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Cash Dividends
3 Months Ended
Apr. 28, 2012
Cash Dividends
NOTE 4. Cash Dividends
 
In April 2010, the Board authorized a $1.00 per share special one-time cash dividend that was paid to shareholders of record at the close of business on April 19, 2010 and a $0.07 per share regular quarterly cash dividend that was also paid to shareholders of record at the close of business on April 19, 2010.  Subsequent payments of the $0.07 per share regular quarterly cash dividend occurred every quarter since then until the fourth quarter of fiscal 2011.  On March 7, 2012, we announced that our Board authorized an increase in the regular quarterly cash dividend from $0.07 per share to $0.08 per share.  The $0.08 per share dividend was paid in April 2012 to shareholders of record at the close of business on April 16, 2012.  We released the funds used to pay for this regular quarterly cash dividend during the first quarter of fiscal 2012.  Our Board will determine future regular quarterly cash dividends after giving consideration to our then existing levels of profit, capital requirements, current and forecasted liquidity, as well as financial and other business conditions existing at the time.  As of the end of the first quarter of fiscal 2012, total dividends paid in fiscal 2012 amounted to $3.4 million consisting of the $0.08 per share regular quarterly cash dividend.  As of the end of the first quarter of fiscal 2011, total dividends paid in fiscal 2011 amounted to $3.1 million, consisting of the $0.07 per share regular quarterly cash dividend.