v3.22.2
STOCK REPURCHASE PROGRAMS
6 Months Ended
Jun. 26, 2022
Equity [Abstract]  
STOCK REPURCHASE PROGRAMS
15.
STOCK REPURCHASE PROGRAMS
In January 2022, the Company's Board authorized an increase in the amount of the Company's common stock that may be acquired over the next 24 months under the current stock repurchase program to $100 million, including the $11.0 million remaining under the previous authorization. Approximately $70.3 million remains in the amount of the Company's common stock that may be acquired under the current stock repurchase program as of June 26, 2022. The Company repurchased 288,627 shares of its common stock at an average price of $57.28 for an aggregate cost of $16.5 million in the second quarter ended June 26, 2022, and 654,254 shares of its common stock at an average price of $63.14 for an aggregate cost of $41.3 million in the six months ended June 26, 2022. The Company repurchased 260,000 shares of its common stock at an average price of $82.89 for an aggregate cost of $21.6 million in the second quarter and six months ended June 27, 2021.