Stock-Based Awards (Tables)

6 Months Ended

Jul. 25, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense and Related Tax Benefit Recognized

Stock-based compensation expense and the related tax benefit recognized during the three and six months ended July 25, 2020 and July 27, 2019 were as follows (dollars in thousands):

	For the Three Months Ended				For the Six Months Ended
	July 25, 2020		July 27, 2019		July 25, 2020		July 27, 2019
Stock-based compensation	$	4,373	$	2,277	$	6,694	$	5,756
Income tax effect of stock-based compensation	$	1,089	$	561	$	1,663	$	1,429

Schedule of Share-based Compensation, Stock Options Award Activity

The following table summarizes stock option award activity during the six months ended July 25, 2020:

	Stock Options
	Shares	Weighted Average Exercise Price
Outstanding as of January 25, 2020	577,309	$	36.85
Granted	63,304	$	25.15
Options exercised	(212,527)	$	16.98
Canceled	—	$	—
Outstanding as of July 25, 2020	428,086	$	44.99
Exercisable options as of July 25, 2020	302,230	$	43.85

Schedule of Share-based Compensation, RSU and Performance RSU Activity

The following table summarizes RSU and Performance RSU award activity during the six months ended July 25, 2020:

	Restricted Stock
	RSUs			Performance RSUs
	Share Units	Weighted Average Grant Date Fair Value		Share Units	Weighted Average Grant Date Fair Value
Outstanding as of January 25, 2020	174,917	$	65.05	639,738	$	62.60
Granted	536,653	$	25.71	65,538	$	25.15
Share units vested	(45,193)	$	63.49	(12,315)	$	64.27
Forfeited or canceled	(12,646)	$	48.19	(222,946)	$	64.15
Outstanding as of July 25, 2020	653,731	$	33.19	470,015	$	56.59