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STOCKHOLDERS’ DEFICIT
4 Months Ended
Jan. 22, 2023
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS’ DEFICIT STOCKHOLDERS’ DEFICIT
Summary of changes in stockholders’ deficit A reconciliation of the beginning and ending amounts of stockholders’ deficit is presented below (in thousands):
Number
of Shares
AmountCapital in
Excess of
Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Treasury
Stock
Total
Balance at October 2, 202282,581 $826 $508,323 $1,842,947 $(53,982)$(3,034,306)$(736,192)
Shares issued under stock plans, including tax benefit36 — — — — — — 
Share-based compensation— — 3,534 — — — 3,534 
Dividends declared— — 67 (9,221)— — (9,154)
Purchases of treasury stock— — — — — (14,999)(14,999)
Net earnings— — — 53,254 — — 53,254 
Other comprehensive income— — — — 489 — 489 
Balance at January 22, 202382,617 $826 $511,924 $1,886,980 $(53,493)$(3,049,305)$(703,068)
Number
of Shares
AmountCapital in
Excess of
Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Treasury
Stock
Total
Balance at October 3, 202182,536 $825 $500,441 $1,764,412 $(74,254)$(3,009,306)$(817,882)
Shares issued under stock plans, including tax benefit28 48 — — — 49 
Share-based compensation— — 1,018 — — — 1,018 
Dividends declared— — 63 (9,320)— — (9,257)
Net earnings— — — 39,270 — — 39,270 
Other comprehensive income— — — — 738 — 738 
Balance at January 23, 202282,564 $826 $501,570 $1,794,362 $(73,516)$(3,009,306)$(786,064)
Repurchases of common stock The Company repurchased 0.2 million shares of its common stock in the first quarter of fiscal 2023 for an aggregate cost of $15.0 million. As of January 22, 2023, there was $160.0 million remaining under share repurchase programs authorized by the Board of Directors which expire in November 2023.
Dividends — During the first quarter of 2023, the Board of Directors declared a cash dividend of $0.44 per common share totaling $9.2 million. Future dividends are subject to approval by our Board of Directors.