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Share Repurchase Plans
12 Months Ended
Jan. 29, 2022
Treasury Stock Transactions [Abstract]  
Share Repurchase Plans

Note 10 — Share Repurchase Plans

On September 24, 2018, December 3, 2020, September 2, 2021 and January 6, 2022, the Company announced that its Board of Directors authorized share repurchase plans providing for the purchase in the aggregate of up to $10 million, $20 million, $20 million and $30 million, respectively, 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 price, regulatory limitations and other market and economic factors. The share repurchase plans do not require the Company to repurchase any specific number of shares, and the Company may terminate the share repurchase plans at any time. As of January 29, 2022, the Company had approximately $32.6 million remaining under share repurchase plans. The table below sets forth selected share repurchase plan information (in thousands, except share amounts) for the periods indicated:

 

 

 

52 Weeks Ended January 29, 2022

 

 

52 Weeks Ended January 30, 2021

 

 

52 Weeks Ended February 1, 2020

 

Shares repurchased and retired

 

 

1,809,321

 

 

 

9,926

 

 

 

807,275

 

Share repurchase cost

 

$

37,287

 

 

$

178

 

 

$

3,657