Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

3 Months Ended

Dec. 29, 2018

As of September 29, 2018, our Board of Directors authorized management to use up to $60.0 million to repurchase stock in open market transactions under our Stock Repurchase Program.

During the December quarter of fiscal year 2019, we purchased 92,148 shares of our common stock for a total cost of $1.7 million. Through December 29, 2018, we have purchased 3,449,609 shares of our common stock for an aggregate of $49.4 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 December 29, 2018, $10.6 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 December 29, 2018:



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
September 30, 2018 to November 3, 2018	48,749	$18.24	48,749		$11.4	million
November 4, 2018 to December 1, 2018	21,600	18.89	21,600	11.0		million
December 2, 2018 to December 29, 2018	21,799	18.99	21,799	10.6		million
Total	92,148	$18.57	92,148		$10.6	million