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STOCK REPURCHASE PROGRAMS | 9 Months Ended
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Oct. 01, 2023
Equity [Abstract] |
STOCK REPURCHASE PROGRAMS | STOCK REPURCHASE PROGRAMS In December 2022, the Board authorized an increase in the amount of the Company's common stock that may be acquired over the next 24 months under the current stock repurchase program to $100 million, including the $38.2 million remaining under the previous authorization. Approximately $84.1 million remains in the amount of the Company's common stock that may be acquired under the current stock repurchase program as of October 1, 2023. Under the stock repurchase plan, the Company made repurchases of common stock as follows for the respective periods:
|  | Third Quarter Ended |  | Nine Months Ended
|  | October 1, 2023 |  | September 25, 2022 |  | October 1, 2023 |  | September 25, 2022
Shares repurchased |  | 6,184 |  | 154,388 |  | 185,993 |  | 808,642
Average price |  | $ | 74.43 |  |  | $ | 48.18 |  |  | $ | 65.79 |  |  | $ | 60.28 |
Aggregate cost (in millions) |  | $ | 0.5 |  |  | $ | 7.4 |  |  | $ | 12.2 |  |  | $ | 48.7 |

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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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