Stockholders' Equity

9 Months Ended

Dec. 28, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Common Stock 

The Company issued a net 0.8 million and 1.1 million shares of common stock during the three and nine months ending December 28, 2019, respectively, pursuant to the Company's equity incentive plans. The Company issued a net 0.7 million and 0.9 million shares of common stock during the three and nine months ending December 29, 2018, respectively, pursuant to the Company's equity incentive plans.

Share Repurchase Program   

Since inception, approximately $30 million of the Company’s common stock has been repurchased under the Company’s 2019 $200 million share repurchase program, leaving approximately $170 million available for repurchase under this plan as of December 28, 2019.  During the three months ended December 28, 2019, the Company repurchased no shares of its common stock. During the nine months ended December 28, 2019, the Company repurchased 1.4 million shares of its common stock, for $70.0 million, at an average cost of $48.37 per share.  The repurchased shares in the second quarter of fiscal year 2020 include an immaterial amount of shares that closed out the Company's 2018 share repurchase program. 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 December 28, 2019.