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Share-Based Compensation (Tables) | 12 Months Ended
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Feb. 03, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of share-based compensation expense recognized under all of the Company's stock plans | The following summarizes the share-based compensation expense recognized under all of the Company’s stock plans (in thousands):
| Year Ended
| Feb 3, 2024 |  | Jan 28, 2023 |  | Jan 29, 2022
Stock options | $ | 713 |  |  | $ | 2,709 |  |  | $ | 3,528 |
Stock awards/units | 19,369 |  |  | 17,478 |  |  | 17,385 |
ESPP | 164 |  |  | 208 |  |  | 206 |
Total share-based compensation expense | $ | 20,246 |  |  | $ | 20,395 |  |  | $ | 21,119 |
Schedule of stock option activity under all of the Company's stock plans | The following summarizes the stock option activity under all of the Company’s stock plans:
| Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value ($000’s)
Options outstanding at January 28, 2023 | 2,569,629 |  |  | $ | 16.24 |  |  |  |  |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | (262,402) |  |  | $ | 15.49 |  |  |  |  |
Forfeited | (11,175) |  |  | $ | 14.32 |  |  |  |  |
Expired | (155,450) |  |  | $ | 25.19 |  |  |  |  |
Options outstanding at February 3, 2024 | 2,140,602 |  |  | $ | 15.69 |  |  | 4.83 |  | $ | 16,136 |
Exercisable at February 3, 2024 | 2,140,602 |  |  | $ | 15.69 |  |  | 4.83 |  | $ | 16,136 |
Schedule of nonvested stock awards/units activity under all of the Company's stock plans | The following summarizes the nonvested stock awards/units activity under all of the Company’s stock plans:
| Number of Awards/Units |  | Weighted Average Grant Date Fair Value
Nonvested at January 28, 2023 | 2,340,292 |  |  | $ | 17.81 |
Granted | 1,280,124 |  |  | $ | 17.10 |
Vested | (1,458,039) |  |  | $ | 14.51 |
Forfeited | (214,521) |  |  | $ | 20.20 |
Nonvested at February 3, 2024 | 1,947,856 |  |  | $ | 19.56 |
Schedule of activity for nonvested performance-based units and nonvested market-based units | The following summarizes the activity for nonvested performance-based units and nonvested market-based units included in the above:
| Performance-Based Units |  | Market-Based Units
| Number of Units |  | Weighted Average Grant Date Fair Value |  | Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested at January 28, 2023 | 612,627 |  |  | $ | 20.14 |  |  | 946,787 |  |  | $ | 14.75 |
Granted 1 | 340,042 |  |  | $ | 18.14 |  |  | 281,487 |  |  | $ | 12.06 |
Vested 1 | (391,388) |  |  | $ | 20.02 |  |  | (505,494) |  |  | $ | 6.38 |
Forfeited | (184,365) |  |  | $ | 20.34 |  |  | — |  |  | $ | — |
Nonvested at February 3, 2024 | 376,916 |  |  | $ | 18.36 |  |  | 722,780 |  |  | $ | 19.55 |
______________________________________________________________________ 1 As a result of the achievement of certain market-based vesting conditions, there were 145,003 shares that vested in addition to the original target number of market-based shares granted in fiscal 2021.
Schedule of assumptions used for market-based nonvested stock units | The following assumptions were used for the grants:
|  | Year Ended
Valuation Assumptions |  | Feb 3, 2024 |  | Jan 28, 2023 |  | Jan 29, 2022
Risk-free interest rate |  | 3.7 | % |  | 2.8 | % |  | 0.6 | %
Expected stock price volatility |  | 59.7 | % |  | 71.3 | % |  | 78.4 | %
Expected dividend yield |  | — | % |  | — | % |  | — | %
Expected life of market-based awards |  | 2.7 years |  | 2.7 years |  | 3.5 years
Schedule of weighted average assumptions used for ESPP | The fair value of stock compensation expense associated with the Company’s ESPP was estimated on the date of grant using the Black-Scholes option-pricing valuation model with the following weighted average assumptions used for grants:
|  | Year Ended
Valuation Assumptions |  | Feb 3, 2024 |  | Jan 28, 2023 |  | Jan 29, 2022
Risk-free interest rate |  | 5.2 | % |  | 2.4 | % |  | 0.0 | %
Expected stock price volatility |  | 40.8 | % |  | 55.4 | % |  | 50.4 | %
Expected dividend yield |  | 5.8 | % |  | 5.3 | % |  | 2.4 | %
Expected life of ESPP options |  | 3 months |  | 3 months |  | 3 months

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of market-based performance shares, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
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- 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 -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -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
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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