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Repurchases of Helen of Troy Common Stock | 3 Months Ended
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May 31, 2016
Repurchase of Helen of Troy Common Stock |
Repurchase of Helen of Troy Common Stock | Note 14 – Repurchase of Helen of Troy Common Stock As of May 31, 2016, we were authorized by our Board of Directors to purchase up to $158.57 million of common stock in the open market or through private transactions. Our current equity-based compensation plans include provisions that allow for the “net exercise” of share settled awards by all plan participants. In a net exercise, any required payroll taxes, federal withholding taxes and exercise price of the shares due from the option holder can be paid for by having the option holder tender back to the Company a number of shares at fair value equal to the amounts due. These transactions are accounted for by the Company as a purchase and retirement of shares and are included in the table below as common stock received in connection with share-based compensation. The following table summarizes our share repurchase activity for the periods covered below: SHARE REPURCHASES
|  | Three Months Ended May 31,
|  | 2016 |  | 2015
Common stock received in connection with share-based compensation: |  |  |  |  |  |
Number of shares |  |  | 4,606 |  |  | -
Aggregate value of shares (in thousands) |  | $ | 442 |  | $ | -
Average price per share |  | $ | 96.03 |  | $ | -

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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 No definition available. + Details
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