SUBSEQUENT EVENTS

12 Months Ended

Feb. 03, 2018

Subsequent Events [Abstract]

Subsequent Events [Text Block]

SUBSEQUENT EVENTS

In March of 2018, the Board of Directors authorized a $250 million share repurchase program (the "2018 Share Repurchase Program"). Additionally, a quarterly cash dividend of $0.50 per share was authorized to be paid on April 27, 2018 to shareholders of record on the close of business on April 16, 2018. Future declarations of quarterly dividends, the establishment of future record dates, and the resulting payment dates are subject to approval by the Company’s Board of Directors based on a number of factors, including business and market conditions, the Company’s future financial performance and other investment priorities.

Additionally, the Company announced that it has entered into an Accelerated Share Repurchase ("ASR") program to repurchase an aggregate of $125 million of the Company's common stock under its 2017 Share Repurchase Program using cash repatriated from its foreign subsidiaries.