Share Repurchase Plan

9 Months Ended

Oct. 31, 2020

Treasury Stock Transactions [Abstract]

Share Repurchase Plan

Note 8 - Share Repurchase Plan

On September 24, 2018, the Company announced that its Board of Directors authorized a share repurchase plan providing for the purchase in the aggregate of up to $10 million of the Company’s outstanding common stock. Repurchases of shares will be 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 will be based on a variety of factors, including stock price, regulatory limitations and other market and economic factors. The share repurchase plan does not require the Company to repurchase any specific number of shares, and the Company may terminate the repurchase plan at any time. As of October 31, 2020, the Company had approximately $21,000 remaining under the current share repurchase plan. The table below sets forth selected share repurchase plan information (in thousands, except share amounts) for the periods indicated:

	13-Week Period Ended				39-Week Period Ended
	October 31, 2020		November 2, 2019		October 31, 2020		November 2, 2019
Shares repurchased and retired		—		174,313		—		807,275
Share repurchase cost	$	—	$	243	$	—	$	3,657