Stockholders' Equity

6 Months Ended

Apr. 02, 2022

Equity [Abstract]

Stockholders' Equity

8. Stockholders' Equity

On November 17, 2021, the Board of Directors (the "Board") authorized a common stock repurchase program of up to $150.0 million. During the six months ended April 2, 2022, the Company repurchased 2,644,170 shares for an aggregate purchase price of $74.5 million at an average price of $28.15 per share under the repurchase program. The Company had $75.5 million available for share repurchases under the repurchase program as of April 2, 2022.

Treasury stock during the six months ended April 2, 2022, included shares withheld to satisfy employees' tax withholding requirements in connection with vesting of RSUs. Additionally, during the six months ended April 2, 2022, the Company retired 3,428,470 shares of treasury stock.