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Stock Repurchase and Dividends | 3 Months Ended
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Dec. 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 stock. In the first quarter of fiscal 2025, we repurchased and settled 600,007 shares with an average price of $41.67 per share for a total cost of $25.0 million in the open market. We did not repurchase any shares of our common stock in the first quarter of fiscal 2024. At December 29, 2024, we had a remaining balance of $322.8 million under our stock repurchase program. The following table presents dividends declared and paid in the first quarters of fisc al 2025 and 2024:
Declare Date |  | Dividend Paid Per Share |  | Record Date |  | Payment Date |  | Dividend Paid (in thousands)
November 11, 2024 |  | $ | 0.058 |  |  | November 27, 2024 |  | December 13, 2024 |  | $ | 15,549 |
November 13, 2023 |  | $ | 0.052 |  |  | November 30, 2023 |  | December 13, 2023 |  | $ | 13,873 |
Subsequent Event. O n January 27, 2025, our Board of Directors declared a quarterly cash dividend of $0.058 per share payable on February 26, 2025 to stockholders of record as of the close of business on February 12, 2025.

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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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