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Shareholders' Equity
6 Months Ended
Jul. 28, 2012
Shareholders' Equity [Abstract]  
Shareholders' Equity

NOTE 7: SHAREHOLDERS' EQUITY

The following table summarizes the changes in shareholders' equity for the six months ended July 28, 2012:

                Accumulated   
          Additional   Other Total
     Common Stock Paid-In Accumulated Comprehensive Shareholders'
     Shares Amount Capital Deficit Loss (1) Equity
Balance at January 28, 2012 160,043 $ 16,004 $ 1,296,191 $ (50,706) $ (54,705) $ 1,206,784
Net income          19,848      19,848
Other comprehensive income, net of tax             852   852
Issuance of common stock 39   4   210         214
Net activity under stock compensation plans 1,923   192   (192)        
Shares withheld for employee taxes (1,350)   (135)   (15,648)         (15,783)
Income tax effect of stock compensation plans       8,353         8,353
Stock-based compensation       8,390         8,390
Repurchase of common stock (7,978)   (798)   (78,208)         (79,006)
Deferred tax adjustment related to convertible notes       1,538         1,538
Balance at July 28, 2012 152,677 $ 15,267 $ 1,220,634 $ (30,858) $ (53,853) $ 1,151,190

 

  • Accumulated Other Comprehensive Loss is composed of net gains and losses associated with our defined benefit plans.

 

We have a share repurchase program that authorizes us to repurchase up to 70,025 shares of our common stock. During the three months ended July 28, 2012, we repurchased and retired an aggregate of 7,978 shares of our common stock at an average price of $9.90 and a total cost of $79,006. We did not repurchase any shares of our common stock during the three- and six-month periods ended July 30, 2011. As of July 28, 2012, there were 21,194 shares remaining available for repurchase under our share repurchase program.