Quarterly report pursuant to sections 13 or 15(d)

Share Repurchases

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Share Repurchases
3 Months Ended
May 03, 2014
Share Repurchases  
Share Repurchases

7.  Share Repurchases

 

In March 2013, our Board of Directors (the “Board”) approved a $200.0 million share repurchase program for our common stock.  At May 3, 2014, the remaining balance available under the Board’s March 2013 authorization was $48.0 million.

 

During the first quarter of 2014, no shares were repurchased in open market transactions under the Board’s March 2013 authorization.  During the first quarter of 2013, 989,182 shares at a cost of $32.8 million were repurchased in open market transactions at an average price per share of $33.21 under the Board’s March 2013 authorization.