XML 29 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Note 10 - Common Stock Repurchase Program
9 Months Ended
Oct. 02, 2021
Notes to Financial Statements  
Treasury Stock [Text Block]

Note 10 - Common Stock Repurchase Program

 

 

On February 19, 2021, our Board of Directors approved a stock repurchase program pursuant to which up to $60.0 million of outstanding common stock could be repurchased from time to time ("the "2021 Repurchase Program"). The duration of the 2021 Repurchase Program is twelve months. Under the 2021 Repurchase Program during the third quarter of fiscal 2021, approximately 0.3 million shares were repurchased for $15.0 million, or an average price paid per share of $59.77. As of October 2, 2021, the remaining portion of the amount authorized for the twelve-month program is approximately $4.9 million. All repurchases were open market transactions funded from available working capital. All shares repurchased pursuant to the 2021 Repurchase Program were retired by the end of the third quarter of fiscal 2021.