Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity

Stockholders' Equity
12 Months Ended
Dec. 28, 2014
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity
Public Offerings
The following table summarizes our public offerings of common stock, all of which have been registered under the Securities Act of 1933:
Number of Shares
Net Proceeds
Use of Proceeds
July 27, 2012
January 30, 2013
April 17, 2013
Proceeds were used to repay amounts outstanding under the Old Credit Facility.
The Company did not receive any proceeds from the two secondary offerings as all shares sold in the offerings were owned by certain of the Company's existing stockholders.
The selling stockholders paid all of the underwriting discounts and commissions associated with the sale of shares in the two secondary offerings; however, the Company incurred costs and registration expenses related to the offerings of approximately $925,000 and $228,000 during the years ended December 29, 2013 and December 30, 2012, respectively.
Convertible Preferred Stock
In accordance with the Company’s certificate of incorporation and effective immediately prior to the closing of the IPO on July 27, 2012, all preferred stock mandatorily converted into common stock on a 1:1 basis.
Share Repurchase
On April 6, 2012, the Company repurchased 15,627 and 1,640,035 shares of common and preferred stock, respectively, totaling $22.5 million including expenses.