Stockholders' Equity

3 Months Ended

Jun. 26, 2021

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Common Stock 

The Company issued a net 0.1 million shares of common stock during each of the three months ended June 26, 2021 and June 27, 2020, pursuant to the Company's equity incentive plans.

Share Repurchase Program   

In January 2019, the Company announced that the Board of Directors authorized a share repurchase program of up to $200 million of the Company's common stock. During the three months ended June 26, 2021, the Company completed share repurchases under the 2019 plan. In January 2021, the Board of Directors authorized the repurchase of an additional $350 million of the Company’s common stock. Approximately $2.5 million of the Company’s common stock has been repurchased under the Company’s 2021 share repurchase program, leaving approximately $347.5 million available for repurchase under this plan as of June 26, 2021.  During the three months ended June 26, 2021, the Company repurchased 0.2 million shares of its common stock under these combined plans for $12.5 million, at an average cost of $75.19 per share.