Stockholders' Equity

12 Months Ended

Dec. 31, 2011

Stockholders' Equity [Abstract]

Stockholders' Equity

Note 14 Stockholders' Equity

Share count and par value data related to stockholders' equity are as follows:

	As of
	December 31,     2011		December 31,     2010
Preferred Stock
Par value per share	$	0.01	$	0.01
Shares authorized		10,000,000		10,000,000
Shares outstanding		0		0
Common Stock—Class A
Par value per share	$	0.01	$	0.01
Shares authorized		150,000,000		150,000,000
Shares issued		72,151,857		72,151,857
Shares outstanding		52,095,166		55,711,325
Treasury stock
Shares held		20,056,691		16,440,532

During the year ended December 31, 2011, Zebra purchased 4,353,801 shares of common stock for $160,200,000 under board authorized share repurchase plans compared to the year ended December 31, 2010, in which Zebra purchased 3,349,286 shares of common stock for $102,091,000. During the year ended December 31, 2009, Zebra purchased 3,173,182 shares of common stock for $65,445,000.

A roll forward of Class A common shares outstanding is as follows:

	Year Ended December 31,
	2011		2010
Balance at the beginning of the year		55,711,325		58,318,983
Repurchases		(4,353,801)		(3,349,286)
Stock options, rights and ESPP issuances		593,574		389,799
Restricted share issuances		215,510		375,279
Restricted share forfeitures		(17,138)		(16,252)
Shares withheld for tax obligations		(54,304)		(7,198)
Balance at the end of the period		52,095,166		55,711,325

Stockholder Rights Agreement. Zebra's Board of Directors adopted a Stockholder Rights Agreement under which stock purchase rights were paid by dividend to stockholders of record on March 15, 2002, at the rate of one Class A Right for each outstanding share of Class A Common Stock. Each Class A Right, other than those held by an acquiring person, entitles the registered holder to purchase one ten-thousandth of a share of Series A Junior Participating Preferred Stock, par value $0.01 per share, at a price of $133.33 per four ninety-thousandth of Class A Preferred Share after the distribution date. The distribution date is 10 days after the date on which any person or group announces that it has acquired 15% or more of Zebra's outstanding common stock or 10 days (or a later date as determined by the Board of Directors) after the date on which any person or group announces or commences a tender offer that would result in the person or group becoming an owner of 15% or more of the outstanding common stock.

The Board of Directors has determined to allow the Rights to expire on March 14, 2012.