STOCKHOLDERS EQUITY AND REPURCHAES OF COMMON STOCK

6 Months Ended

Apr. 14, 2024

Stockholders' Equity Note [Abstract]

STOCKHOLDERS EQUITY AND REPURCHASES OF COMMON STOCK

STOCKHOLDERS EQUITY AND REPURCHASES OF COMMON STOCK

Repurchases of common stock — The Company repurchased 0.5 million shares of its common stock in the year-to-date period ended April 14, 2024 for an aggregate cost of $40.3 million, including applicable excise tax. As of April 14, 2024, there was $210.0 million remaining under share repurchase programs authorized by the Board of Directors which do not expire.

Dividends — Through April 14, 2024, the Board of Directors declared two cash dividends of $0.44 per common share totaling $17.3 million. Future dividends are subject to approval by our Board of Directors.