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STOCKHOLDERS' EQUITY
9 Months Ended
Nov. 02, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block] STOCKHOLDERS’ EQUITY
Share Repurchase Programs
The Company's Board of Directors has authorized the following share repurchase programs which were active during Year-To-Date 2019 and Year-To-Date 2018: (1) $250 million in March 2017 (the "2017 Share Repurchase Program"); and (2) $250 million in March 2018 (the "2018 Share Repurchase Program"). The 2017 Share Repurchase Program has been completed. At November 2, 2019, there was approximately $146.0 million remaining on the 2018 Share Repurchase Program. Under these programs, the Company may repurchase shares on the open market at current market prices at the time of purchase or in privately negotiated transactions. The timing and actual number of shares repurchased under a program will depend on a variety of factors including price, corporate and regulatory requirements, and other market and business conditions. The Company may suspend or discontinue a program at any time and may thereafter reinstitute purchases, all without prior announcement.
Pursuant to the Company's practice, including due to restrictions imposed by the Company's insider trading policy during black-out periods, the Company withholds and repurchases shares of vesting stock awards and makes payments to taxing authorities as required by law to satisfy the withholding tax requirements of all equity award recipients. The Company's payment of the withholding taxes in exchange for the surrendered shares constitutes a purchase of its common stock. The Company also acquires shares of its common stock in conjunction with liabilities owed under the Company's Deferred Compensation Plan, which are held in treasury.
The following table summarizes the Company's share repurchases:
Thirty-nine Weeks Ended
November 2, 2019November 3, 2018
 SharesValue SharesValue
(In thousands)
 Shares repurchases related to:
 2017 Share Repurchase Program(1)
—  $—  1,666  $213,113  
 2018 Share Repurchase Program(2)(3)
1,028  $93,763  —  $—  
Shares acquired and held in treasury under Deferred Compensation Plan2.1  $201  1.4  $186  
(1)Inclusive of 0.3 million shares for approximately $43.2 million during Year-To-Date 2018 withheld to cover taxes in conjunction with the vesting of stock awards. Inclusive of approximately 1.0 million shares for $125.0 million repurchased pursuant to an accelerated repurchase program.
(2)Inclusive of 0.2 million shares for approximately $19.9 million during Year-To-Date 2019 withheld to cover taxes in conjunction with the vesting of stock awards.
(3)Subsequent to November 2, 2019 and through December 6, 2019, the Company repurchased approximately 0.2 million shares for approximately $15.0 million.
In accordance with the FASB ASC 505--Equity, the par value of the shares retired is charged against common stock and the remaining purchase price is allocated between additional paid-in capital and retained earnings.  The portion charged against additional paid-in capital is determined using a pro-rata allocation based on total shares outstanding.  Related to all shares retired during Year-To-Date 2019 and Year-To-Date 2018, approximately $79.7 million and $79.4 million, respectively, were charged to retained earnings.
Dividends
The Third Quarter 2019 dividend of $0.56 per share was paid on October 4, 2019 to shareholders of record as of the close of business on September 23, 2019. During Year-To-Date 2019, $27.4 million was charged to retained earnings, of which $26.5 million related to cash dividends paid and $0.9 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards. During Year-To-Date 2018, $26.0 million was charged to retained earnings, of which $24.9 million related to cash dividends paid and $1.1 million related to dividend share equivalents on unvested Deferred Awards and Performance Awards.
The Company's Board of Directors declared a quarterly cash dividend of $0.56 per share to be paid December 27, 2019 to shareholders of record as of the close of business on December 16, 2019. Future declarations of quarterly dividends and the establishment of future record and 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.