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Stock Based Compensation (Tables)
12 Months Ended
Jan. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity

The following table summarizes the stock option transactions pursuant to the stock-based compensation plans:

 

Number of Shares

   

Weighted- Average Exercise Price

   

Weighted- Average Remaining Contractual Term (Years)

   

Aggregate Intrinsic Value (in thousands)

Outstanding at January 31, 2015

  21,999     $ 9.49        

   Granted

  0            

   Forfeited or expired

  0            

   Exercised

  (14,999 )     10.36        

Outstanding and exercisable at January 30, 2016

  7,000     $ 7.63     1.97     $ 109
Schedule of Stock Options Exercised

The following table summarizes information regarding options exercised:

(In thousands)

 

2015

 

2014

   

2013

           

Total intrinsic value (1)

  $ 229   $ 146     $ 103

Total cash received

  $ 155   $ 77     $ 69

Associated excess income tax benefits recorded

  $ 57     $ 43     $ 28

 

(1)      Defined as the difference between the market value at exercise and the grant price of stock options exercised.


Summary of Restricted Stock Awards Transactions

The following table summarizes the restricted share transactions pursuant to the 2000 Plan:

 

 

Number of Shares

   

Weighted- Average Grant Date Fair Value

Restricted stock at January 31, 2015

  705,576     $ 21.49

   Granted

  212,503     24.43

   Vested

  (19,531 )     24.49

   Forfeited

  (69,056 )     21.98

Restricted stock at January 30, 2016

  829,492     $ 22.13
Schedule of SARs Activity

The following table summarizes the 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

  (8,625 )     24.26    

   Exercised

  (40,375 )     17.17    

Outstanding at January 30, 2016

  147,550     $ 24.26     4.1
Schedule of SARs Assumptions

The fair value was estimated using a trinomial lattice model with the following assumptions:

 

 

    January 30, 2016     January 31, 2015   February 1, 2014  

Risk free interest rate yield curve

  0.22% - 1.33%   0.01% - 1.18%
0.01% - 1.49
%  

Expected dividend yield

  1.0 %  
1.0 % 1.0 %    

Expected volatility

  36.05 %   37.82 % 45.20 %    

Maximum life

 

                   4.1 Years

  2.0 Years 2.99 Years    

Exercise multiple

  1.34   1.31 1.38    

Maximum payout

  $ $10.00   $6.67 $6.67    

Employee exit rate

  2.2% - 9.0%   2.2% - 9.0 % 2.2% - 9.0 %    
Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Compensation Expense

The following table summarizes information regarding stock-based compensation expense recognized for restricted stock awards:

 

(In thousands)

 

2015

 

       2014

   

2013

     

Stock-based compensation expense before the recognized income tax benefit

  $ 3,340   $ 906     $ 2,985

Income tax benefit

  $ 1,274   $ 351     $ 1,141
SARs [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Compensation Expense

The following table summarizes information regarding stock-based compensation expense recognized for SARs:

 

(In thousands)

 

2015

 

2014

   

2013

     

Stock-based compensation expense before the recognized income tax benefit

  $ 321   $ 121     $ 272

Income tax benefit

  $ 123   $ 47     $ 104