Stock Repurchase and Dividends	9 Months Ended
Jul. 02, 2017
Stock Repurchase and Dividends
Stock Repurchase and Dividends	6. Stock Repurchase and Dividends On November 7, 2016, the Board of Directors authorized a new stock repurchase program under which we could repurchase up to $200 million of our common stock. In the first nine months of fiscal 2017, we repurchased through open market purchases under this program a total of 1,352,999 shares at an average price of $44.35 for a total cost of $60.0 million. 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. On January 30, 2017, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on March 3, 2017 to stockholders of record as of the close of business on February 17, 2017. On May 1, 2017, the Board of Directors declared a quarterly cash dividend of $0.10 per share payable on June 2, 2017 to stockholders of record as of the close of business on May 18, 2017. Dividends totaling $16.0 million and $14.6 million were paid in the first nine months of fiscal 2017 and 2016, respectively. Subsequent Event. On July 31, 2017, the Board of Directors declared a quarterly cash dividend of $0.10 per share payable on September 1, 2017 to stockholders of record as of the close of business on August 17, 2017.

6. Stock Repurchase and Dividends

On November 7, 2016, the Board of Directors authorized a new stock repurchase program under which we could repurchase up to $200 million of our common stock. In the first nine months of fiscal 2017, we repurchased through open market purchases under this program a total of 1,352,999 shares at an average price of $44.35 for a total cost of $60.0 million.

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. On January 30, 2017, the Board of Directors declared a quarterly cash dividend of $0.09 per share payable on March 3, 2017 to stockholders of record as of the close of business on February 17, 2017. On May 1, 2017, the Board of Directors declared a quarterly cash dividend of $0.10 per share payable on June 2, 2017 to stockholders of record as of the close of business on May 18, 2017. Dividends totaling $16.0 million and $14.6 million were paid in the first nine months of fiscal 2017 and 2016, respectively.

Subsequent Event. On July 31, 2017, the Board of Directors declared a quarterly cash dividend of $0.10 per share payable on September 1, 2017 to stockholders of record as of the close of business on August 17, 2017.