Shareholders' Equity

3 Months Ended

May 05, 2018

Stockholders' Equity Note [Abstract]

Shareholders' Equity

NOTE 7: SHAREHOLDERS’ EQUITY

In February 2017, our Board of Directors authorized a program to repurchase up to $500 of our outstanding common stock through August 31, 2018. During the quarter ended May 5, 2018, we repurchased 0.3 shares of our common stock for an aggregate purchase price of $13 and had $401 remaining in share repurchase capacity as of May 5, 2018. The actual timing, price, manner and amounts of future share repurchases, if any, will be subject to market and economic conditions and applicable Securities and Exchange Commission (“SEC”) rules.

In May 2018, subsequent to quarter end, we declared a quarterly dividend of $0.37 per share, which will be paid on June 4, 2018 to holders of record as of May 18, 2018.