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Share Repurchase
9 Months Ended
Oct. 02, 2022
Equity [Abstract]  
Share Repurchase Share RepurchaseIn 2018, our Board of Directors authorized a share repurchase program, which allows us to purchase up to $300.0 million of our common stock through open market repurchases, negotiated transactions, or other means, in accordance with applicable securities laws and other restrictions. This program is funded with cash on hand and cash flows from operating activities. During the three months ended October 2, 2022, we repurchased 1.2 million shares of our common stock for an aggregate cost of $69.8 million at an average price per share of $59.84. During the nine months ended October 2, 2022, we repurchased 2.4 million shares of our common stock for an aggregate cost of $136.4 million at an average price per share of $57.50. Subsequent to October 2, 2022, we repurchased 0.2 million shares of our common stock for an aggregate cost of $13.6 million at an average price per share of $62.85. As of the date of this filing, we had $65.0 million of authorizations remaining under the program. During the three and nine months ended October 3, 2021, we did not repurchase any stock.