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Stock Repurchase and Dividends | 12 Months Ended
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Sep. 29, 2024
Stock Repurchase And Dividends [Abstract] |
Stock Repurchase and Dividends | Stock Repurchase and Dividends On October 5, 2021, our Board of Directors authorized a stock repurchase program under which we could repurchase up to $400 million of our common stoc k. In fiscal 2024 and 2023, we did not repurchase any shares of our common stock. We repurchased and settled 6,708,395 shares with an average price of $29.81 per share for a total cost of $200.0 million in fiscal 2022 in the open market. At fiscal 2024 year-end, we had a remaining balance of $347.8 million under our stock repurchase program. The following table presents dividends declared and paid in fiscal 2024, 2023 and 2022:
Declare Date |  | Dividend Paid Per Share |  | Record Date |  | Payment Date |  | Dividends Paid (in thousands)
November 13, 2023 |  | $ | 0.052 |  |  | November 30, 2023 |  | December 13, 2023 |  | $ | 13,873 |
January 29, 2024 |  | 0.052 |  |  | February 14, 2024 |  | February 27, 2024 |  | 13,908 |
April 29, 2024 |  | 0.058 |  |  | May 20, 2024 |  | May 31, 2024 |  | 15,522 |
July 29, 2024 |  | 0.058 |  |  | August 15, 2024 |  | August 30, 2024 |  | 15,525 |
Total dividends paid as of September 29, 2024 |  | $ | 58,828 |
November 7, 2022 |  | $ | 0.046 |  |  | November 21, 2022 |  | December 9, 2022 |  | $ | 12,186 |
January 30, 2023 |  | 0.046 |  |  | February 13, 2023 |  | February 24, 2023 |  | 12,242 |
May 8, 2023 |  | 0.052 |  |  | May 24, 2023 |  | June 6, 2023 |  | 13,840 |
August 7, 2023 |  | 0.052 |  |  | August 23, 2023 |  | September 6, 2023 |  | 13,845 |
Total dividends paid as of October 1, 2023 |  | $ | 52,113 |
November 15, 2021 |  | $ | 0.040 |  |  | December 2, 2021 |  | December 20, 2021 |  | $ | 10,793 |
January 31, 2022 |  | 0.040 |  |  | February 11, 2022 |  | February 25, 2022 |  | 10,769 |
May 2, 2022 |  | 0.046 |  |  | May 13, 2022 |  | May 27, 2022 |  | 12,311 |
August 1, 2022 |  | 0.046 |  |  | August 12, 2022 |  | August 26, 2022 |  | 12,226 |
Total dividends paid as of October 2, 2022 |  | $ | 46,099 |
Subsequent Events. On November 11, 2024, our Board of Directors declared a quarterly cash dividend of $0.058 per share payable on December 13, 2024 to stockholders of record as of the close of business on November 27, 2024.

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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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