Annual report pursuant to Section 13 and 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

12 Months Ended

Jun. 29, 2013

REPURCHASE OF COMMON STOCK

As of June 30, 2012, our Board of Directors had authorized management to use up to $20.0 million to repurchase 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, bringing the aggregate total authorized to $30.0 million.

During fiscal years 2013, 2012 and 2011, we purchased 544,576 shares, 168,120 shares and 176,756 shares, respectively, of our common stock for a total cost of $7.8 million, $2.6 million and $2.5 million, respectively. As of June 29, 2013, we have purchased 1,914,223 shares of common stock for an aggregate of $22.0 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 June 29, 2013, $8.0 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 June 29, 2013:



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
March 31 to May 5, 2013	29,470	$14.41	29,470		$10.8	million
May 6 to June 1, 2013	89,582	$14.05	89,582		$9.6	million
June 2 to June 29, 2013	109,302	$14.73	109,302		$8.0	million
Total	228,354	$14.42	228,354		$8.0	million*

* As of June 29, 2013