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Share-Based Compensation (Tables)
 6 Months Ended
Aug. 03, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table details share-based compensation expense for the thirteen and twenty-six weeks ended August 3, 2019 and August 4, 2018:
 
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
(in thousands)
August 3, 2019
 
August 4, 2018
 
August 3, 2019
 
August 4, 2018
Share-based compensation expense
$
36

 
$
6,156

 
$
2,668

 
$
10,939
Schedule of Restricted Stock Unit Activity
The following table summarizes activity for restricted stock units for the twenty-six weeks ended August 3, 2019:
 
Service-based Restricted
Stock Units
 
Performance-based Restricted
Stock Units
 
Market-based Restricted
Stock Units
 
Number of 
Underlying
Shares (1)
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
Unvested at February 2, 2019
2,020,030

 
$
16.76

 
801,527

 
$
13.65

 
435,970

 
$
21.24

Granted
724,363

 
22.16

 
234,984

 
22.89

 
115,238

 
36.24

Adjustments for performance achievement
—

 
—

 
(90,616
)
 
24.06

 
(72,497
)
 
28.20

Vested
(701,802
)
 
17.92

 
—

 
—

 
(18,125
)
 
28.20

Forfeited
(261,851
)
 
16.22

 
(195,162
)
 
12.93

 
(38,802
)
 
29.90

Unvested at August 3, 2019
1,780,740

 
$
18.58

 
750,733

 
$
15.44

 
421,784

 
$
23.05



(1) 
Includes 271,420 unvested restricted stock units as of August 3, 2019, subject to vesting requirements related to the achievement of certain performance metrics, such as operating income and net income, for the fiscal year immediately preceding the vesting date. Holders of these restricted stock units have the opportunity to earn back one or more installments of the award if the cumulative performance requirements are met in a subsequent year. Unvested shares related to restricted stock units with performance-based and market-based vesting conditions can achieve up to 200% of their target vesting amount and are reflected at 100% of their target vesting amount in the table above.
Schedule of Stock Appreciation Rights Activity follows:
 
August 3, 2019
 
August 4, 2018
Grant date market price
$
25.34

 
$
23.59

Fair value
$
36.24

 
$
33.69

Assumptions:
 
 
 
Price volatility
57
%
 
54
%
Expected term (years)
2.9

 
2.9

Risk-free interest rate
2.2
%
 
2.4
%
Dividend yield
3.2
%
 
3.4
%
Average volatility of peer companies
40.0
%
 
37.4
%
Average correlation coefficient of peer companies
0.2407

 
0.2709



Stock appreciation rights

The following table summarizes stock appreciation rights activity for the twenty-six weeks ended August 3, 2019:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life (years)
Outstanding at February 2, 2019
1,041,867

 
$
37.81

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
(43,463
)
 
22.41

 
 
 
 
Forfeited or expired
(52,725
)
 
33.96

 
 
 
 
Outstanding at August 3, 2019
945,679

 
$
38.75

 
$
—

 
2.4
Stock appreciation rights exercisable at August 3, 2019
940,054

 
$
38.86

 
$
—

 
2.4
Stock appreciation rights expected to become exercisable in the future as of August 3, 2019
5,526

 
$
19.90

 
$
—

 
6.1

As of August 3, 2019, total unrecognized compensation cost related to stock appreciation rights was insignificant and is expected to be recognized over a weighted-average period of 2 months.

The grant date fair value of stock appreciation rights that vested during the twenty-six weeks ended August 3, 2019 was $0.6 million. The grant date fair value of stock appreciation rights that were exercised during the twenty-six weeks ended August 4, 2018 was $1.2 million.
Market-based restricted stock units [Member]  
Schedule of Weighted-Average Estimated Fair Value and Assumptions of Restricted Stock Units with Market Vesting Conditions
Additional information pertaining to restricted stock units for the twenty-six weeks ended August 3, 2019 and August 4, 2018 follows:
(in thousands)
August 3, 2019
 
August 4, 2018
Service-based restricted stock units:
 
 
 
Total grant date fair value of awards granted
$
16,052

 
$
16,161

Total grant date fair value of awards vested
12,576

 
14,608

 
 
 
 
Performance-based restricted stock units:
 
 
 
Total grant date fair value of awards granted
$
5,379

 
$
4,310

Total grant date fair value of awards vested
—

 
—

 
 
 
 
Market-based restricted stock units:
 
 
 
Total grant date fair value of awards granted
$
4,176

 
$
4,784

Total grant date fair value of awards vested
511

 
137


The weighted-average assumptions used for market-based restricted stock units in the Monte Carlo simulation during the twenty-six weeks ended August 3, 2019 and August 4, 2018 were as follows:
 
August 3, 2019
 
August 4, 2018
Grant date market price
$
25.34

 
$
23.59

Fair value
$
36.24

 
$
33.69

Assumptions:
 
 
 
Price volatility
57
%
 
54
%
Expected term (years)
2.9

 
2.9

Risk-free interest rate
2.2
%
 
2.4
%
Dividend yield
3.2
%
 
3.4
%
Average volatility of peer companies
40.0
%
 
37.4
%
Average correlation coefficient of peer companies
0.2407

 
0.2709