Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity

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Stockholders' Equity
 12 Months Ended
Dec. 25, 2011
Stockholders' Equity  
Stockholders' Equity

14. Stockholders' Equity

        On August 12, 2010, the Company's board of directors re-authorized a repurchase of up to $50.0 million of the Company's common stock, which could be made from time to time in open market transactions or privately negotiated transactions through December 31, 2011. On October 26, 2011, the Company's board of directors re-authorized a repurchase of up to $50.0 million of the Company's common stock, which will expire December 31, 2012. This repurchase plan does not obligate the Company to acquire any specific number of shares or acquire shares over any specified period of time. There were 1.2 million shares purchased in 2011 with an average purchase price of $27.56 per share for a total of $33.0 million. As of December 25, 2011, there was an additional $47.7 million that may be purchased under this board authorized repurchase plan. No shares were repurchased under the plan in fiscal years 2010 or 2009.