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Changes in Stockholders' Equity and Accumulated other Comprehensive Loss
3 Months Ended
Mar. 30, 2013
Stockholders' Equity Note [Abstract]  
Changes in Stockholders' Equity and Accumulated other Comprehensive Loss
Changes in Stockholders' Equity and Accumulated other Comprehensive loss (in thousands):

 
Common
stock
  
Paid-in
 capital
 
Treasury
stock
 
Accumu-
lated
deficit
 
Accumu-
lated
other
compre-
hensive
loss
 
Total
Balances, December 29, 2012
$
1,155

 
$
621,170

 
$

 
$
(264,514
)
 
$
(261
)
 
$
357,550

Net Income for the three months ended March 30, 2013

  

 

 
1,890

 

 
1,890

Unrealized loss related to marketable securities, net

  

 

 

 
(75
)
 
(75
)
Translation adjustments

  

 

 

 
(165
)
 
(165
)
Common stock issued in connection with the exercise of stock options, ESPP and vested RSUs (net of taxes)
6

 
1,350

 

 

 

 
1,356

Stock repurchase

 

 
(2,452
)
 

 

 
(2,452
)
Retirement of treasury stock
(6
)
 
(2,446
)
 
2,452

 

 

 

Stock-based compensation expense related to stock options, ESPP and RSUs

  
1,912

 

 

 

 
1,912

Balances, March 30, 2013
$
1,155

 
$
621,986

 
$

 
$
(262,624
)
 
$
(501
)
 
$
360,016



On February 24, 2012, the Company's Board of Directors approved a stock repurchase program pursuant to which up to $20.0 million of outstanding common stock may be repurchased from time to time. The duration of the repurchase program was twelve months. The 2012 program was completed during the three months ended March 30, 2013, with the repurchase of approximately 0.6 million shares for $2.5 million.

On February 27, 2013, the Company's Board of Directors approved a stock repurchase program pursuant to which up to $20.0 million of outstanding common stock may be repurchased from time to time. The duration of the repurchase program is twelve months. No shares were repurchased under this program during the three months ended March 30, 2013. We expect that all future repurchases will be open market transactions funded from available working capital.