6.	Shareholders’ Equity

During the nine months ended April 27, 2018, the Company issued 47,929 shares of its common stock resulting from the vesting of share-based compensation awards and stock option exercises. Related tax withholding payments on these share-based compensation awards exceeded proceeds received from the exercise of stock options, which resulted in a net reduction to shareholders’ equity of $3,360.

During the nine months ended April 27, 2018, the Company repurchased 100,000 shares of its common stock in the open market at an aggregate cost of $14,772.

During the nine months ended April 27, 2018, total share-based compensation expense was $6,063.

During the nine months ended April 27, 2018, the Company paid regular dividends of $3.60 per share of its common stock and declared a regular dividend of $1.20 per share of its common stock that was paid on May 7, 2018 to shareholders of record on April 13, 2018. On May 22, 2018, the Company declared a regular dividend of $1.25 per share of its common stock to be paid on August 6, 2018 to shareholders of record on July 13, 2018. Additionally, on May 22, 2018, the Company declared a special dividend of $3.75 per share of its common stock to be paid on August 3, 2018 to shareholders of record on July 13, 2018.

The following table summarizes the changes in AOCIL, net of tax, related to the Company’s interest rate swaps for the nine months ended April 27, 2018 (see Notes 2 and 5):

	Changes in AOCIL
AOCIL balance at July 28, 2017	$	(4,229	)
Other comprehensive income before reclassifications		10,661
Amounts reclassified from AOCIL		(1,981	)
Other comprehensive income, net of tax		8,680
AOCIL balance at April 27, 2018	$	4,451

The following table summarizes the amounts reclassified out of AOCIL related to the Company’s interest rate swaps for the quarter and nine months ended April 27, 2018:

	Amount Reclassified from AOCIL						Affected Line Item in the
	Quarter Ended			Nine Months Ended			Condensed Consolidated Financial Statements
Loss on cash flow hedges:
Interest rate swaps	$	(865	)	$	(2,852	)	Interest expense
Tax benefit		264			871		Provision for income taxes
	$	(601	)	$	(1,981	)	Net of tax