Quarterly report pursuant to Section 13 or 15(d)

Note O - Repurchase of Common Stock

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Note O - Repurchase of Common Stock
3 Months Ended
Dec. 28, 2019
Notes to Financial Statements  
Treasury Stock [Text Block]
Note O—Repurchase of Common Stock
 
As of
September 28, 2019,
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.
 
Through
December 28, 2019
, we have purchased
3,498,962
shares of our common stock for an aggregate of
$50.5
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 28, 2019
,
$9.5
million remained available for future purchases under our Stock Repurchase Program, which does
not
have an expiration date. There were
no
repurchases of our common stock for the quarter ended
December 28, 2019.