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Common Stock (Tables)
 9 Months Ended
Sep. 29, 2024
Equity [Abstract]  
Schedule of repurchase activity The following table summarizes our repurchase activity under our share repurchase programs for the three and nine months ended September 29, 2024 and September 24, 2023:
(In thousands, except average price per share)Total Number of Shares PurchasedAverage Price Paid per ShareAggregate Cost of Shares Purchased Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
Three Months Ended
September 29, 2024— $— $— $90,160 
September 24, 2023— $— $— $90,160 
(In thousands, except average price per share)
Total Number of Shares Purchased (a)
Average Price Paid per Share
Aggregate Cost of Shares Purchased (b)
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
Nine Months Ended
September 29, 2024— $— $— $90,160 
September 24, 20232,523 $83.10 $209,640 $90,160 
(a)    Shares repurchased during the nine months ended September 24, 2023 included 2,176,928 shares repurchased on March 1, 2023 from certain funds affiliated with, or managed by, Starboard Value LP (collectively, “Starboard”), at a price of $82.52 per share, for aggregate consideration of $179.6 million.
(b)    Aggregate cost of shares purchased for the nine months ended September 24, 2023 excluded $2.8 million of transaction costs directly attributable to share repurchases, including a 1% excise tax incurred under the Inflation Reduction Act of 2022. Of these costs, $2.1 million were classified as non-cash financing activities during the nine months ended September 24, 2023.