XML 33 R22.htm IDEA: XBRL DOCUMENT v3.22.1

SHARE REPURCHASE PROGRAMS

6 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_TreasuryStockSharesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_TreasuryStockTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration