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Subsequent Events
6 Months Ended
Aug. 01, 2020
Subsequent Events [Abstract]  
Subsequent Events

17. Subsequent Events

During the first quarter, we suspended our second quarter dividend as a result of the economic uncertainty as a result of the COVID-19 pandemic. On August 20, 2020, our Board of Directors approved the reinstatement of our quarterly dividend program at a rate of $0.15 per share, which will be payable on October 30, 2020 to shareholders of record on October 16, 2020. The Board will continue to evaluate the dividend program on a quarterly basis.

One of our minority investments, which is measured using the fair value measurement alternative, received additional funding in August at a higher valuation than our initial investment. This transaction is expected to generate a significant non-cash gain during the third quarter.