Stockholders' Equity

3 Months Ended

Sep. 29, 2018

Equity [Abstract]

Stockholders' Equity

Note 14. Stockholders' Equity

Repurchase of Common Stock

In February 2018, the Board of Directors increased the previously authorized stock repurchase program from $150 million to $200 million. The Board also extended the period during which repurchases could be made to September 30, 2019. Under the revised repurchase authorization, the Company may repurchase its common stock from time to time at the discretion of the Company’s management.

During the three months endedSeptember 29, 2018, the Company did not repurchase any shares of its common stock. As of September 29, 2018, the Company had remaining authorization of $62.6 million for future share repurchases. The number of shares to be repurchased and the timing of such repurchases will be based on several factors, including business and financial market conditions.