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Stock Repurchase and Dividends | 12 Months Ended
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Oct. 01, 2023
Stock Repurchase And Dividends [Abstract] |
Stock Repurchase and Dividends | Stock Repurchase and DividendsOn October 5, 2021, our Board of Directors authorized a new stock repurchase program under which we could repurchase up to $400 million of our common stock. In fiscal 2023, we did not repurchase any shares of our common stock. We repurchased and settled 1,341,679 shares with an average price of $149.07 per share for a total cost of $200.0 million in fiscal 2022, and 479,369 shares with an average price of $125.16 per share for a total cost of $60.0 million in fiscal 2021, in the open market. As of October 1, 2023, we had a remaining balance of $347.8 million under our repurchase program. The following table presents dividends declared and paid in fiscal 2023, 2022 and 2021:
Declare Date |  | Dividend Paid Per Share |  | Record Date |  | Payment Date |  | Dividends Paid (in thousands)
November 7, 2022 |  | $ | 0.23 |  |  | November 21, 2022 |  | December 9, 2022 |  | $ | 12,186 |
January 30, 2023 |  | $ | 0.23 |  |  | February 13, 2023 |  | February 24, 2023 |  | 12,242 |
May 8, 2023 |  | $ | 0.26 |  |  | May 24, 2023 |  | June 6, 2023 |  | 13,840 |
August 7, 2023 |  | $ | 0.26 |  |  | August 23, 2023 |  | September 6, 2023 |  | 13,845 |
Total dividends paid as of October 1, 2023 |  | $ | 52,113 |
November 15, 2021 |  | $ | 0.20 |  |  | December 2, 2021 |  | December 20, 2021 |  | $ | 10,793 |
January 31, 2022 |  | $ | 0.20 |  |  | February 11, 2022 |  | February 25, 2022 |  | 10,769 |
May 2, 2022 |  | $ | 0.23 |  |  | May 13, 2022 |  | May 27, 2022 |  | 12,311 |
August 1, 2022 |  | $ | 0.23 |  |  | August 12, 2022 |  | August 26, 2022 |  | 12,226 |
Total dividends paid as of October 2, 2022 |  | $ | 46,099 |
November 9, 2020 |  | $ | 0.17 |  |  | November 30, 2020 |  | December 11, 2020 |  | $ | 9,198 |
January 25, 2021 |  | $ | 0.17 |  |  | February 10, 2021 |  | February 26, 2021 |  | 9,212 |
April 26, 2021 |  | $ | 0.20 |  |  | May 12, 2021 |  | May 28, 2021 |  | 10,831 |
July 26, 2021 |  | $ | 0.20 |  |  | August 20, 2021 |  | September 3, 2021 |  | 10,800 |
Total dividends paid as of October 3, 2021 |  | $ | 40,041 |
Subsequent Events. On November 13, 2023, our Board of Directors declared a quarterly cash dividend of $0.26 per share payable on December 13, 2023 to stockholders of record as of the close of business on November 30, 2023.

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- Definition Stock Repurchase And Dividends [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505-30/tableOfContent + Details
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