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Capital Stock | 6 Months Ended
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Jul. 26, 2025
Stockholders' Equity Note [Abstract] |
Capital Stock | Capital Stock Repurchases of Common Stock. On February 26, 2025, the Company announced that its Board of Directors authorized a new $150 million program to repurchase shares of the Company’s outstanding common stock through August 25, 2026 in open market or private transactions. During the three months ended April 26, 2025, the Company repurchased 200,000 shares of common stock, at an average price of $150.93, for $30.2 million. As of July 26, 2025, $119.8 million of the authorization was available for repurchases. Restricted Stock Tax Withholdings. During the six months ended July 26, 2025 and July 27, 2024, we withheld 84,296 shares totaling $13.0 million and 113,654 shares totaling $16.3 million, respectively, to meet payroll tax withholding obligations arising from the vesting of restricted share units. All shares withheld have been cancelled. Shares of common stock withheld for tax withholdings do not reduce our total share repurchase authority. Upon cancellation of shares repurchased or withheld for tax withholdings, the excess over par value is recorded as a reduction of additional paid-in capital until the balance is reduced to zero, with any additional excess recorded as a reduction of retained earnings.

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