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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Option Activity

Stock option activity for the fiscal year ended January 30, 2021 was as follows:

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise Price

 

 

Weighted Average

Remaining Contractual

Term (in years)

 

 

Aggregate Intrinsic

Value (in thousands)

 

Balance at February 1, 2020

 

 

381,513

 

 

$

11.76

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(52,561

)

 

 

8.55

 

 

 

 

 

 

 

 

 

Options forfeited

 

 

(131,684

)

 

 

14.23

 

 

 

 

 

 

 

 

 

Options expired

 

 

(23,750

)

 

 

18.14

 

 

 

 

 

 

 

 

 

Balance at January 30, 2021

 

 

173,518

 

 

$

9.99

 

 

 

6.0

 

 

$

2,686

 

Options Exercisable As of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 30, 2021

 

 

83,843

 

 

$

16.11

 

 

 

3.6

 

 

$

785

 

Other information related to option activity during fiscal 2020, 2019 and 2018 is as follows:

 

 

 

52 Weeks Ended January 30, 2021

 

 

52 Weeks Ended February 1, 2020

 

 

52 Weeks Ended February 2, 2019

 

Weighted average grant date fair value of options granted (per share)

 

$

 

 

$

3.28

 

 

$

6.18

 

Total fair value of stock options vested (in thousands)

 

$

119

 

 

$

543

 

 

$

834

 

Intrinsic value of stock options exercised (in thousands)

 

$

538

 

 

$

 

 

$

684

 

Weighted Average for Key Assumptions Used in Determining the Fair Value of Options Granted The weighted averages for key assumptions used in determining the fair value of options granted for the periods indicated below and a summary of the methodology applied to develop each assumption are as follows:

 

 

 

52 Weeks Ended January 30, 2021

 

52 Weeks Ended February 1, 2020

 

 

52 Weeks Ended February 2, 2019

 

Expected price volatility

 

— %

 

 

53

%

 

 

47

%

Risk-free interest rate

 

— %

 

 

2.24

%

 

 

2.79

%

Expected life

 

— years

 

6.3 years

 

 

6.3 years

 

Dividend yield

 

— %

 

 

0

%

 

 

0

%

 

RSU Activity

RSU activity for the fiscal year ended January 30, 2021, was as follows:

 

 

 

Shares

 

 

Weighted Average

Grant Date

Fair Value

 

Non-Vested at February 1, 2020

 

 

433,444

 

 

$

4.67

 

Granted

 

 

1,050,421

 

 

 

0.92

 

Vested

 

 

(281,604

)

 

 

3.61

 

Forfeited

 

 

(32,858

)

 

 

1.92

 

Non-Vested at January 30, 2021

 

 

1,169,403

 

 

$

1.63

 

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

Other information related to RSU activity during fiscal 2020, 2019 and 2018 is as follows:

 

 

 

52 Weeks Ended January 30, 2021

 

 

52 Weeks Ended February 1, 2020

 

 

52 Weeks Ended February 2, 2019

 

Weighted average grant date fair value of RSUs (per share)

 

$

0.92

 

 

$

4.32

 

 

$

10.83

 

Total fair value of restricted stock units vested (in thousands)

 

$

638

 

 

$

465

 

 

$

1,387