Annual report pursuant to Section 13 and 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

12 Months Ended

Oct. 03, 2015

REPURCHASE OF COMMON STOCK

As of October 3, 2015, our Board of Directors had authorized management to use up to $30.0 million to repurchase stock in open market transactions under our Stock Repurchase Program. On December 8, 2015, our Board of Directors authorized an additional $10.0 million for share repurchases, bringing the aggregate total authorized to $40.0 million.

During fiscal years 2015 and 2014, the transition period ended September 28, 2013, and fiscal year 2013, we purchased 140,336 shares, 78,674 shares, 129,348 shares, and 544,576 shares, respectively, of our common stock for a total cost of $2.1 million, $1.2 million, $2.1 million, and $7.8 million, respectively. As of October 3, 2015, we have purchased 2,262,582 shares of common stock for an aggregate of $27.4 million since the inception of the 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 October 3, 2015, $2.6 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 October 3, 2015:



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
June 28 to August 1, 2015	34,783	$	14.00	34,783		$3.8	million
August 2 to August 29, 2015	41,468	$	14.69	41,468		$3.2	million
August 30 to October 3, 2015	33,385	$	16.93	33,385		$2.6	million
Total	109,636	$	15.15	109,636		$2.6	million