XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.2
Note 12 - Share Repurchases
 9 Months Ended
Jun. 28, 2025
Notes to Financial Statements  
Equity [Text Block]

(12) Share Repurchases

 

On November 18, 2008, our Board of Directors approved a share repurchase authorization to buy back up to $25.0 million of our outstanding common stock (the “Authorization”). Under the Authorization, repurchases may be made from time to time in the open market or in privately negotiated transactions subject to market conditions, applicable legal requirements and other factors. We are not obligated to acquire any common stock, and the program may be commenced or suspended at any time at our discretion without prior notice. The Authorization continues in effect until terminated by the Board of Directors. The Company repurchased $224,000 or 6,402 shares and $994,000 or 30,164 shares of its common stock during the three-month periods ended June 28, 2025, and June 29, 2024, respectively, and $2.0 million or 67,793 shares and $1.8 million or 58,099 shares of its common stock during the nine-month periods ended June 28, 2025, and June 29, 2024, respectively. As of June 28, 2025, there was $17.4 million remaining available for future share repurchases under this Authorization.