Stock Repurchase Plan

12 Months Ended

Feb. 01, 2020

Equity, Class of Treasury Stock [Abstract]

On August 22, 2017, the Company announced that its Board of Directors authorized a stock repurchase plan providing for the purchase in the aggregate of up to $10 million of the Company’s outstanding common stock. This stock repurchase plan was completed during the third quarter of fiscal 2018. On September 24, 2018, the Company announced that its Board of Directors authorized a new stock repurchase plan providing for the purchase in the aggregate of up to $10 million of the Company’s outstanding common stock. Repurchases of shares are made in accordance with applicable securities laws and may be made from time to time in the open market or by negotiated transactions. The amount and timing of repurchases are based on a variety of factors, including stock acquisition price, regulatory limitations and other market and economic factors. The stock repurchase plan does not require the Company to repurchase any specific number of shares, and the Company may terminate the stock repurchase plan at any time. As of February 1, 2020, the Company had approximately $21,000 remaining under the current stock repurchase plan. The table below sets forth selected stock repurchase plan information (in thousands, except share amounts) for the periods indicated:



	52 Weeks Ended February 1, 2020		52 Weeks Ended February 2, 2019		53 Weeks Ended February 3, 2018
Shares repurchased and retired	807,275		1,650,748		51,923
Share repurchase cost	$	3,657	$	15,717	$	604