XML 25 R14.htm IDEA: XBRL DOCUMENT v3.21.1
Stockholders' Equity
6 Months Ended
Apr. 03, 2021
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
Share repurchase program

On November 17, 2020, the Board of Directors authorized a common stock repurchase program of up to $50.0 million. During the six months ended April 3, 2021, the Company repurchased 19,547 shares for an aggregate purchase price of $0.7 million at an average price of $34.86 per share under the repurchase program. The Company had $49.3 million available for share repurchases under the repurchase program as of April 3, 2021.     
Treasury stock during the six months ended April 3, 2021 included shares withheld to satisfy employees' tax withholding requirements in connection with vesting of RSUs. Additionally, during the six months ended April 3, 2021 the Company retired 1,017,308 shares of treasury stock. The Company accounts for the retirement of treasury stock by deducting its par value from common stock and reflecting any excess of cost over par value as a deduction from additional paid-in-capital on the condensed consolidated balance sheets.