Stock-Based Compensation (Tables)

9 Months Ended

Aug. 04, 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				Nine Months Ended
(Dollars in thousands)	August 4, 2023		July 29, 2022		August 4, 2023		July 29, 2022
Stock option awards	$	1,984	$	2,664	$	6,287	$	7,207
Performance share awards	(195)		1,697		1,923		5,235
Restricted stock unit awards	1,845		1,611		5,086		4,034
Unrestricted common stock awards	—		—		1,086		629
Total compensation cost for stock-based compensation awards	$	3,634	$	5,972	$	14,382	$	17,105

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 2023	Fiscal 2022
Expected life of option in years	6.31	6.19
Expected stock price volatility	25.20%	23.74%
Risk-free interest rate	3.79%	1.31%
Expected dividend yield	0.95%	0.94%
Per share weighted-average fair value at date of grant	$33.21	$22.55