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Stockholders' Equity (Tables)
3 Months Ended
Apr. 03, 2022
Equity [Abstract]  
Schedule of Common Stock Share Repurchase Programs Authorized by Board of Directors from Time to Time and Related Repurchase Activity and Available Authorized The following table outlines the common stock share repurchase programs authorized by the Company’s board of directors and the related repurchase activity and available authorization as of April 3, 2022.

 

Effective date

 

Expiration date

 

Amount
authorized

 

 

Cost of
repurchases

 

 

Authorization
available

 

March 3, 2021

 

March 2, 2022

 

$

300,000

 

 

$

200,200

 

 

$

 

March 2, 2022

 

December 31, 2024

 

$

600,000

 

 

$

33,858

 

 

$

566,142

 

Schedule of Share Repurchase Activity Under Share Repurchase Programs

Share repurchase activity under the Company’s repurchase programs for the periods indicated was as follows (total cost in thousands):

 

 

 

Thirteen weeks ended

 

 

 

April 3, 2022

 

 

April 4, 2021

 

Number of common shares acquired

 

 

1,481,187

 

 

 

129,968

 

Average price per common share acquired

 

$

30.86

 

 

$

24.69

 

Total cost of common shares acquired

 

$

45,715

 

 

$

3,209