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Benefit Plans (Tables)
12 Months Ended
Jan. 28, 2023
Benefit Plans [Abstract]  
Stock Options, Valuation Assumptions
The fair values of the options granted have been estimated at the date of grant using the Black - Scholes option pricing model with the following assumptions:

   
2022
   
2021
 
Dividend yield
   
0
%    
0
%
Expected stock price volatility
   
98.6%-140.2
%
   
100.6%-115.6
%
Risk-free interest rate
   
2.73-4.36
%
   
1.29%-1.46
%
Expected award life (in years)
   
4.93-7.12
     
4.93-6.98
 
Weighted average fair value per share of awards granted during the year
 
$
2.09
   
$
20.58
 
Stock Option Activity Under Stock Award Plans
The following table summarizes stock option activity under the Stock Award Plans:

   
Employee and Director Stock Award Plans
 
                               
   
Number of
Shares
Subject To
Option
   
Stock Award
Exercise Price
Range Per Share
   
Weighted
Average
Exercise
Price
   
Other
Share
Awards (1)
   
Weighted
Average Grant
Fair Value/
Exercise Price
 
                               
Balance January 30, 2021
   
133,356
   
$
3.51-$97.40
   
$
20.41
     
-
   
$
-
 
Granted
   
6,637
   
$
20.41-$32.54
     
25.69
     
111,500
     
16.09
 
Cancelled/Forfeited
   
(51,625
)
 
$
7.12-$36.00
     
33.36
     
(12,500
)
   
(18.07
)
Exercised
   
(2,403
)
  $
7.12
     
7.12
     
(9,000
)
   
(20.41
)
Balance January 29, 2022
   
85,965
   
$
3.51-$97.40
   
$
13.41
     
90,000
   
$
15.39
 
Granted
   
82,500
   
$
0.85-$6.55
     
2.09
     
9,000
     
4.59
 
Cancelled/Forfeited
   
(44,823
)
 
$
0.85-$50.60
     
10.47
     
(62,750
)
   
(14.11
)
Exercised
   
-
   
$
-
     
-
     
(16,750
)
   
(10.92
)
Balance January 28, 2023
   
123,642
   
$
0.85-$97.40
   
$
6.00
     
19,500
   
$
18.35
 

 (1) Other Share Awards include deferred shares granted to executives and directors.
Defined Benefit Pension Plans
The following is a summary of the Company’s defined benefit pension plans as of each fiscal year-end:

Obligation and Funded Status:

(amounts in thousands)
 
January 28,
2023
   
January 29,
2022
 
Change in Projected Benefit Obligation:
           
Benefit obligation at beginning of year
 
$
15,343
   
$
17,371
 
Service cost
   
-
     
-
 
Interest cost
   
556
     
252
 
Actuarial gain
   
(1,996
)
   
(1,096
)
Benefits paid
   
(1,150
)
   
(1,184
)
Benefit obligation at end of year
 
$
12,753
   
$
15,343
 
                 
Fair value of plan assets at end of year
 
$
-
   
$
-
 
                 
Funded status
 
$
(12,753
)
 
$
(15,343
)
Unrecognized net actuarial loss
   
(2,015
)
   
(19
)
Accrued benefit cost
 
$
(14,768
)
 
$
(15,362
)
Amounts Recognized in the Consolidated Balance Sheets
Amounts recognized in the Consolidated Balance Sheets consist of:

   
January 28,
2023
   
January 29,
2022
 
(amounts in thousands)
           
Current liability
 
$
(1,158
)
 
$
(1,158
)
Long term liability
   
(11,604
)
   
(14,185
)
Accumulated other comprehensive loss
   
(2,006
)
   
(12
)
Net amount recognized
 
$
(14,768
)
 
$
(15,355
)
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Loss
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Loss:

Net Periodic Benefit Cost:

   
Fiscal Year
 
   
2022
   
2021
 
Service cost
 
$
-
   
$
-
 
Interest cost
   
556
     
252
 
Amortization of actuarial net gain
   
-
     
-
Net periodic benefit cost
 
$
556
   
$
252
 
Other Changes in Benefit Obligations Recognized in Other Comprehensive Loss
Other Changes in Benefit Obligations Recognized in Other Comprehensive Loss:

   
2022
   
2021
 
Net prior service cost recognized as a component of net periodic benefit cost
 
$
-
   
$
-
 
Net actuarial (gain) loss arising during the period
   
(1,796
)
   
(1,097
)
     
(1,796
)
   
(1,097
)
Income tax effect
   
-
     
-
 
Total recognized in other comprehensive loss
 
$
(1,796
)
 
$
(1,097
)
Total recognized in net periodic benefit cost and other comprehensive loss
 
$
(1,240
)
 
$
(844
)
Pre-Tax Components of Accumulated Other Comprehensive Income Unrecognized
(amounts in thousands)
 
January 28,
   
January 29,
 
   
2023
   
2022
 
Net unrecognized actuarial loss
 
$
(1,796
)
 
$
(1,097
)
Other actuarial adjustments
   
(190
)
   
907
 
Accumulated other comprehensive loss
 
$
(1,986
)
 
$
(190
)
Tax expense
   
1,100
     
1,100
 
Accumulated other comprehensive loss
 
$
(886
)
 
$
910
 
Weighted-Average Assumptions used to Determine Benefit Obligation and Net Periodic Benefit
   
2022
   
2021
 
Weighted-average assumptions used to determine benefit obligation:
           
Discount rate
   
4.40
%
   
2.58
%
Salary increase rate
   
0.00
%
   
0.00
%
Measurement date
 
Jan 31, 2023
   
Jan 31, 2022
 

   
Fiscal Year
 
   
2022
   
2021
 
Weighted-average assumptions used to determine net periodic benefit cost:
           
Discount rate
   
4.40
%
   
2.58
%
Salary increase rate
   
N/A
     
N/A
 
Expected Benefit Payments
The following benefit payments over the next ten years are expected to be paid:

Year
 
Pension Benefits
 
(amounts in thousands)
     
2023
   
1,149
 
2024
   
1,149
 
2025
   
1,269
 
2026
   
1,309
 
2027
   
1,309
 
2028 – 2032
   
6,376