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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Restricted Stock Awards Transactions

The following section summarizes the share transactions for our restricted stock awards:

 

  

Number of

Shares

 

Weighted-

Average Grant

Date Fair

Value

Restricted stock at January 28, 2017   964,858   $22.63 
Granted   274,346    24.09 
Vested   (119,107)   24.27 
Forfeited or expired   (168,937)   18.46 
Restricted stock at October 28, 2017   951,160   $23.59 
Summary 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 28, 2017    111,300   $24.26      
Forfeited    (3,500)   24.26      
Exercised    0    0.00      
Outstanding at October 28, 2017    107,800   $24.26    2.4 
                 
Exercisable at October 28, 2017    62,991   $24.26    2.4 
Schedule of SARs Assumptions

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

 

   October 28, 2017  October 29, 2016
Risk free interest rate yield curve   1.01% - 2.06%    0.18% - 1.33% 
Expected dividend yield   1.4%   1.1%
Expected volatility   37.34%   35.06%
Maximum life        2.4 Years         3.4 Years 
Exercise multiple   1.34    1.34 
Maximum payout  $10.00   $10.00 
Employee exit rate   2.2% - 9.0%    2.2% - 9.0%
Restricted Stock [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) 

Thirteen

Weeks Ended

October 28,

2017

 

Thirteen

Weeks Ended

October 29,

2016

 

Thirty-nine

Weeks Ended

October 28,

2017

 

Thirty-nine

Weeks Ended

October 29,

2016

 Stock-based compensation before the recognized income tax effect  $996   $1,295   $2,140   $3,197 
 Income tax effect  $398   $482   $830   $1,208
Stock Appreciation Rights (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 recognized for SARs:

 

(In thousands) 

Thirteen

Weeks Ended

October 28,
2017

 

Thirteen

Weeks Ended

October 29,
2016

 

Thirty-nine

Weeks Ended

October 28,
2017

 

Thirty-nine

Weeks Ended

October 29,
2016

Stock-based compensation before the recognized income tax effect  $140   $12   $(97)  $208 
Income tax effect  $56   $4   $(38)  $79