XML 33 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-Based Compensation (Tables)
 3 Months Ended
Apr. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense by type of grant
Stock-based compensation expense by type of grant for each period presented was as follows (in thousands):
 
Three Months Ended
 
April 29, 2017
 
April 30, 2016
Restricted stock units
$
73

 
$
—

Non-vested stock
1,508

 
1,736

Performance shares
674

 
1,073

Total compensation expense
2,255

 
2,809

Related tax benefit
(848
)
 
(1,056
)
Stock-based compensation expense, net of tax
$
1,407

 
$
1,753
Stock appreciation rights
The following table summarizes SARs activity for the three months ended April 29, 2017:
Stock Appreciation Rights
Number of Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value
(in thousands)
Outstanding, vested and exercisable at January 28, 2017
177,900

 
$
17.69

 
 
 
 
Expired
(55,700
)
 
15.86

 
 
 
 
Outstanding, vested and exercisable at April 29, 2017
122,200

 
$
18.53

 
0.8
 
$
—
Nonvested restricted stock units
The following table summarizes restricted stock unit activity for the three months ended April 29, 2017:
 
Restricted Stock Units
 
Number of Units
 
Weighted
Average Grant
 Date Fair Value
Outstanding at January 28, 2017
 
—

 
$
—

Granted
 
1,146,250

 
2.12

Vested
 
—

 
—

Forfeited
 
—

 
—

Outstanding at April 29, 2017
 
1,146,250

 
2.12
Non-vested stock
The following table summarizes non-vested stock activity for the three months ended April 29, 2017:
 
Non-vested Stock
 
Number of Shares
 
Weighted
Average Grant
 Date Fair Value
Outstanding at January 28, 2017
 
1,596,410

 
$
10.22

Granted
 
226,259

 
2.09

Vested
 
(362,510
)
 
13.61

Forfeited
 
(18,459
)
 
9.77

Outstanding at April 29, 2017
 
1,441,700

 
8.09
Performance shares
The following table summarizes information about the performance shares that were outstanding at April 29, 2017:

Period Granted
 
Target Shares
Outstanding at January 28, 2017
 
Target Shares Granted
 
Target Shares Vested
 
Target Shares Forfeited
 
Target Shares
Outstanding at
April 29, 2017
 
Weighted Average
Grant Date Fair Value Per Share
2015
 
158,490

 
—

 
—

 
—

 
158,490

 
$
28.33

2016
 
330,233

 
—

 
—

 
—

 
330,233

 
8.69

2017
 
—

 
600,000

 
—

 
—

 
600,000

 
1.80

Total
 
488,723

 
600,000

 
—

 
—

 
1,088,723

 
7.75