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Share-Based Compensation (Tables)
9 Months Ended
Nov. 02, 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

 

 

Nine Months Ended

 

(In thousands)

 

November 2,
2024

 

 

October 28,
2023

 

 

November 2,
2024

 

 

October 28,
2023

 

Stock Options

 

$

 

 

$

 

 

$

 

 

$

 

Restricted Stock Awards and Restricted Stock Units

 

 

344

 

 

 

302

 

 

 

1,133

 

 

 

1,045

 

Employee Stock Purchase Plan

 

 

9

 

 

 

9

 

 

 

26

 

 

 

20

 

Total

 

$

353

 

 

$

311

 

 

$

1,159

 

 

$

1,065

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the nine months ended November 2, 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 November 2, 2024

 

 

424,749

 

 

$

15.51

 

Summary of Options Outstanding

Set forth below is a summary of options outstanding at November 2, 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

 

 

 

1.9

 

 

 

218,274

 

 

$

13.71

 

 

 

1.9

 

$15.01-20.00

 

 

206,475

 

 

$

17.42

 

 

 

3.0

 

 

 

206,475

 

 

$

17.42

 

 

 

3.0

 

 

 

424,749

 

 

$

15.51

 

 

 

2.4

 

 

 

424,749

 

 

$

15.51

 

 

 

2.4

 

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the nine months ended November 2, 2024, is summarized below:

 

 

RSUs, PSUs & RSAs

 

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2024

 

 

300,705

 

 

$

12.90

 

Granted

 

 

91,208

 

 

 

17.03

 

Vested

 

 

(87,309

)

 

 

13.85

 

Forfeited

 

 

(45,981

)

 

 

12.64

 

Outstanding at November 2, 2024

 

 

258,623

 

 

$

14.08