Stockholders' Equity

9 Months Ended

Jul. 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 nine months ended July 2, 2022, the Company repurchased 4,650,276 shares for an aggregate purchase price of $117.1 million at an average price of $25.16 per share under the repurchase program. The Company had $32.9 million available for share repurchases under the repurchase program as of July 2, 2022.

Treasury stock during the nine months ended July 2, 2022, included shares withheld to satisfy employees' tax withholding requirements in connection with vesting of RSUs. Additionally, during the nine months ended July 2, 2022, the Company retired 4,375,584 shares of treasury stock.