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STOCKHOLDERS' EQUITY | 9 Months Ended
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Oct. 28, 2017
Stockholders' Equity Note [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Share Repurchase Programs The Company's Board of Directors has authorized the following share repurchase programs active during Year-To-Date 2017 and Year-To-Date 2016: (1) $100 million in January 2015 (the "2015 Share Repurchase Program"); (2) $250 million in December 2015 (the "2015 $250 Million Share Repurchase Program"); and (3) $250 million in March 2017 (the "2017 Share Repurchase Program"). The 2015 Share Repurchase Program has been completed. At October 28, 2017, there was approximately $277.6 million in the aggregate remaining on the 2015 $250 Million and 2017 Share Repurchase Programs. Under the 2015 $250 Million and 2017 Share Repurchase Programs, 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 surrenders shares of vesting stock awards and makes payments to taxing authorities as required by law to satisfy the withholding tax requirements of all recipients. The Company's payment of the withholding taxes in exchange for the surrendered 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:
|  | Thirty-nine Weeks Ended
|  | October 28, 2017 |  | October 29, 2016
|  | Shares |  | Value |  | Shares |  | Value
|  | (In thousands)
Shares repurchases related to: |  |  |  |  |  |  |  |
2015 Share Repurchase Program |  | — |  |  | — |  |  | 310 |  |  | $ | 20,726 |
2015 $250 Million Share Repurchase Program (1) (2) |  | 766 |  |  | $ | 85,385 |  |  | 1,157 |  |  | 91,527 |
Shares acquired and held in treasury |  | 1.7 |  |  | $ | 186 |  |  | 3 |  |  | $ | 187 |
(1) | Inclusive of 0.3 million shares for approximately $32.7 million withheld to cover taxes in conjunction with the vesting of stock awards.
(2) | Subsequent to October 28, 2017 and through November 17, 2017, the Company repurchased approximately 50 thousand shares for approximately $5.7 million.
In accordance with the FASB ASC 505--Equity, 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 2017 and Year-To-Date 2016, approximately $74.5 million and $100.5 million, respectively, were charged to retained earnings. Dividends The Third Quarter 2017 dividend of $0.40 per share was paid on October 3, 2017 to shareholders of record on the close of business on September 12, 2017. During Year-To-Date 2017, $22.4 million was charged to retained earnings, of which $21.1 million related to cash dividends paid and $1.3 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards. 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. The Company's Board of Directors declared a quarterly cash dividend of $0.40 per share to be paid on January 3, 2018 to shareholders of record on the close of business on December 13, 2017. 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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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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