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Stockholders' Equity (Tables)
9 Months Ended
Sep. 27, 2020
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 September 27, 2020.

 

Effective date

 

Expiration date

 

Amount

authorized

 

 

Cost of

repurchases

 

 

Authorization

available

 

February 20, 2017

 

December 31, 2018

 

$

250,000

 

 

$

250,000

 

 

$

 

February 20, 2018

 

December 31, 2019

 

$

350,000

 

 

$

308,017

 

 

$

 

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

 

 

Thirty-nine weeks ended

 

 

 

September 27,

2020

 

 

September 29,

2019

 

 

September 27,

2020

 

 

September 29,

2019

 

Number of common shares acquired

 

 

 

 

 

 

 

 

 

 

 

7,302,878

 

Average price per common share acquired

 

$

 

 

$

 

 

$

 

 

$

22.36

 

Total cost of common shares acquired

 

$

 

 

$

 

 

$

 

 

$

163,310