Shareholders' Equity

12 Months Ended

Feb. 01, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 8. Shareholders’ Equity

During Fiscal 2013, including shares purchased as part of a tender offer, the Company repurchased approximately 1 million shares of common stock for an aggregate purchase price of $5.4 million. As of February 1, 2014, the Company has approximately $19.4 million available for purchase under their repurchase program.

In the fourth quarter of Fiscal 2012, the Company declared and paid a special cash dividend of $0.47 per common share. On November 27, 2012, Wells Fargo Bank, National Association (the “Administrative Agent”) and certain other parties to the amended credit facility agreed to consent to the use of a portion of the proceeds received from the sale of real property owned by Record Town, Inc. to pay the special cash dividend.