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Employee Benefit Plans (Tables)
12 Months Ended
Feb. 01, 2014
Postemployment Benefits [Abstract]  
Combined Summary of Restricted Stock Grants to Employees and Directors

A combined summary of the status of restricted stock grants to employees and directors under the 2005 Plan is as follows:

 

     Fiscal Year Ended  
     February 1, 2014      February 2, 2013  
     Shares     Weighted Average
Grant Date
Fair Value
     Shares     Weighted Average
Grant Date
Fair Value
 

Shares at beginning of period

     458,130      $ 4.37         416,564      $ 5.83   

Shares granted

     282,673        2.75         235,000        3.15   

Shares vested

     (158,750     5.16         (106,921     6.71   

Shares forfeited

     (30,884     3.01         (86,513     5.19   
  

 

 

   

 

 

    

 

 

   

 

 

 

Shares at end of period

     551,169      $ 3.39         458,130      $ 4.37   
  

 

 

   

 

 

    

 

 

   

 

 

 
Summary of Company's Stock Option Plan

The Company’s policy is to issue exercised options from treasury shares. A summary of the status of the Company’s Stock Option Plan is as follows:

 

     Fiscal Year Ended  
     February 1, 2014      February 2, 2013  
     Shares     Weighted
Average
Exercise
Price
     Shares     Weighted
Average
Exercise
Price
 

Outstanding at beginning of year

     21,177      $ 7.34         33,251      $ 5.65   

Granted

     —          —           —          —     

Exercised

     —          —           (3,000     2.37   

Forfeited

     (14,843     6.44         (9,074     2.81   
  

 

 

   

 

 

    

 

 

   

 

 

 

Outstanding at end of year

     6,334      $ 9.44         21,177      $ 7.34   
  

 

 

   

 

 

    

 

 

   

 

 

 

Exercisable at end of year

     6,334      $ 9.44         21,177      $ 7.34   
  

 

 

   

 

 

    

 

 

   

 

 

 
Summary of Stock Options Outstanding

The following table summarizes information about stock options outstanding as of February 1, 2014:

 

     Options Outstanding      Options Exercisable  

Range of

Exercise Price

   Number
Outstanding at
February 1,
2014
     Weighted
Average
Remaining
Contractual
Life (Years)
     Weighted
Average
Exercise Price
     Number
Exercisable at
February 1,
2014
     Weighted
Average
Exercise Price
 

$6.13—$9.62

     6,334         0.88       $ 9.44         6,334       $ 9.44   
  

 

 

          

 

 

    

Totals

     6,334         0.88       $ 9.44         6,334       $ 9.44   
  

 

 

          

 

 

    
Summary of Unrecognized Compensation Cost Related to Non-Vested Awards Granted

As of February 1, 2014, the Company had $0.8 million of total unrecognized compensation cost related to non-vested awards granted under our various share-based plans, which it expects to recognize over the following fiscal years (in thousands):

 

Fiscal Year

   Unrecognized
Stock-based
Compensation Expense
 

2015

   $ 525   

2016

     248   

2017

     8   
  

 

 

 

Total

   $ 781