XML 40 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Stock-Based Compensation (Tables)
12 Months Ended
Jan. 29, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
RSU Activity

RSU activity for the fiscal year ended January 29, 2022, was as follows:

 

 

 

Shares

 

 

Weighted Average

Grant Date

Fair Value

 

Non-Vested at January 30, 2021

 

 

1,169,403

 

 

$

1.63

 

Granted

 

 

152,815

 

 

 

24.23

 

Vested

 

 

(120,468

)

 

 

4.19

 

Forfeited

 

 

(274,837

)

 

 

3.09

 

Non-Vested at January 29, 2022

 

 

926,913

 

 

$

4.60

 

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

Other information related to RSU activity during fiscal 2021, 2020 and 2019 is as follows:

 

 

 

52 Weeks Ended January 29, 2022

 

 

52 Weeks Ended January 30, 2021

 

 

52 Weeks Ended February 1, 2020

 

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

 

$

24.23

 

 

$

0.92

 

 

$

4.32

 

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

 

$

2,846

 

 

$

638

 

 

$

465

 

Stock Option Activity

Stock option activity for the fiscal year ended January 29, 2022 was as follows:

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise Price

 

 

Weighted Average

Remaining Contractual

Term (in years)

 

 

Aggregate Intrinsic

Value (in thousands)

 

Balance at January 30, 2021

 

 

173,518

 

 

$

9.99

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(49,454

)

 

 

7.62

 

 

 

 

 

 

 

 

 

Options forfeited

 

 

(38,985

)

 

 

1.90

 

 

 

 

 

 

 

 

 

Balance at January 29, 2022

 

 

85,079

 

 

$

15.08

 

 

 

3.9

 

 

$

272

 

Options Exercisable As of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 29, 2022

 

 

67,047

 

 

$

16.89

 

 

 

3.1

 

 

$

141

 

Other information related to option activity during fiscal 2021, 2020 and 2019 is as follows:

 

 

 

52 Weeks Ended January 29, 2022

 

 

52 Weeks Ended January 30, 2021

 

 

52 Weeks Ended February 1, 2020

 

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

 

$

 

 

$

 

 

$

3.28

 

Total fair value of stock options vested (in thousands)

 

$

84

 

 

$

119

 

 

$

543

 

Intrinsic value of stock options exercised (in thousands)

 

$

945

 

 

$

538

 

 

$

 

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 29, 2022

 

52 Weeks Ended January 30, 2021

 

52 Weeks Ended February 1, 2020

 

Expected price volatility

 

— %

 

— %

 

 

53

%

Risk-free interest rate

 

— %

 

— %

 

 

2.24

%

Expected life

 

— years

 

— years

 

6.3 years

 

Dividend yield

 

— %

 

— %

 

 

0

%