Stock Repurchase Program

6 Months Ended

Aug. 03, 2019

Treasury Stock Transactions [Abstract]

Stock Repurchase Plan

On August 22, 2017, the Company announced that its Board of Directors authorized a stock repurchase plan providing for the purchase in the aggregate of up to $10 million of the Company’s outstanding common stock. This stock repurchase plan was completed during the third quarter of fiscal 2018. On September 24, 2018, the Company announced that its Board of Directors authorized a new stock repurchase plan providing for the purchase in the aggregate of up to $10 million of the Company’s outstanding common stock. Repurchases of shares will be made in accordance with applicable securities laws and may be made from time to time in the open market or by negotiated transactions. The amount and timing of repurchases will be based on a variety of factors, including stock acquisition price, regulatory limitations and other market and economic factors. The stock repurchase plan does not require the Company to repurchase any specific number of shares, and the Company may terminate the repurchase plan at any time. As of August 3, 2019, the Company had approximately $0.3 million remaining under the current stock repurchase plan. The table below sets forth selected stock repurchase plan information (in thousands, except share amounts) for the periods indicated:



	13-Week Period Ended				26-Week Period Ended
	August 3, 2019		August 4, 2018		August 3, 2019		August 4, 2018
Shares repurchased and retired	345,906		77,096		632,962		392,644
Share repurchase cost	$	1,046	$	832	$	3,414	$	3,804