Stockholders' Equity

3 Months Ended

Jul. 02, 2017

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Stock Repurchase Program. In the three months ended July 2, 2017 and July 3, 2016, the Company repurchased 1.4 million shares for $34.8 million and 1.5 million shares for $30.6 million, respectively. As of July 2, 2017, approximately $57.3 million was available for future purchase under the share repurchase program. Shares repurchased were recorded as treasury stock and resulted in a reduction of stockholder's equity. On July 28, 2017, the Company's Board of Directors approved an increase to the share repurchase authorization of $200 million.