STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jul. 28, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Activity [Table Text Block]

A summary of the Company’s stock-based compensation (a component of selling and general and administrative expenses) and related income tax benefit is as follows (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	July 28, 2012		July 30, 2011		July 28, 2012		July 30, 2011
Stock option expense	$	77	$	82	$	168	$	251
Restricted stock expense		435		330		808		559
ESPP expense		45		43		90		87
Total stock-based compensation	$	557	$	455	$	1,066	$	897
Income tax benefit on stock-based compensation	$	162	$	134	$	304	$	231

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of each option granted during the thirteen and twenty-six week periods ended July 28, 2012 and July 30, 2011, respectively, are estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:

	Thirteen Weeks Ended						Twenty-Six Weeks Ended
	July 28, 2012 1			July 30, 2011			July 28, 2012			July 30, 2011
Stock Options
Expected volatility		-			40.5	%		42.1	%		41.7	%
Risk-free interest rate		-			2.5	%		3.5	%		2.1	%
Expected option life (in years)		-			5.84			5.78			4.67
Expected dividend yield		-			0.86	%		0.50	%		0.93	%
Weighted average fair value at grant date		-		$	5.29		$	5.03		$	4.60
Employee Stock Purchase Plan
Expected volatility		39.2	%		21.8	%		34.0	%		21.5	%
Risk-free interest rate		0.1	%		0.3	%		0.1	%		0.3	%
Expected option life (in years)		0.50			0.50			0.38			0.38
Expected dividend yield		0.78	%		0.68	%		0.59	%		0.51	%
Weighted average fair value at grant date	$	3.74		$	2.94		$	3.37		$	2.81

1) There were no stock option grants during the second quarter of 2012.

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The following table summarizes stock option activity during the twenty-six weeks ended July 28, 2012:

						Weighted Average		Aggregate
				Weighted		Remaining		Intrinsic
				Average		Contractual Life		Value
	Options			Exercise Price		(Years)		(Thousands)
Outstanding at January 28, 2012		795,376		$	11.52		3.0	$	2,831
Granted		12,669		$	14.78
Forfeited / Cancelled		(22,100	)	$	14.79
Exercised		(44,950	)	$	13.18
Outstanding at July 28, 2012		740,995		$	11.37		2.8	$	2,414
Exercisable at July 28, 2012		504,987		$	11.37		2.2	$	1,647

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

The following table summarizes restricted stock activity during the twenty-six weeks ended July 28, 2012:

				Weighted Average
				Grant Date Fair
	Number of Shares			Value
Non-vested Restricted Stock at January 28, 2012		711,600		$	12.56
Granted		33,881		$	12.53
Forfeited / Cancelled		(30,065	)	$	12.42
Vested		(59,890	)	$	13.51
Non-vested Restricted Stock at July 28, 2012		655,526		$	12.47