broker fees.