XML 43 R30.htm IDEA: XBRL DOCUMENT v3.25.1
Stock-Based Compensation (Tables)
12 Months Ended
Jan. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-Based Compensation Expense

The following table provides a summary of the Company’s stock-based compensation expense, which is included in Selling and administrative expense in the Consolidated Statements of Operations:

 

(in thousands)

 

Fiscal 2024

 

 

Fiscal 2023

 

 

Fiscal 2022

 

Deferred awards

 

$

3,541

 

 

$

3,491

 

 

$

5,744

 

Performance awards (1)

 

 

917

 

 

 

(87

)

 

 

(2,090

)

Option awards

 

 

415

 

 

 

423

 

 

 

99

 

Total stock-based compensation expense

 

$

4,873

 

 

$

3,827

 

 

$

3,753

 

 

(1)
Net credit expense for Fiscal 2023 and Fiscal 2022 includes a reduction of the accrual for Performance Awards based on actual and projected results relative to performance measures and forfeitures.
Summary of Deferred Awards Activity

The following table provides a summary of the Deferred Awards activity for Fiscal 2024, Fiscal 2023 and Fiscal 2022.

 

 

Fiscal Year Ended

 

 

 

January 31, 2025

 

 

February 2, 2024

 

 

January 27, 2023

 

(in thousands, except per share amounts)

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 Deferred Awards at beginning
   of year

 

 

959

 

 

$

11.44

 

 

 

906

 

 

$

16.46

 

 

 

913

 

 

$

14.60

 

Granted

 

 

314

 

 

 

11.40

 

 

 

844

 

 

 

8.53

 

 

 

503

 

 

 

18.09

 

Vested

 

 

(284

)

 

 

14.32

 

 

 

(449

)

 

 

12.21

 

 

 

(398

)

 

 

14.14

 

Forfeited

 

 

(232

)

 

 

10.48

 

 

 

(342

)

 

 

16.53

 

 

 

(112

)

 

 

16.94

 

Deferred Awards at end
   of year

 

 

757

 

 

$

10.63

 

 

 

959

 

 

$

11.44

 

 

 

906

 

 

$

16.46

 

Summary of Performance Awards Activity

The following table provides a summary of the Performance Awards activity for Fiscal 2024, Fiscal 2023 and Fiscal 2022:

 

 

 

Fiscal Year Ended

 

 

 

January 31, 2025

 

 

February 2, 2024

 

 

January 27, 2023

 

(in thousands, except per share amounts)

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 Performance Awards at
   beginning of year

 

 

607

 

 

$

13.14

 

 

 

355

 

 

$

24.39

 

 

 

436

 

 

$

21.15

 

Granted

 

 

264

 

 

10.30

 

 

 

567

 

 

 

9.74

 

 

 

248

 

 

 

20.65

 

Change in estimate - performance

 

 

(57

)

 

 

29.95

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(270

)

 

 

15.73

 

Forfeited

 

 

(122

)

 

 

11.46

 

 

 

(315

)

 

 

19.68

 

 

 

(59

)

 

 

24.39

 

 Performance Awards at
   end of year

 

 

692

 

 

$

10.99

 

 

 

607

 

 

$

13.14

 

 

 

355

 

 

$

24.39

 

Summary of Changes in Outstanding Options Awards

The following table provides a summary of the changes in outstanding Options Awards for Fiscal 2024, Fiscal 2023 and Fiscal 2022.

 

 

 

Fiscal Year Ended

 

 

 

January 31, 2025

 

 

February 2, 2024

 

 

January 27, 2023

 

 

 

Option Awards

 

 

Weighted
Average
Exercise Price per Share

 

 

Option Awards

 

 

Weighted
Average
Exercise Price per Share

 

 

Option Awards

 

 

Weighted
Average
Exercise Price per Share

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Option Awards outstanding at beginning of year

 

 

511

 

 

$

16.08

 

 

 

511

 

 

$

16.08

 

 

 

343

 

 

$

18.66

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

168

 

 

 

10.81

 

Vested

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(294

)

 

 

18.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Option Awards outstanding at end of year

 

 

217

 

 

$

13.34

 

 

 

511

 

 

$

16.08

 

 

 

511

 

 

$

16.08

 

Summary of Information about Option Awards Vested and Expected to Vest

The following table provides a summary of information about the Option Awards vested and expected to vest during the contractual term, as well as Option Awards exercisable as of January 31, 2025:

 

 

Option Awards

 

 

Weighted
Average
Remaining Contractual Life (Years)

 

 

Weighted
Average
Exercise Price

 

 

Aggregate Intrinsic Value

 

(in thousands, except per share and contractual life amounts)

 

 

 

 

 

 

 

 

 

 

 

 

Option Awards vested and expected to vest

 

 

217

 

 

 

6.5

 

 

$

13.34

 

 

 

 

Option Awards exercisable

 

 

133

 

 

 

5.7

 

 

$

14.93