Stock-Based Compensation (Tables)

9 Months Ended

Jul. 29, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Cost Related to Stock-Based Awards

Compensation costs related to stock-based compensation awards were as follows:

	Three Months Ended				Nine Months Ended
(Dollars in thousands)	July 29, 2022		July 30, 2021		July 29, 2022		July 30, 2021
Stock option awards	$	2,664	$	2,614	$	7,207	$	7,271
Performance share awards	1,697		2,184		5,235		5,205
Restricted stock unit awards	1,611		1,033		4,034		3,029
Unrestricted common stock awards	—		—		629		671
Total compensation cost for stock-based compensation awards	$	5,972	$	5,831	$	17,105	$	16,176

Schedule of Assumptions for Options Granted

The table below illustrates the weighted-average valuation assumptions used under the Black-Scholes valuation method for options granted in the first nine months of the following fiscal periods:

	Fiscal 2022	Fiscal 2021
Expected life of option in years	6.19	6.21
Expected stock price volatility	23.74%	23.26%
Risk-free interest rate	1.31%	0.55%
Expected dividend yield	0.94%	0.86%
Per share weighted-average fair value at date of grant	$22.55	$19.39