Stock-Based Compensation (Tables)

6 Months Ended

May 05, 2023

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				Six Months Ended
(Dollars in thousands)	May 5, 2023		April 29, 2022		May 5, 2023		April 29, 2022
Stock option awards	$	2,591	$	2,715	$	4,302	$	4,543
Performance share awards	1,301		1,917		2,119		3,538
Restricted stock unit awards	1,632		1,276		3,241		2,423
Unrestricted common stock awards	—		—		1,086		629
Total compensation cost for stock-based compensation awards	$	5,524	$	5,908	$	10,748	$	11,133

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 six months of the following fiscal periods:

	Fiscal 2023	Fiscal 2022
Expected life of option in years	6.32	6.19
Expected stock price volatility	25.20%	23.76%
Risk-free interest rate	3.79%	1.30%
Expected dividend yield	0.95%	0.94%
Per share weighted-average fair value at date of grant	$33.22	$22.57