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REPURCHASE OF HELEN OF TROY COMMON STOCK (Tables) | 12 Months Ended
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Feb. 29, 2016
Repurchase of Helen of Troy Common Stock |
Summary of share repurchase activity | SHARE REPURCHASES
|  | Fiscal Years Ended the Last Day of February,
|  | 2016 |  | 2015 |  | 2014
Common stock repurchased on the open market or through tender offer: |  |  |  |  |  |  |  |  |
Number of shares |  |  | 1,126,796 | (1) |  | 4,102,143 | (3) |  | 33,862
Aggregate value of shares (in thousands) |  | $ | 100,000 |  | $ | 273,599 |  | $ | 1,311
Average price per share |  | $ | 88.75 |  | $ | 66.70 |  | $ | 38.71
Common stock received in connection with share-based compensation: |  |  |  |  |  |  |  |  |
Number of shares |  |  | 117,294 | (2) |  | 71,950 | (4) |  | 112,677
Aggregate value of shares (in thousands) |  | $ | 6,411 |  | $ | 4,826 |  | $ | 6,937
Average price per share |  | $ | 54.66 |  | $ | 67.08 |  | $ | 61.57
| (1) |  | Includes two open market purchases at a total cost of $50 million each, in the second and fourth quarters of fiscal year 2016, for 556,591 and 570,205 shares respectively.
| (2) |  | On November 17, 2015, in connection with the settlement of the lawsuit previously discussed in Note (3) to these
consolidated financial statements, the Company issued 276,548 shares of common stock as payment for $15 million in separation compensation due to our former CEO under his employment and separation agreements, which was previously accrued in fiscal year 2014. Our former CEO tendered back to the Company 116,012 shares as payment for $12.00 million in related federal income tax withholding obligations. Under the terms of the employment and separation agreements, the number of shares issued and tendered were valued at $54.24 per share. This was the fair value of the shares on September 4, 2014, the date the compensation payment would have been made, if payment had not been delayed by the associated dispute. The balance of 1,282 shares were repurchased in connection with net exercises by other Company employees during the first quarter of fiscal year 2016.
| (3) |  | Includes a modified “Dutch auction” tender offer completed on March 14, 2014, resulting in the repurchase of 3,693,816 shares of our outstanding common stock at a total cost of $247.83 million, including tender offer transaction-related costs.
| (4) |  | Includes 68,086 shares of common stock having a market value of $67.10 per share, or $4.57 million in the aggregate, which were tendered by our former CEO as payment for related federal tax obligations arising from the vesting and settlement of performance-based restricted stock units and restricted stock awards.

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- Definition Tabular disclosure of 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 + Details
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