Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

9 Months Ended

Jul. 01, 2017

As of July 1, 2017, our Board of Directors authorized management to use up to $40.0 million to repurchase stock in open market transactions under our Stock Repurchase Program.

During the June quarter of fiscal year 2017, we purchased 122,265 shares of our common stock for a total cost of $2.4 million. Through July 1, 2017, we have purchased 2,698,458 shares of our common stock for an aggregate of $34.9 million since the inception of our Stock Repurchase Program. All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule 10b-18. As of July 1, 2017, $5.1 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.

The following table summarizes the purchases of our common stock for the quarter ended July 1, 2017:



Period	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans	Dollar Value of Shares that May Yet Be Purchased Under the Plans
April 2, 2017 to May 6, 2017	21,000	$18.12	21,000		$7.1	million
May 7, 2017 to June 3, 2017	67,903	$19.26	67,903		$5.8	million
June 4, 2017 to July 1, 2017	33,362	$20.12	33,362		$5.1	million
Total	122,265	$19.30	122,265		$5.1	million