APPLIED MICRO CIRCUITS CORP | 2013 | FY | 3


The table below is a plan-to-date summary of the Company’s repurchase program activity as of March 31, 2013 (in thousands, except per share data):
 
 
Aggregate
Price
 
Repurchased
Shares
 
Average Price
Per Share
Stock repurchase program
 
 
 
 
 
Authorized amount
$
300,000

 
$

 
$

Open market repurchases
173,611

 
17,284

 
10.04

Structured stock repurchase agreements*
110,517

 
9,989

 
11.06

Total repurchases
$
284,128

 
$
27,273

 
$
10.42

Available for repurchase
$
15,872

 
 
 
 
 ____________________
*
The amounts above do not include gains recorded to additional paid-in-capital of $12.8 million from structured stock repurchase agreements which settled in cash. The average price per share for structured stock repurchase agreements adjusted for gains from settlements in cash would have been $9.78 per share and for total repurchases would have been $9.97 per share.

us-gaap:AcceleratedShareRepurchasesTextBlock