Shareholders' Equity

6 Months Ended

May 02, 2014

Equity [Abstract]

Shareholders' Equity

Shareholders' Equity

In August 2013, our Board of Directors authorized the Company to repurchase up to $1.0 billion in shares of our common stock until August 2016. Under the program, the Company may repurchase shares in the open market in accordance with applicable SEC rules and regulations. During the quarter ended May 2, 2014, we purchased 137,812 shares of common stock for approximately $7.5 million. During the six months ended May 2, 2014, we purchased 2,396,710 shares of common stock for approximately $129.5 million. Since its inception, the Company has repurchased 6,501,710 shares of common stock under the program for approximately $343.6 million, leaving $656.4 million available under the program.