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Stock-Based Compensation (Tables)
3 Months Ended
May 02, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Restricted Stock Awards Transactions
 

Number of
Shares
 

 

   

Weighted-
Average Grant
Date Fair
Value

 

Restricted stock at January 31, 2015

  705,576     $ 21.49

Granted

  192,889     24.30

Vested

  (1,250 )     22.55

Forfeited

  (5,800 )     23.21

Restricted stock at May 2, 2015

  891,415     $ 22.08
Schedule of SARs Assumptions
 

May 2, 2015

 

 

 

Risk free interest rate yield curve

  0.00% -1.50%  

Expected dividend yield

  1.0 %  

Expected volatility

  37.68 %  

Maximum life

 

              4.88 Years

 

Exercise multiple

  1.31  

Maximum payout

  $ 10.00  

Employee exit rate

  2.2% - 9.0%  
Summary of SARs Activity
 

Number of
Shares

 

   

Weighted-
Average
Exercise Price

 

   

Weighted-
Average
Remaining
Contractual
Term (Years)
 

 

Outstanding at January 31, 2015

  40,375     $ 17.17    

Granted

  156,175     24.26    

Forfeited

  0     0.00    

Exercised

  (40,375 )     17.17    

Outstanding at May 2, 2015

  156,175     $ 24.26     4.88
Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Compensation Expense

(In thousands)

 

Thirteen
Weeks Ended
May 2,
2015
 

 

   

Thirteen
Weeks Ended
May 3,
2014

 

Stock-based compensation expense before the recognized income tax benefit

  $ 818     $ 759

Income tax benefit

  $ 318     $ 301
     
SARs [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Compensation Expense

(In thousands)

 

Thirteen
Weeks Ended
May 2,
2015

 

   

Thirteen
Weeks Ended
May 3,
2014

 

Stock-based compensation expense before the recognized income tax benefit

  $ 64     $ 18

Income tax benefit

  $ 25     $ 7