STOCKHOLDERS' EQUITY

9 Months Ended

Nov. 02, 2013

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

NOTE 11—STOCKHOLDERS’ EQUITY

On December 12, 2012, the Company’s Board of Directors authorized a program to repurchase up to $50.0 million of the Company’s common stock to be made from time to time in the open market or in privately negotiated transactions, with no expiration date. During the first three quarters of fiscal 2013, the Company repurchased 237,624 shares of common stock for $2.8 million. The repurchased shares are included in the Company’s treasury stock.