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Stock-Based Compensation (Tables)
6 Months Ended
Aug. 01, 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 Condensed Consolidated Statements of Operations:

 

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

(in thousands)

 

August 1, 2025

 

 

August 2, 2024

 

 

August 1, 2025

 

 

August 2, 2024

 

Deferred awards

 

$

934

 

 

$

943

 

 

$

1,752

 

 

$

1,865

 

Performance awards

 

 

292

 

 

 

385

 

 

 

290

 

 

 

585

 

Option awards

 

 

104

 

 

 

104

 

 

 

208

 

 

 

208

 

Total stock-based compensation expense

 

$

1,330

 

 

$

1,432

 

 

$

2,250

 

 

$

2,658

 

 

 

Summary of Deferred Awards Activity

The following table provides a summary of the Deferred Awards activity for the 26 weeks ended August 1, 2025:

 

 

 

Deferred Awards

 

(in thousands, except per share amounts)

 

Number of
Shares

 

 

Weighted Average
Grant Date Fair Value
per Share

 

Unvested Deferred Awards as of January 31, 2025

 

 

757

 

 

$

10.63

 

Granted

 

 

325

 

 

 

11.16

 

Vested

 

 

(247

)

 

 

12.20

 

Forfeited or expired

 

 

(75

)

 

 

9.41

 

Unvested Deferred Awards as of August 1, 2025

 

 

760

 

 

$

10.47

 

Summary of Performance Awards Activity

The following table provides a summary of the Performance Awards activity for the 26 weeks ended August 1, 2025:

 

 

 

Performance Awards

 

(in thousands, except per share amounts)

 

Number of
Shares

 

 

Weighted Average
Grant Date Fair Value
per Share

 

Unvested Performance Awards as of January 31, 2025

 

 

692

 

 

$

10.99

 

Granted

 

 

780

 

 

 

10.39

 

Change in estimate - performance

 

 

(65

)

 

 

 

Vested

 

 

 

 

 

 

Forfeited or expired

 

 

(78

)

 

 

9.95

 

Unvested Performance Awards as of August 1, 2025

 

 

1,329

 

 

$

10.21

 

Summary of Changes in Outstanding Options Awards

The following table provides a summary of the Option Awards activity for the 26 weeks ended August 1, 2025:

 

 

 

Option Awards

 

(in thousands, except per share amounts)

 

Number of
Shares

 

 

Weighted Average
Grant Date Fair Value
per Share

 

Option Awards outstanding as of January 31, 2025

 

 

217

 

 

$

13.34

 

Granted

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Expired

 

 

 

 

 

 

Option Awards outstanding as of August 1, 2025

 

 

217

 

 

$

13.34

 

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 August 1, 2025:

 

(in thousands, except contractual life and exercise price amounts)

 

Option Awards

 

 

Weighted
Average
Remaining Contractual Life (Years)

 

 

Weighted
Average
Exercise Price

 

 

Aggregate Intrinsic Value

 

Option Awards vested and expected to vest

 

 

217

 

 

 

6.02

 

 

$

13.34

 

 

$

-

 

Option Awards exercisable

 

 

133

 

 

 

5.23

 

 

$

14.93

 

 

$

-