Capital Stock

Repurchases of Common Stock - The Company made the following share repurchases during fiscal 2015 and fiscal 2016:



Period	Number of Shares Repurchased	Total Consideration (Dollars in thousands)		Average Price Per Share
Fiscal 2015	1,669,924	$	87,146	$	52.19
Three months ended October 24, 2015	954,224	$	69,997	$	73.35

Shares repurchased during the three months ended October 24, 2015 includes shares repurchased in connection with the Notes offering in September 2015. The Company used approximately $60.0 million of the net proceeds from the Notes to repurchase 805,000 shares of its common stock from the initial purchasers of the Notes in privately negotiated transactions at a price of $74.53 per share, the closing price of Dycom's common stock on September 9, 2015. All shares repurchased have been canceled. As of October 24, 2015, $50.0 million authorized on August 25, 2015 remained available for repurchases through February 2017.

Restricted Stock Tax Withholdings - During the three months ended October 24, 2015 and October 25, 2014, the Company withheld approximately 15,301 shares and 10,931 shares, respectively, totaling $1.2 million and $0.3 million, respectively, to meet payroll tax withholdings obligations arising from the vesting of restricted share units. All shares withheld have been canceled. Shares withheld for tax withholdings do not reduce the Company's total share repurchase authority.