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Share-Based Payments (Tables)

12 Months Ended

Jan. 30, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Option Activity

A summary of the Company’s stock option activity under the 2014, 2017 and 2020 Plans for Fiscal 2020 follows:

		For the Year Ended January 30, 2021
						Weighted- Average				Weighted- Average Remaining Contractual				Aggregate Intrinsic
		Options				Exercise Price				Term				Value
		(In thousands)								(In years)				(In thousands)
Outstanding - February 1, 2020			2,584			$	18.18
Granted			1,705			$	10.30
Exercised (1)			(193	)		$	15.35
Cancelled			(156	)		$	19.23
Outstanding - January 30, 2021			3,940			$	14.87				4.9			$	30,806
Vested and expected to vest - January 30, 2021			2,890			$	15.52				3.3			$	20,439
Exercisable - January 30, 2021 (2)			1,532			$	17.26				1.4			$	8,319

(1) Options exercised during Fiscal 2020 ranged in price from $17.25 to $20.15.

(2)   Options exercisable represent “in-the-money” vested options based upon the weighted average exercise price of          vested options compared to the Company’s stock price on January 30, 2021.

Black-Scholes Option Valuation Assumptions

The fair value of stock options was estimated at the date of grant using a Black-Scholes option-pricing model with the following weighted-average assumptions:

		For the Years Ended
		January 30,	February 1,
Black-Scholes Option Valuation Assumptions		2021	2020
Risk-free interest rates (1)		0.3 - 0.6%	2.2%
Dividend yield		3.5 - 6.0 %	2.4%
Volatility factors of the expected market price of    the Company's common stock (2)		43.1 - 48.7%	38.2%
Weighted-average expected term (3)		4.4 years	4.4 years

(1) Based on the U.S. Treasury yield curve in effect at the time of grant with a term consistent with the expected life of our stock options.

(2) Based on the historical volatility of the Company’s common stock.

(3) Represents the period of time options are expected to be outstanding. The weighted average expected option terms were determined based on historical experience.  

Summary of Restricted Stock Activity

A summary of the activity of the Company’s restricted stock is presented in the following tables:

		Time-Based Restricted Stock Units								Performance- Based Restricted Stock Units
		For the year ended								For the year ended
		January 30, 2021								January 30, 2021
(Shares in thousands)		Shares				Weighted-Average Grant Date Fair Value				Shares				Weighted-Average Grant Date Fair Value
Non-vested - February 1, 2020			2,196			$	18.56				2,138			$	18.38
Granted			2,729				9.35				516				15.68
Vested			(959	)			16.69				(319	)			14.50
Cancelled/Forfeited			(268	)			16.16				(467	)			22.28
Non-vested - January 30, 2021			3,698			$	12.42				1,868			$	17.44

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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