Stockholders' Equity |
3 Months Ended |
|---|---|
Mar. 30, 2024 | |
| Equity [Abstract] | |
| Stockholders' Equity | Stockholders' Equity Share Repurchase Program In November 2021, our Board of Directors approved a share repurchase program. This program, effective November 5, 2021 and without an expiration date, authorizes us to repurchase up to $100.0 million of our outstanding common stock utilizing a variety of methods including open-market purchases, accelerated share repurchase programs, privately negotiated transactions, structured repurchase transactions and under a Rule 10b5-1 plan (which would permit shares to be repurchased when we might otherwise be precluded from doing so under securities laws). Any repurchased shares are constructively retired and returned to an unissued status. During the 13 weeks ended March 30, 2024, we repurchased 200,803 shares of common stock totaling $5.3 million at an average price of $26.52 per share in open-market transactions pursuant to a Rule 10b5-1 plan. During the 13 weeks ended April 1, 2023, we repurchased 122,862 shares of common stock totaling $3.3 million at an average price of $26.66 per share in open-market transactions pursuant to a Rule 10b5-1 plan. As of March 30, 2024, we had $84.4 million of repurchase authority remaining under the share repurchase program.
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