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Common Stock Repurchases
6 Months Ended
Jun. 28, 2025
Common Stock Repurchases [Abstract]  
Common Stock Repurchases Common Stock Repurchases
We periodically repurchase, at the then-current market price, and cancel common stock issued to the Dorman Products, Inc. 401(k) Retirement Plan and Trust (the “401(k) Plan”). 401(k) Plan participants can no longer purchase shares of Dorman common stock as an investment option under the 401(k) Plan. Shares are generally purchased by the Company from the 401(k) Plan when participants sell units as permitted by the 401(k) Plan or elect to leave the 401(k) Plan upon retirement, termination, or other reasons. The following table summarizes the repurchase and cancellation of common stock by the Company for the periods indicated:
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Shares repurchased and canceled— 1,245 2,0709,004
Total cost of shares repurchased and canceled (in thousands)$— $113 $261 $786 
Average price per share$— $90.86 $126.08 $87.34 
Separately, we repurchase shares under share repurchase programs authorized by our Board of Directors. Share repurchases may be made from time to time depending on market conditions, share price, share availability, and other factors at the Company’s discretion. The Company is not obligated to acquire a specific number of shares under the programs.
The following table summarizes the repurchase and cancellation of common stock in the three and six months ended June 28, 2025, and June 29, 2024:
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Shares repurchased and canceled29,123 272,145 122,923 582,318 
Total cost of shares repurchased and canceled (in thousands)$3,482 $24,891 $15,300 $51,354 
Average price per share$119.56 $91.46 $124.47 $88.19 
At June 28, 2025, $484.7 million was available for repurchase under the program in effect.