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Shareholders' Equity
12 Months Ended
Feb. 01, 2020
Shareholders' Equity [Abstract]  
Shareholders' Equity
Note 8.  Shareholders’ Equity
 
The Company classifies repurchased shares as treasury stock on the Company’s Consolidated Balance Sheet. There were no treasury stock repurchases during fiscal 2019 and fiscal 2018.

On August 15, 2019, we completed a 1-for-20 reverse stock split of our outstanding Common Stock. As a result of this stock split, our issued and outstanding Common Stock decreased from 36,291,620 to 1,814,581 shares. Accordingly, all share and per share information contained in this report has been restated to retroactively show the effect of this stock split.

No cash dividends were paid in fiscal 2019 and fiscal 2018.  The Company’s Credit Facility contained certain restrictions related to the payment of cash dividends, including limiting the amount of dividends to $5.0 million annually and not allowing borrowings under the amended facility for the six months before or six months after the dividend payment.