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STOCKHOLDERS' EQUITY
 12 Months Ended
Jan. 31, 2015
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
The Company's Board of Directors has authorized the following share repurchase programs: (1) $100.0 million on March 3, 2011 (the "2011 Share Repurchase Program"); (2) $50.0 million on March 7, 2012 (the "2012 $50 Million Share Repurchase Program"); (3) $100.0 million on November 26, 2012 (the “2012 Share Repurchase Program”); and (4) $100.0 million on March 3, 2014 (the “2014 Share Repurchase Program”).  At January 31, 2015, the 2011 Share Repurchase Program, the 2012 $50 Million Share Repurchase Program and the 2012 Share Repurchase Program had been completed, and there was approximately $39.8 million remaining on the 2014 Share Repurchase Program. On January 7, 2015, the Board of Directors authorized a $100 million share repurchase program (the "2015 Share Repurchase Program"). Under the 2014 Share Repurchase Program and the 2015 Share Repurchase Program, the Company may repurchase shares in the open market at current market prices at the time of purchase or in privately negotiated transactions. The timing and actual number of shares repurchased under the program will depend on a variety of factors including price, corporate and regulatory requirements, and other market and business conditions. We may suspend or discontinue the program at any time, and may thereafter reinstitute purchases, all without prior announcement. 
Pursuant to restrictions imposed by the Company's equity plan during black-out periods, the Company withholds and retires shares of vesting stock awards in exchange for payments to satisfy minimum withholding tax requirements. The Company's payment of the withholding taxes in exchange for the shares constitutes a purchase of its common stock.
The Company acquires shares of its common stock in conjunction with liabilities owed under a deferred compensation plan, which are held in treasury. The following table summarizes the Company's share repurchases (in thousands):
 
 
Fiscal Year Ended
 
 
January 31, 2015
 
February 1, 2014
 
February 2, 2013
 
 
 Shares
 Value
 
 Shares
 Value
 
 Shares
 Value
 Share repurchases related to:
 
 
 
 
 
 
 
 
 
 2011 Share buyback program
 
—

—

 
—

—

 
377

19,236

 2012 $50 Million Share buyback program
 
—

—

 
—

—

 
1,001

50,000

 2012 Share buyback program
 
282

14,671

 
1,296

65,691

 
420

19,638

 2014 Share buyback program (1)
 
1,189

60,209

 
—

—

 
—

—

 Withholding taxes
 
22

1,249

 
2

139

 
2

146

Shares acquired and held in treasury
 
2

107

 
9

456

 
10

521


(1)
Subsequent to January 31, 2015 and through March 24, 2015, the Company repurchased an additional 0.2 million shares for approximately $13.3 million.
In accordance with the “Equity” topic of the FASB ASC, the par value of the shares retired is charged against common stock and the remaining purchase price is allocated between additional paid-in capital and retained earnings.  The portion charged against additional paid-in capital is done using a pro rata allocation based on total shares outstanding.  Related to all shares retired for Fiscal 2014, Fiscal 2013 and Fiscal 2012, approximately $60.4 million, $53.1 million and $73.0 million was charged to retained earnings, respectively.
Related to Fiscal 2014 dividends, $12.0 million was charged to retained earnings, of which $11.5 million related to cash dividends paid and $0.5 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards. On February 13, 2015, the Board of Directors authorized a quarterly cash dividend of $0.15 per share to be paid on April 30, 2015 to shareholders of record on the close of business on April 9, 2015. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Company’s Board of Directors based on a number of factors, including business and market conditions, the Company’s future financial performance and other investment priorities.