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SHARE REPURCHASE PROGRAMS | 6 Months Ended
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May 01, 2022
SHARE REPURCHASE PROGRAMS [Abstract] |
SHARE REPURCHASE PROGRAMS | NOTE 14 - SHARE REPURCHASE PROGRAMS In September 2020, the Company’s board of directors authorized the repurchase of up to $100 million of its common stock, pursuant to a repurchase plan under Rule 10b5-1 of the Securities Act. We commenced repurchasing shares under this authorization on September 16, 2020. All of the shares repurchased under this authorization prior to January 30, 2022, were retired prior to that date. As of May 1, 2022, $31.7 million was available under this authorization for the purchase of additional shares. The table below presents information on this repurchase program for the three and six-month periods ended May 1, 2022, and May 2, 2021.
|  | Three Months Ended |  |  | Six Months Ended |
|  | May 1, 2022 |  |  | May 2, 2021 |  |  | May 1, 2022 |  |  | May 2, 2021 |
Number of shares repurchased |  |  | - |  |  |  | 797 |  |  |  | 188 |  |  |  | 2,019 |
Cost of shares repurchased |  | $ | - |  |  | $ | 10,041 |  |  | $ | 2,522 |  |  | $ | 23,250 |
Average price paid per share |  | $ | - |  |  | $ | 12.59 |  |  | $ | 13.43 |  |  | $ | 11.51 |

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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