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SHARE REPURCHASE PLAN
9 Months Ended
Jun. 23, 2012
SHARE REPURCHASE PLAN  
SHARE REPURCHASE PLAN

J.             SHARE REPURCHASE PLAN

 

On April 19, 2012, the Company announced the approval by its Board of Directors for the repurchase of up to $10 million of the Company’s outstanding common stock from time to time on the open market or in privately negotiated transactions, including pursuant to a Rule 10b5-1 nondiscretionary trading plan. This stock repurchase authorization is effective for a period of twelve months. Through June 23, 2012, the Company repurchased approximately 445,000 shares of common stock for approximately $4.8 million.