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Stock Repurchase and Dividends
6 Months Ended
Apr. 02, 2023
Stock Repurchase And Dividends [Abstract]  
Stock Repurchase and Dividends Stock Repurchase and Dividends
On October 5, 2021, our Board of Directors authorized a new stock repurchase program under which we could repurchase up to $400 million of our common stock. We did not repurchase any shares of our common stock in the first half of fiscal 2023. At April 2, 2023, we had a remaining balance of $347.8 million under our stock repurchase program.

The following table presents dividends declared and paid in the first halves of fiscal 2023 and 2022:

Declare DateDividend Paid Per ShareRecord DatePayment DateDividend Paid
(in thousands)
November 7, 2022$0.23 November 21, 2022December 9, 2022$12,186 
January 30, 2023$0.23 February 13, 2023February 24, 202312,242 
Total dividend paid as of April 2, 2023$24,428 
November 15, 2021$0.20 December 2, 2021December 20, 2021$10,793 
January 31, 2022$0.20 February 11, 2022February 25, 202210,769 
Total dividend paid as of April 3, 2022$21,562 

Subsequent Event.  On May 8, 2023, our Board of Directors declared a quarterly cash dividend of $0.26 per share payable on June 6, 2023 to stockholders of record as of the close of business on May 24, 2023.