Quarterly report pursuant to Section 13 or 15(d)

Stock repurchase program

Stock repurchase program
9 Months Ended
Nov. 02, 2013
Text Block [Abstract]  
Stock repurchase program
7. Stock repurchase program

On March 18, 2013, the Company announced that our Board of Directors had authorized a stock repurchase program pursuant to which the Company may repurchase up to $150 million of the Company’s common stock. The repurchases may be made from time to time in the open market, in privately negotiated transactions, or otherwise, at prices that the Company deems appropriate and subject to market conditions, applicable law and other factors deemed relevant in the Company’s sole discretion. The stock repurchase program does not have an expiration date and may be suspended or discontinued at any time. During the 39 weeks November 2, 2013, we purchased 500,500 shares of common stock for $37.3 million at an average price of $74.58.