Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

3 Months Ended

Jan. 02, 2016

As of January 2, 2016, 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 December quarter of fiscal year 2016, we purchased 68,330 shares of our common stock for a total cost of $1.1 million. We did not purchase any shares of our common stock during the December quarter of fiscal year 2015. Through January 2, 2016, we have purchased 2,330,192 shares of our common stock for an aggregate of $28.5 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 January 2, 2016, $11.5 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 January 2, 2016:



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
October 4, 2015 to November 7, 2015	36,282	$	16.99	36,282		$12.0	million
November 8, 2015 to December 5, 2015	22,479	$	15.51	22,479		$11.7	million
December 6, 2015 to January 2, 2016	9,569	$	15.85	9,569		$11.5	million
Total	68,330	$	16.34	68,330		$11.5	million