v3.26.1
Stockholders' Equity
 3 Months Ended
May 02, 2026
Equity [Abstract]  
Stockholders' Equity

8. Stockholders’ Equity

 

Share Repurchase—On March 11, 2026, Zumiez Inc. approved the repurchase of up to an aggregate of $40 million of its Common Stock (the "Repurchase Program"). The repurchases will be made from time to time on the open market at prevailing market prices. The Repurchase Program is expected to continue through January 29, 2028, unless the time period is extended or shortened by the Board of Directors. The Repurchase Program supersedes the prior authorization approved by the Board of Directors on June 4, 2025 that was set to expire on June 20, 2026. As of May 2, 2026, there remains $33.8 million available to repurchase common stock under the Repurchase Program.

The following table summarizes our common stock repurchase activity (in thousands, except per share amount):

 

 

Three Months Ended

 

 

 

May 2, 2026

 

 

May 3, 2025

 

Number of shares repurchased

 

 

265

 

 

 

1,808

 

Average price per share of repurchased shares (with commission)

 

$

23.56

 

 

$

13.82

 

Total cost of shares repurchased

 

$

6,241

 

 

$

25,000

 

 

Accumulated Other Comprehensive Loss —The components of accumulated other comprehensive loss and the adjustments to other comprehensive (loss) income for amounts reclassified from accumulated other comprehensive loss into net loss are as follows (in thousands):
 

 

 

Foreign currency
translation
adjustments (2)

 

 

Net change in fair value of marketable securities

 

 

Accumulated other comprehensive losses

 

Three months ended May 2, 2026:

 

 

 

 

 

 

 

 

 

Balance at January 31, 2026

 

$

(10,179

)

 

$

(1,259

)

 

$

(11,438

)

Other comprehensive loss, net (1)

 

 

(974

)

 

 

(7

)

 

 

(981

)

Balance at May 2, 2026

 

$

(11,153

)

 

$

(1,266

)

 

$

(12,419

)

Three months ended May 3, 2025:

 

 

 

 

 

 

 

 

 

Balance at February 1, 2025

 

$

(21,735

)

 

$

(2,043

)

 

$

(23,778

)

Other comprehensive income, net (1)

 

 

6,614

 

 

 

418

 

 

$

7,032

 

Balance at May 3, 2025

 

$

(15,121

)

 

$

(1,625

)

 

$

(16,746

)

 

(1)
Other comprehensive loss before reclassifications were less than $0.1 million, net of taxes for net unrealized losses on marketable securities for the three months ended May 2, 2026. Other comprehensive income before reclassifications was $0.4 million, net of taxes for net unrealized gains on marketable securities for the three months ended May 3, 2025. There were no net unrealized losses, net of taxes, reclassified from accumulated other comprehensive loss for the three months ended May 2, 2026 and May 3, 2025.

 

(2)
Foreign currency translation adjustments are not adjusted for income taxes as they relate to permanent investments in our international subsidiaries.