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Shareholders' Equity
12 Months Ended
Sep. 29, 2018
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders' Equity
On February 14, 2018, the Board of Directors approved a new stock repurchase plan under which the Company is authorized to repurchase $200.0 million of its common stock (the "2018 Program"). The 2018 Program commenced upon completion of the 2016 Program, as defined below. During fiscal 2018, the Company repurchased 343,642 shares under this program for $21.2 million, at an average price of $61.61 per share. As of September 29, 2018$178.8 million of authority remained under the 2018 Program.
On June 6, 2016, the Board of Directors authorized a multi-year stock repurchase program under which the Company was authorized to repurchase up to $150.0 million of its common stock beginning in fiscal 2017 (the "2016 Program"). During fiscal 2018 and 2017, the Company completed the 2016 Program by repurchasing 1,914,596 and 655,470 shares for $115.9 million and $34.1 million, at an average price of $60.52 and $52.08 per share, respectively.
On August 20, 2015, the Board of Directors authorized a stock repurchase program under which the Company was authorized to repurchase up to $30.0 million of its common stock during fiscal 2016. During fiscal 2016, the Company repurchased 760,903 shares for $30.0 million, at an average price of $39.43 per share.
All shares repurchased under the aforementioned programs were recorded as treasury stock.