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Common Stock (Tables) | 6 Months Ended
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Jun. 25, 2023
Equity [Abstract] |
Schedule of repurchase activity | The following table summarizes our repurchase activity under our share repurchase programs for the three and six months ended June 25, 2023 and June 26, 2022:
(In thousands, except average price per share) |  | Total Number of Shares Purchased |  | Average Price Paid per Share |  | Aggregate Cost of Shares Purchased |  | Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
Three Months Ended |  |  |  |
June 25, 2023 |  | — |  |  | $ | — |  |  | $ | — |  |  | $ | 90,160 |
June 26, 2022 |  | 452 |  |  | $ | 94.56 |  |  | $ | 42,762 |  |  | $ | 349,329 |
(In thousands, except average price per share) |  | Total Number of Shares Purchased |  | Average Price Paid per Share |  | Aggregate Cost of Shares Purchased (a) |  | Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
Six Months Ended |  |  |  |
June 25, 2023 |  | 2,523 |  |  | $ | 83.10 |  |  | $ | 209,640 |  |  | $ | 90,160 |
June 26, 2022 |  | 753 |  |  | $ | 100.23 |  |  | $ | 75,471 |  |  | $ | 349,329 |
(a) Aggregate cost of shares purchased for the six months ended June 25, 2023 excludes $2.8 million of transaction costs directly attributable to share repurchases, including a 1% excise tax incurred under the Inflation Reduction Act of 2022. Of these costs, $2.1 million were classified as non-cash financing activities during the six months ended June 25, 2023.

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- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Section 25 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481138/505-30-25-5 + Details
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- References No definition available. + Details
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