Stock Based Compensation

3 Months Ended

May 02, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

(10) Stock-Based Compensation

Stock-Based Compensation

During the 13 weeks ended May 2, 2015 and May 3, 2014, the Company recognized total stock-based compensation expense of $597 and $1,734, respectively. Compensation expense related to the Company's stock-based payment awards is recognized in selling, general, and administrative expenses in the consolidated statements of operations.

Employee Stock Plans

As of May 2, 2015, the number of shares available for awards under the 2013 Performance Incentive Plan (the “2013 Plan”) was 1,736,299. As of May 2, 2015, there were 595,858 awards outstanding under the 2013 Plan.

Nonvested Stock Unit Awards

During the 13 weeks ended May 2, 2015, the Company issued 3,740 nonvested stock units to employees at a value of $9.56 per share. These nonvested stock units vest evenly over four years on the grant date anniversary.

The following table sets forth the rollforward of outstanding nonvested stock units:

	13 Weeks Ended
	May 2, 2015
Nonvested stock units at January 31, 2015		887,853
Grants		3,740
Forfeitures		2,009
Vesting		293,726
Nonvested stock units at May 2, 2015		595,858

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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