Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

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Repurchase of Common Stock
3 Months Ended
Oct. 01, 2011
Repurchase of Common Stock [Abstract]  
Treasury Stock [Text Block]
Repurchase of Common Stock
On August 17, 2011, our Board of Directors approved a $5 million increase in our Stock Repurchase Program, bringing the total amount authorized to $20.0 million. During the three months ended October 1, 2011, we purchased 92,756 shares of our common stock for a total cost of $1.5 million. Since the inception of the Stock Repurchase Program, we have purchased 1,294,283 shares of our common stock for an aggregate of $13.0 million. All purchases were made at the discretion of our management. As of October 1, 2011, $7.0 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.
The following table summarizes the purchases of our common stock for the quarter ended October 1, 2011:
Period
Total Number of Shares Purchased
 
Average Price Paid per Share
 
Total Number of Shares Purchased as Part of Publicly Announced Plans
 
Dollar Value of Shares that May Yet Be Purchased Under the Plans
July 3 to August 6, 2011

 
$

 

 
$8.4 million
August 7 to September 3, 2011
33,852

 
$
15.82

 
33,852

 
$7.9 million
September 4 to October 1, 2011
58,904

 
$
15.68

 
58,904

 
$7.0 million
Total
92,756

 
$
15.73

 
92,756

 
$7.0 million