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Share Repurchase Authorization | 6 Months Ended
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Jul. 02, 2022
Share Repurchase Program [Abstract] |
Share Repurchase Authorization | NOTE 16. Share Repurchase Authorization In November 2020, the Onto Innovation Board of Directors approved a share repurchase authorization, which allows the Company to repurchase up to $100 million worth of shares of its common stock. Repurchases may be made through both public market and private transactions from time to time with shares purchased being subsequently retired. No shares were purchased in the three and six months ended July 2, 2022. At July 2, 2022, there was $100 million available for future share repurchases under this share repurchase authorization.

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