Stockholders' Equity

12 Months Ended

Apr. 27, 2024

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

Dividends

The following table presents our declared cash dividends per share on our common stock for the past three years. In fiscal 2024, 2023 and 2022, dividends were declared in the period presented and paid in the following quarter.

	Quarter
Fiscal year	1		2		3		4
2024	$	0.26	$	0.26	$	0.26	$	0.26
2023	0.26		0.26		0.26		0.26
2022	0.26		0.26		0.26		0.26

Share Repurchases

During fiscal 2024, we repurchased 7,604 shares of our common stock for $229,508, or an average of $30.18 per share. During fiscal 2023, we repurchased 2,020 shares of our common stock for $55,492, or an average of $27.47 per share. During fiscal 2022, we repurchased 1,032 shares of our common stock for $35,000, or an average of $33.90 per share.

On March 11, 2024, the Board of Directors authorized a $500,000 share repurchase program through March 16, 2027, replacing a prior authorization which was expiring. As of April 27, 2024, $500,000 remains available under the current stock repurchase program.