Stock Repurchase and Dividends	12 Months Ended
Oct. 02, 2016
Stock Repurchase and Dividends
Stock Repurchase and Dividends	3. Stock Repurchase and Dividends On November 10, 2014, the Board of Directors authorized a stock repurchase program under which we could repurchase up to $200 million of our common stock over the succeeding two years. In fiscal 2016, we repurchased through open market purchases under this program a total of 3,468,062 shares at an average price of $28.69, for a total cost of $99.5 million. On November 9, 2015, the Board of Directors declared a quarterly cash dividend of $0.08 per share payable on December 11, 2015 to stockholders of record as of the close of business on November 30, 2015. On January 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.08 per share payable on February 26, 2016 to stockholders of record as of the close of business on February 12, 2016. On April 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on May 27, 2016 to stockholders of record as of the close of business on May 13, 2016. On July 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on August 31, 2016 to stockholders of record as of the close of business on August 12, 2016. Dividends totaling $19.7 million and $18.2 million were paid in fiscal 2016 and fiscal 2015, respectively. Subsequent Events. On November 7, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on December 14, 2016 to stockholders of record as of the close of business on December 1, 2016. The Board also authorized a new stock repurchase program under which we could repurchase up to $200 million of our common stock.

3. Stock Repurchase and Dividends

On November 10, 2014, the Board of Directors authorized a stock repurchase program under which we could repurchase up to $200 million of our common stock over the succeeding two years. In fiscal 2016, we repurchased through open market purchases under this program a total of 3,468,062 shares at an average price of $28.69, for a total cost of $99.5 million.

On November 9, 2015, the Board of Directors declared a quarterly cash dividend of $0.08 per share payable on December 11, 2015 to stockholders of record as of the close of business on November 30, 2015. On January 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.08 per share payable on February 26, 2016 to stockholders of record as of the close of business on February 12, 2016. On April 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on May 27, 2016 to stockholders of record as of the close of business on May 13, 2016. On July 25, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on August 31, 2016 to stockholders of record as of the close of business on August 12, 2016. Dividends totaling $19.7 million and $18.2 million were paid in fiscal 2016 and fiscal 2015, respectively.

Subsequent Events. On November 7, 2016, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on December 14, 2016 to stockholders of record as of the close of business on December 1, 2016. The Board also authorized a new stock repurchase program under which we could repurchase up to $200 million of our common stock.