XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.25.1

SHARE-BASED COMPENSATION (Tables) | 6 Months Ended
--- | ---
May 04, 2025
SHARE-BASED COMPENSATION [Abstract] |
Share-based Compensation Expenses | The table below presents information on the Company’s share-based compensation expenses.
|  | Three Months Ended |  |  | Six Months Ended |
|  | May 4, |  |  | April 28, |  |  | May 4, |  |  | April 28, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Expense reported in: |  |  |  |  |  |  |  |  |  |  |  |
Cost of goods sold |  | $ | 785 |  |  | $ | 669 |  |  | $ | 1,562 |  |  | $ | 1,263 |
Selling, general, and administrative |  |  | 2,288 |  |  |  | 2,987 |  |  |  | 4,556 |  |  |  | 4,737 |
Research and development |  |  | 302 |  |  |  | 270 |  |  |  | 592 |  |  |  | 499 |
Total expense incurred |  | $ | 3,375 |  |  | $ | 3,926 |  |  | $ | 6,710 |  |  | $ | 6,499 |
Expense by award type: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted stock awards |  | $ | 2,809 |  |  | $ | 3,926 |  |  | $ | 6,086 |  |  | $ | 6,499 |
Restricted stock units |  |  | 509 |  |  |  | - |  |  |  | 509 |  |  |  | - |
Employee stock purchase plan |  |  | 57 |  |  |  | - |  |  |  | 115 |  |  |  | - |
Total expense incurred |  | $ | 3,375 |  |  | $ | 3,926 |  |  | $ | 6,710 |  |  | $ | 6,499 |
Income tax benefits on share-based compensation |  | $ | 406 |  |  | $ | 323 |  |  | $ | 852 |  |  | $ | 421 |
Restricted Stock Awards Activity | The table below presents information on the Company’s restricted stock awards.
|  | Three Months Ended |  |  | Six Months Ended |
|  | May 4, |  |  | April 28, |  |  | May 4, |  |  | April 28, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Number of shares granted in period |  |  | 237,738 |  |  |  | - |  |  |  | 583,238 |  |  |  | 825,050 |
Weighted-average grant-date fair value of awards (in dollars per share) |  | $ | 21.28 |  |  | $ | - |  |  | $ | 23.42 |  |  | $ | 29.77 |
Compensation cost not yet recognized |  | $ | 27,028 |  |  | $ | 28,695 |  |  | $ | 27,028 |  |  | $ | 28,695 |
Weighted-average amortization period for cost not yet recognized (in years) |  |  | 3.0 |  |  |  | 3.1 |  |  |  | 3.0 |  |  |  | 3.1 |
Shares outstanding at balance sheet date |  |  | 1,439,672 |  |  |  | 1,560,540 |  |  |  | 1,439,672 |  |  |  | 1,560,540 |
Restricted Stock Units Activity | The table below presents information on the Company’s restricted stock awards.
|  | Three Months Ended |  |  | Six Months Ended |
|  | May 4, |  |  | April 28, |  |  | May 4, |  |  | April 28, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Number of units granted in period |  |  | 52,836 |  |  |  | - |  |  |  | 52,836 |  |  |  | - |
Weighted-average grant-date fair value of awards (in dollars per share) |  | $ | 22.52 |  |  | $ | - |  |  | $ | 22.52 |  |  | $ | - |
Compensation cost not yet recognized |  | $ | 681 |  |  | $ | - |  |  | $ | 681 |  |  | $ | - |
Weighted-average amortization period for cost not yet recognized (in years) |  |  | 0.8 |  |  |  | - |  |  |  | 0.8 |  |  |  | - |
Restricted stock units outstanding at balance sheet date |  |  | 33,966 |  |  |  | - |  |  |  | 33,966 |  |  |  | - |
Stock Options Activity | The table below presents information on the Company’s stock options.
|  | Three Months Ended |  |  | Six Months Ended |
|  | May 4, |  |  | April 28, |  |  | May 4, |  |  | April 28, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Number of options granted in period |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Cash received from options exercised |  | $ | 26 |  |  | $ | 119 |  |  | $ | 1,298 |  |  | $ | 1,055 |
Compensation cost not yet recognized |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Weighted-average amortization period for cost not yet recognized (in years) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Outstanding and Exercisable Option | Information regarding outstanding and exercisable option awards as of May 4, 2025, is presented below.
Options |  | Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in years) |  |  | Aggregate Intrinsic Value |
Outstanding and exercisable at May 4, 2025 |  |  | 148,075 |  |  | $ | 10.72 |  |  |  | 1.80 |  |  | $ | 1,259 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the total intrinsic value of options exercised (or share units converted), share-based liabilities paid, and the total fair value of shares vested during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (d)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration