Treasury Stock Purchase Program

3 Months Ended

Jun. 18, 2011

Treasury Stock Purchase Program [Abstract]

TREASURY STOCK PURCHASE PROGRAM

NOTE 8 — TREASURY STOCK PURCHASE PROGRAM

On June 24, 2010, the Board of Directors of the Company adopted and announced an annual share purchase program authorizing the Company to purchase up to $70 of the Company’s common stock with stock purchases to be made primarily from the cash generated from the settlement of stock options. This annual authorization program replaced the previously existing share purchase program and expired in June 2011. The Company did not purchase any shares during the first quarter ended June 18, 2011 under the share purchase program. During the first quarter ended June 19, 2010, the Company purchased 0.2 shares under a previously existing share purchase program at an average cost of $12.97 per share.