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Dividend Program
3 Months Ended
Jul. 29, 2018
Text Block [Abstract]  
Dividend Program

23. Dividend Program

On August 29, 2018, we announced that our board of directors approved a quarterly cash dividend of $0.09 per share. This payment will be made on or about October 15, 2018, to shareholders of record as of October 1, 2018.

During the three-months ended July 29, 2018, dividend payments totaled $1.1 million, which represented a quarterly dividend payment of $0.09 per share. During the three-months ended July 30, 2017, dividend payments totaled $3.6 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $1.0 million represented a quarterly dividend payment of $0.08 per share.

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