Share Repurchase

9 Months Ended

Dec. 23, 2023

Share Repurchase [Abstract]

Share Repurchase

Note 11 – Share Repurchase

We periodically repurchase shares of our common stock under a board-authorized repurchase program through open market transactions. The share repurchase activity below does not include excise tax of $0.4 million during the three and nine months ended December 23, 2023. The excise tax is assessed at one percent of the fair market value of net stock repurchases after December 31, 2022.

Share Repurchase Activity	Three Months Ended				Nine Months Ended
(thousands, except per share data)	December 23, 2023		December 24, 2022		December 23, 2023		December 24, 2022
Number of shares purchased		1,543.6		583.8		1,543.6		2,201.3
Average price paid per share	$	28.50	$	44.00	$	28.50	$	44.00
Total repurchased	$	43,997	$	25,687	$	43,997	$	96,853