Share Repurchases

12 Months Ended

Aug. 02, 2019

8.	Share Repurchases

In each of 2019, 2018 and 2017, subject to a maximum amount of $25,000 and the limits imposed by its credit facility, the Company was authorized to repurchase shares at management’s discretion. Additionally, in the fourth quarter of 2019, the Company’s Board of Directors increased the share repurchase authorization to $50,000. The Company did not repurchase any shares of its common stock in 2019 and 2017. In 2018, the Company repurchased 100,000 shares of its common stock in the open market at an aggregate cost of $14,772.