Stockholders' Equity

3 Months Ended

Jun. 29, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Common Stock 

The Company issued a net 0.1 million and 0.1 million shares of common stock during the three months ending June 29, 2019 and June 30, 2018, respectively, pursuant to the Company's equity incentive plans.

Share Repurchase Program   

Since inception, approximately $200 million of the Company’s common stock has been repurchased under the Company’s 2018 $200 million share repurchase program. An immaterial amount remains available for repurchase under this plan as of June 29, 2019.  During the three months ended June 29, 2019, the Company repurchased 0.9 million shares of its common stock, for $40.0 million, at an average cost of $45.04 per share.  All of these shares were repurchased in the open market and were funded from existing cash.  All shares of our common stock that were repurchased were retired as of June 29, 2019. In January 2019, the Board of Directors authorized repurchase of up to an additional $200 million of the Company's common stock. No shares have been repurchased under the new plan as of June 29, 2019.