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Share-Based Compensation (Tables)
6 Months Ended
Aug. 03, 2024
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense

Share-based compensation expense was recognized as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

August 3,
2024

 

 

July 29,
2023

 

 

August 3,
2024

 

 

July 29,
2023

 

Stock Options

 

$

 

 

$

 

 

$

 

 

$

 

Restricted Stock Awards and Restricted Stock Units

 

 

470

 

 

 

391

 

 

 

789

 

 

 

743

 

Employee Stock Purchase Plan

 

 

11

 

 

 

7

 

 

 

17

 

 

 

11

 

Total

 

$

481

 

 

$

398

 

 

$

806

 

 

$

754

 

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the six months ended August 3, 2024, is summarized below:

 

 

Number of
Options

 

 

Weighted Average
Exercise Price

 

Outstanding at January 31, 2024

 

 

523,349

 

 

$

15.26

 

Granted

 

 

 

 

 

 

Exercised

 

 

(65,900

)

 

 

13.86

 

Forfeited

 

 

(27,700

)

 

 

14.91

 

Canceled

 

 

(5,000

)

 

 

13.80

 

Outstanding at August 3, 2024

 

 

424,749

 

 

$

15.51

 

Summary of Options Outstanding

Set forth below is a summary of options outstanding at August 3, 2024:

 

Outstanding

 

 

Exercisable

 

Range of
Exercise prices

 

Number
of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual Life

 

 

Number
of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted
Average
Remaining
Contractual Life

 

$10.01-15.00

 

 

218,274

 

 

$

13.71

 

 

 

2.1

 

 

 

218,274

 

 

$

13.71

 

 

 

2.1

 

$15.01-20.00

 

 

206,475

 

 

$

17.42

 

 

 

3.3

 

 

 

206,475

 

 

$

17.42

 

 

 

3.3

 

 

 

424,749

 

 

$

15.51

 

 

 

2.7

 

 

 

424,749

 

 

$

15.51

 

 

 

2.7

 

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the six months ended August 3, 2024, is summarized below:

 

 

RSUs, PSUs & RSAs

 

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2024

 

 

300,705

 

 

$

12.90

 

Granted

 

 

76,988

 

 

 

17.47

 

Vested

 

 

(82,389

)

 

 

13.79

 

Forfeited

 

 

(45,981

)

 

 

12.63

 

Outstanding at August 3, 2024

 

 

249,323

 

 

$

13.20