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Stockholders' Equity (Tables)
12 Months Ended
Jan. 29, 2023
Equity [Abstract]  
Summary of Significant Assumptions Used in Determining Underlying Fair Value of Weighted-Average Options Granted
The significant assumptions used in determining the underlying fair value of the options granted in fiscal 2022 were as follows:
VolatilityRisk-free Interest RateExpected Term
(in years)
Weighted Average Grant Date
Fair Value
Options Granted
April 2022 time-based grant58.3%2.8%6.6$31.27 36,844 
June 2022 time-based grant64.8%3.2%6.6$22.81 23,631 
June 2022 executive grant (1)
64.8%3.2%7.3$23.17 128,318 
October 2022 time-based grant67.6%3.9%7.3$21.97 129,576 
October 2022 investment grant67.2%3.9%7.4$16.32 195,051 
Total granted513,420 
(1)Executive inducement grant consisted of 29,612 options under an investment grant and 98,706 under a time-based grant.
Summary of Transactions Related to Stock Options Awards
Transactions related to stock option awards during fiscal 2022 were as follows:
Number
of Options
Weighted
Average
Exercise
Price
Outstanding at January 30, 20221,006,933$40.00 
Exercised(295,645)25.88 
Granted513,42033.63 
Forfeited(247,457)41.12 
Outstanding at January 29, 2023977,25140.64 
Exercisable at January 29, 2023572,426$45.11 
Summary of Transactions Related to Restricted Stock Units
Transactions related to restricted stock unit awards during fiscal 2022 were as follows:
Shares Weighted
Avg
Grant Date
Fair Value
Outstanding at January 30, 2022922,799$24.88 
Granted1,639,50533.09 
Vested(492,527)22.46 
Forfeited(176,666)43.72 
Outstanding at January 29, 20231,893,111$31.02 
Schedule of Stock Options Roll Forward
Compensation expense related to stock option plans and time-based restricted stock units as follows for the fiscal years presented:
202220212020
Stock options$2,482 $431 $1,318 
Restricted stock units17,512 12,041 5,667 
Total compensation expense (1)
$19,994 $12,472 $6,985 
(1)    Compensation expense related to stock options and restricted stock units is included in “General and administrative expenses” in the Consolidated Statements of Comprehensive Income (Loss). Forfeitures are recorded as they occur.