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Share-Based Compensation | 6 Months Ended
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Jul. 31, 2021
Share-based Payment Arrangement [Abstract] |
Share-Based Compensation | Share-Based Compensation The following summarizes the share-based compensation expense recognized under all of the Company’s stock plans (in thousands):
| Three Months Ended |  | Six Months Ended
| Jul 31, 2021 |  | Aug 1, 2020 |  | Jul 31, 2021 |  | Aug 1, 2020
Stock options | $ | 907 |  |  | $ | 820 |  |  | $ | 1,814 |  |  | $ | 1,515 |
Stock awards/units | 3,837 |  |  | 3,135 |  |  | 6,910 |  |  | 8,061 |
Employee Stock Purchase Plan | 58 |  |  | 48 |  |  | 138 |  |  | 213 |
Total share-based compensation expense | $ | 4,802 |  |  | $ | 4,003 |  |  | $ | 8,862 |  |  | $ | 9,789 |
Unrecognized compensation cost related to nonvested stock options and nonvested stock awards/units totaled approximately $6.2 million and $35.1 million, respectively, as of July 31, 2021. This cost is expected to be recognized over a weighted average period of 1.8 years. Grants On June 30, 2021, the Company made a grant of 695,566 nonvested stock units to certain of its executive employees. These nonvested stock units are subject to certain performance-based or market-based vesting conditions. Performance-Based Awards The Company has granted certain nonvested stock units subject to performance-based vesting conditions to select executive officers. Each award of nonvested stock units generally has an initial vesting period from the date of the grant through either (i) the end of the first fiscal year or (ii) the first anniversary of the date of grant, followed by annual vesting periods which may range from two-to-three years. The following summarizes the activity for nonvested performance-based units during the six months ended July 31, 2021:
| Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested at January 30, 2021 | 769,632 |  |  | $ | 16.15 |
Granted | 242,898 |  |  | 26.40 |
Vested | (166,761) |  |  | 14.07 |
Forfeited | (186,714) |  |  | 21.83 |
Nonvested at July 31, 2021 | 659,055 |  |  | $ | 18.85 |
Market-Based Awards The Company has granted certain nonvested stock units subject to market-based vesting conditions to select executive officers. These market-based awards include (i) units where the number of shares that may ultimately vest will equal 0% to 150% of the target number of shares, subject to the performance of the Company’s total stockholder return (“TSR”) relative to the TSR of a select group of peer companies over a three-year period and (ii) units scheduled to vest based on the attainment of certain absolute stock price levels over a four-year period. Vesting is also subject to continued service requirements through the vesting date. The following summarizes the activity for nonvested market-based units during the six months ended July 31, 2021:
| Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested at January 30, 2021 | 509,012 |  |  | $ | 8.67 |
Granted 1 | 494,623 |  |  | 21.48 |
Vested 1 | (125,822) |  |  | 20.28 |
Nonvested at July 31, 2021 | 877,813 |  |  | $ | 14.22 |
____________________________________________________________________ Notes: 1 As a result of the achievement of certain market-based vesting conditions, there were 41,955 shares that vested in addition to the original target number of shares granted in fiscal 2019.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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