Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

v3.23.1
Repurchase of Common Stock
 6 Months Ended
Apr. 01, 2023
Repurchase of Common Stock [Abstract]  
Repurchase of Common Stock
Note N—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. We did
no
t purchase any shares of our common stock during the March 2023
 
quarter. Through March 2023, we have purchased
3,735,114
 
shares
of our common stock
 
for an aggregate
 
of $
56.4
 
million under our
 
Stock Repurchase Program
 
since its inception.
 
All purchases were
 
made at the
 
discretion of management
and pursuant to
 
the safe harbor
 
provisions of SEC
 
Rule 10b-18. As
 
of March 2023,
 
$
3.6
 
million remained available
 
for future purchases
 
under our Stock
 
Repurchase
Program, which does not have an expiration date.