XML 62 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholders' Equity
12 Months Ended
Feb. 02, 2013
Shareholders' Equity [Abstract]  
Shareholders' Equity

NOTE 9: SHAREHOLDERS' EQUITY

We have a share repurchase program that authorizes us to repurchase up to 70,025 shares of our common stock. During 2012, we repurchased and retired an aggregate of 16,522 shares of common stock at an average price of $10.13 per share for a total cost of $167,417. During 2011, we repurchased and retired an aggregate of 3,537 shares of common stock at an average price of $8.18 per share for a total cost of $28,932. There were no shares repurchased during 2010. As of February 2, 2013, there were 12,650 shares remaining available for repurchase under our share repurchase program.

 

In November 2010, we contributed 1,755 shares of our common stock to our Pension Plan, in consideration for a credit against future funding obligations, which is considered a non-cash financing activity. The shares were valued for purposes of the contribution at $19,961. As required by the investment policy of the Pension Plan, the shares were sold by the Pension Plan in an orderly manner as soon as practicable after the contribution was made. We filed with the SEC prospectus supplements to our existing effective shelf registration statement covering the resale of the shares by the Pension Plan.

 

During 2012, holders of our 7.5% Convertible Notes converted $28,796 of principal resulting in the issuance of 5,200 shares of common stock, which is considered a non-cash financing activity.