XML 32 R17.htm IDEA: XBRL DOCUMENT v3.25.1
Stockholders' Equity
 12 Months Ended
Feb. 01, 2025
Stockholders' Equity [Abstract]  
Stockholders' Equity
9.
 
Stockholders’ Equity:
 
The
 
holders
 
of
 
Class A
 
Common
 
Stock
 
are
 
entitled
 
to
one vote per share
,
 
whereas
 
the
 
holders
 
of
Class B Common Stock are entitled
 
to
ten votes per share
. Each share of
 
Class B Common Stock may be
converted at any time into one share of Class A Common Stock. Subject to the rights of
 
the holders of any
shares of
 
Preferred Stock
 
that may
 
be outstanding
 
at the
 
time, in
 
the event
 
of liquidation,
 
dissolution or
winding
 
up
 
of
 
the
 
Company,
 
holders
 
of
 
Class A
 
Common
 
Stock
 
are
 
entitled
 
to
 
receive
 
a
 
preferential
distribution of $
1.00
 
per share of the
 
net assets of the Company.
 
Cash dividends on the
 
Class B Common
Stock cannot be
 
paid unless cash
 
dividends of at
 
least an equal
 
amount are paid
 
on the Class A
 
Common
Stock.
 
The
 
Company’s
 
certificate of
 
incorporation
 
provides that
 
shares
 
of
 
Class B Common
 
Stock
 
may be
transferred
 
only
 
to
 
certain
 
“Permitted
 
Transferees”
 
consisting
 
generally
 
of
 
the
 
lineal
 
descendants
 
of
holders
 
of
 
Class B
 
Common
 
Stock,
 
trusts
 
for
 
their
 
benefit,
 
corporations
 
and
 
partnerships
 
controlled
 
by
them and the
 
Company’s employee benefit
 
plans. Any transfer
 
of Class B Common Stock
 
in violation of
these
 
restrictions,
 
including
 
a
 
transfer
 
to
 
the
 
Company,
 
results
 
in
 
the
 
automatic
 
conversion
 
of
 
the
transferred
 
shares
 
of
 
Class B
 
Common
 
Stock
 
held
 
by
 
the
 
transferee
 
into
 
an
 
equal
 
number
 
of
 
shares
 
of
Class A Common Stock.