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STOCKHOLDERS' EQUITY | 9 Months Ended
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Oct. 29, 2016
Stockholders' Equity Note [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY The Company's Board of Directors has authorized the following share repurchase programs active during Year-To-Date 2016 and Year-To-Date 2015: (1) $100 million on March 3, 2014 (the "2014 Share Repurchase Program"); (2) $100 million on January 7, 2015 (the "2015 Share Repurchase Program"); and (3) $250 million on December 8, 2015 (the "2015 $250 Million Share Repurchase Program"). The 2014 Share Repurchase Program and the 2015 Share Repurchase Program have been completed. At October 29, 2016, there was approximately $158.5 million remaining on the 2015 $250 Million Share Repurchase Program. Under the 2015 $250 Million 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 a program will depend on a variety of factors including price, corporate and regulatory requirements, and other market and business conditions. The Company may suspend or discontinue a program at any time, and may thereafter reinstitute purchases, all without prior announcement. Pursuant to the Company's practice, including due to restrictions imposed by the Company's insider trading policy during black-out periods, the Company withholds and retires shares of vesting stock awards and makes payments to taxing authorities as required by law to satisfy the withholding tax requirements of certain recipients. The Company's payment of the withholding taxes in exchange for the retired shares constitutes a purchase of its common stock. The Company also acquires shares of its common stock in conjunction with liabilities owed under the Company's Deferred Compensation Plan, which are held in treasury. The following table summarizes the Company's share repurchases (in thousands):
|  | Thirty-nine Weeks Ended
|  | October 29, 2016 |  | October 31, 2015
|  | Shares |  | Value |  | Shares |  | Value
Shares repurchases related to: |  |  |  |  |  |  |  |
2014 Share Repurchase Program |  | — |  |  | — |  |  | 640 |  |  | 39,791 |
2015 Share Repurchase Program |  | 310 |  |  | 20,726 |  |  | 662 |  |  | 41,026 |
2015 $250 Million Share Repurchase Program (1) |  | 1,157 |  |  | 91,527 |  |  | — |  |  | — |
Withholding taxes and other |  | 81 |  |  | 6,241 |  |  | 28 |  |  | 1,798 |
Shares acquired and held in treasury |  | 3 |  |  | $ | 187 |  |  | 3 |  |  | $ | 195 |
(1) | Subsequent to October 29, 2016 and through November 18, 2016, the Company repurchased 0.1 million shares for approximately $6.3 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 during Year-To-Date 2016 and Year-To-Date 2015, approximately $100.5 million and $67.7 million, respectively, were charged to retained earnings. In the first quarter of fiscal 2014 the Company's Board of Directors first authorized a quarterly cash dividend. The Third Quarter 2016 dividend of $0.20 per share was paid on October 6, 2016 to shareholders of record on the close of business on September 16, 2016. Related to dividends paid during Year-To-Date 2016, $11.8 million was charged to retained earnings, of which $11.2 million related to cash dividends paid and $0.6 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards. Related to dividends paid during Year-To-Date 2015, $9.7 million was charged to retained earnings, of which $9.2 million related to cash dividends paid and $0.5 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards. The Company's Board of Directors declared a quarterly cash dividend of $0.20 per share to be paid on January 5, 2017 to shareholders of record on the close of business on December 17, 2016. 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.

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