Stockholders' Equity

3 Months Ended

Jun. 28, 2015

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Stock Repurchase Program. In April 2015, the Company's Board of Directors approved a new share repurchase program authorization for $300 million. As of March 29, 2015, approximately $26.7 million was available for future purchase under the old program. In the three months ended June 28, 2015, the Company repurchased $1.4 million shares for $30.6 million. As of June 28, 2015, approximately $278.1 million was available for future purchase under the new share repurchase program. In fiscal 2015, the Company repurchased 5.3 million shares for $79.2 million. Shares repurchased were recorded as treasury stock and resulted in a reduction of stockholder's equity.