Stockholders' Equity

3 Months Ended

Jul. 01, 2018

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Stock Repurchase Program. On April 24, 2018, the Company's Board of Directors approved an increase to the share repurchase authorization of $400 million. In the three months ended July 1, 2018 and July 2, 2017, the Company repurchased 1.6 million shares for $49.3 million and 1.4 million shares for $34.8 million, respectively. As of July 1, 2018, approximately $457.5 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.