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Dividend Program
9 Months Ended
Feb. 01, 2015
Text Block [Abstract]  
Dividend Program
18.  Dividend Program

During the nine months ended February 1, 2015, dividend payments totaled $6.8 million, of which $4.9 million represented a special cash dividend payment in the first quarter of $0.40 per share, and $1.9 million represented our regular quarterly cash dividend payments ranging from $0.05 to $0.06 per share.

During the nine months ended January 26, 2014, we paid quarterly cash dividend payments totaling $1.6 million that ranged from $0.04 to $0.05 per share.

On March 4, 2015, we announced that our board of directors approved the payment of a quarterly cash dividend of $0.06 per share. This dividend will be paid on or about April 15, 2015, to shareholders of record as of April 1, 2015.

Future dividend payments are subject to board approval and may be adjusted at the board’s discretion as business needs or market conditions change.