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SUBSEQUENT EVENTS
3 Months Ended
May 04, 2019
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
SUBSEQUENT EVENTS
On May 9, 2019, the Company and certain of its domestic subsidiaries amended and restated its credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), Bank of America, N.A., HSBC Business Credit (USA) Inc., and JPMorgan Chase Bank, N.A., as lenders and Wells Fargo, as Administrative Agent, Collateral Agent and Swing Line Lender. The Credit Agreement, which now expires in May 2024, consists of a $325 million asset based revolving credit facility, with a $50 million sublimit for standby and documentary letters of credit.
Subsequent to May 4, 2019 and through May 27, 2019, the Company repurchased approximately 0.1 million shares for approximately $10.4 million, inclusive of 40 thousand shares for approximately $4.5 million withheld to cover taxes in conjunction with the vesting of stock awards.

The Company announced that its Board of Directors has declared a quarterly cash dividend of $0.56 per share to be paid on June 28, 2019 to shareholders of record on the close of business on June 18, 2019.