Subsequent Events

12 Months Ended

Feb. 02, 2013

Subsequent Events [Abstract]

Subsequent Events

Note 14 - Subsequent Events

On March 27, 2013, the Board of Directors approved the payment of a cash dividend to shareholders in the first quarter of fiscal 2013. The quarterly cash dividend of $0.06 per share will be paid on April 26, 2013 to shareholders of record as of the close of business on April 12, 2013.

Future declarations of dividends are subject to approval of the Board of Directors and will depend on the Company's results of operations, financial condition, business conditions and other factors deemed relevant by the Board of Directors.

On April 10, 2013 we amended our Credit Agreement to extend the expiration date by five years and renegotiated certain terms and conditions. The Credit Agreement continues to provide for up to $50.0 million in cash advances and commercial and standby letters of credit with borrowing limits based on eligible inventory. The details of the amended Credit Agreement are contained in Note 5 - "Long -Term Debt."