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Stockholders' Equity
 6 Months Ended
Mar. 30, 2024
Equity [Abstract]  
Stockholders' Equity
9. Stockholders' Equity
On November 15, 2023, the Board of Directors (the "Board") authorized a common stock repurchase program of up to $200.0 million. During the six months ended March 30, 2024, the Company repurchased 4,523,740 shares for an aggregate purchase price of $76.2 million at an average price of $16.85 per share under the repurchase program. Aggregate purchase price and average price per share exclude commission and excise tax. As of January 1, 2023, the Company's share repurchases in excess of issuances are subject to a 1% excise tax enacted by the Inflation Reduction Act. Any excise tax incurred is recognized as part of the cost basis of the shares acquired in the condensed consolidated statements of equity. The Company had $123.8 million available for share repurchases under the repurchase program as of March 30, 2024.
Treasury stock during the six months ended March 30, 2024, included 840,735 shares withheld to satisfy employees' tax withholding requirements in connection with vesting of stock awards. Additionally, during the six months ended March 30, 2024, the Company retired 5,903,097 shares of treasury stock.