Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

6 Months Ended

Dec. 29, 2012

As of June 30, 2012, our Board of Directors had authorized management to use up to $20.0 million to repurchase Delta Apparel stock in open market transactions under our Stock Repurchase Program. On January 23, 2013, the Board of Directors authorized an additional $10.0 million for share repurchases under the Stock Repurchase Program, bringing the aggregate total to $30.0 million. Prior to the Board of Director's action, $2.7 million remained available for future purchases.

During the second quarter of fiscal years 2013 and 2012, we purchased 139,797 shares and 49,948 shares, respectively, of our common stock for a total cost of $2.0 million and $0.9 million, respectively. As of December 29, 2012, we have purchased 1,582,298 shares of common stock for an aggregate of $17.3 million since the inception of the Stock Repurchase Program. All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule 10b-18. As of December 29, 2012, $2.7 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 December 29, 2012:



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 *
September 30 to November 3, 2012	43,753	$14.63	43,753		$4.1	million
November 4 to December 1, 2012	40,807	$14.62	40,807		$3.5	million
December 2 to December 29, 2012	55,237	$14.08	55,237		$2.7	million
Total	139,797	$14.41	139,797		$2.7	million