Share-Based Compensation (Tables)

3 Months Ended

May 04, 2014

Summary of Share Based Compensation Expense

Total share-based compensation expense (a component of selling, general and administrative expenses) is summarized as follows:

	Thirteen Week Periods Ended
	May 4, 2014		May 5, 2013

Share-based compensation expense before income taxes	$	134		140
Income tax benefit		—		(53	)

Share-based compensation expense net of income tax benefit	$	134		87

Effect on:
Basic earnings per share	$	0.04		0.03
Diluted earnings per share	$	0.04		0.03

Assumptions Used In Determining Fair Value of Options Granted and Summary of Methodology Applied to Develop Each Assumption

The assumptions used in determining the fair value of options granted and a summary of the methodology applied to develop each assumption are as follows:

	Fiscal 2014 Ended			Thirteen Week Periods Ended
	February 2, 2014			May 4, 2014			May 5, 2013
Stock options granted		129,500			—			—

Weighted average exercise price	$	9.97		$	—		$	—

Weighted average grant date fair value (per share)	$	4.69		$	—		$	—

Expected price volatility		47.11	%		N/A	%		N/A	%

Risk-free interest rate		0.60	%		N/A	%		N/A	%

Weighted average expected lives in years		7.4			N/A			N/A

Dividend yield		0.0	%		N/A	%		N/A	%