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EXCEL - IDEA: XBRL DOCUMENT - Caribou Coffee Company, Inc.Financial_Report.xls
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v2.4.0.6
Stock Purchase Program
9 Months Ended
Sep. 30, 2012
Stock Purchase Program [Abstract]  
Stock Purchase Program

7. Stock Purchase Program

On February 22, 2010, the Board of Directors approved a stock purchase program providing for the purchase by the Company of up to $10 million of the Company’s common stock. During the thirty-nine weeks ended September 30, 2012, the Company purchased 759,000 shares of common stock, at an average price of $11.75, in accordance with this stock purchase program. No shares were purchased during the thirteen weeks ended September 30, 2012.

Purchases under the Company’s stock purchase programs may be made from time to time on the open market at prevailing market prices or in negotiated transactions off the market. As of September 30, 2012, there is $1.0 million remaining for future stock repurchases under the Company’s stock purchase program.