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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Feb. 01, 2025
SHARE-BASED COMPENSATION  
Schedule of share-based compensation expense

($ thousands)

    

2024

    

2023

    

2022

Expense for share-based compensation plans, net of forfeitures:

 

  

 

  

 

  

Restricted stock

$

12,746

$

12,579

$

10,974

Stock performance awards

 

1,410

 

1,183

 

5,190

Restricted stock units

 

989

 

1,042

 

1,147

Total share-based compensation expense

$

15,145

$

14,804

$

17,311

Schedule of restricted stock activity

    

Number of

    

Nonvested

Weighted-

Restricted

Average Grant

Shares

Date Fair Value

Nonvested at January 29, 2022

 

1,390,397

 

14.24

Granted

 

848,678

 

21.76

Vested

 

(525,399)

 

12.87

Forfeited

 

(109,716)

 

15.67

Nonvested at January 28, 2023

 

1,603,960

 

18.57

Granted

 

603,121

 

23.13

Vested

 

(513,238)

 

13.73

Forfeited

 

(181,422)

 

19.15

Nonvested at February 3, 2024

 

1,512,421

 

21.96

Granted

 

346,686

 

39.77

Vested

 

(620,800)

 

21.08

Forfeited

 

(96,988)

 

26.08

Nonvested at February 1, 2025

 

1,141,319

$

27.60

Schedule of performance share award activity

    

Number of Nonvested

    

Number of Nonvested

    

Performance Share

Performance Share

Awards at Target

Awards at Maximum

Weighted-Average

Level

Level

Grant Date Fair Value

Nonvested at January 29, 2022

 

390,750

 

781,500

 

16.12

Granted

 

77,750

 

155,500

 

21.00

Vested

 

(172,500)

 

(345,000)

 

23.50

Forfeited

 

(15,000)

 

(30,000)

 

14.24

Nonvested at January 28, 2023

 

281,000

 

562,000

 

13.64

Granted

 

276,434

 

276,434

 

23.12

Vested

 

(273,918)

 

(547,836)

 

13.64

Forfeited

 

(14,868)

 

(21,950)

 

18.65

Nonvested at February 3, 2024

 

268,648

 

268,648

 

23.12

Granted

 

165,854

 

165,854

 

41.05

Vested

 

 

 

Forfeited

 

(21,886)

 

(21,886)

 

23.12

Nonvested at February 1, 2025

 

412,616

 

412,616

$

30.33

Schedule of restricted stock unit activity

    

    

    

Nonvested 

Outstanding

Accrued (3)

RSUs

    

    

    

    

    

Weighted-

Number of

Number of

Total

Total

Average

Vested

Nonvested

Number of

Number of

Grant Date

RSUs

RSUs

RSUs (2)

 RSUs

Fair Value

February 3, 2024

 

480,270

 

52,335

 

532,605

 

515,159

$

16.85

Granted (1)

 

3,972

 

27,690

 

31,662

 

22,534

 

35.01

Vested

 

46,842

 

(46,842)

 

 

15,512

 

19.41

Settled

 

(78,791)

 

 

(78,791)

 

(78,791)

 

41.27

February 1, 2025

 

452,293

 

33,183

 

485,476

 

474,414

$

28.38

(1)Granted RSUs include 4,278 RSUs resulting from dividend equivalents paid on outstanding RSUs, of which 3,972 related to outstanding vested RSUs and 306 to outstanding nonvested RSUs.
(2)Total number of RSUs as of February 1, 2025 includes 348,761 RSUs payable in shares and 136,715 RSUs payable in cash.
(3)Accrued RSUs include all fully vested awards and a pro-rata portion of nonvested awards based on the elapsed portion of the vesting period.
Schedule of RSUs granted, vested and settled

($ thousands, except per unit amounts)

    

2024

    

2023

    

2022

Weighted-average grant date fair value of RSUs granted (1)

$

34.40

$

19.92

$

27.09

Fair value of RSUs vested

$

859

$

1,186

$

998

RSUs settled

 

78,791

 

17,017

 

114,242

(1)Includes dividend equivalents granted on outstanding RSUs, which vest immediately.
Schedule of RSU compensation (income) expense and the related income tax provision (benefit)

($ thousands)

    

2024

    

2023

    

2022

Compensation (income) expense

$

(609)

$

579

$

335

Income tax provision (benefit)

 

157

 

(149)

 

(86)

Compensation (income) expense, net of tax

$

(452)

$

430

$

249