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Stock Based Compensation
9 Months Ended
Oct. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Based Compensation

(11) Stock-Based Compensation

Stock-Based Compensation

During the 13 weeks ended October 31, 2015 and November 1, 2014, the Company recognized total stock-based compensation expense of $594 and $522, respectively. During the 39 weeks ended October 31, 2015 and November 1, 2014, the Company recognized total stock-based compensation expense of $1,671 and $2,780, 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 income.

Employee Stock Plans

As of October 31, 2015, the number of shares available for awards under the 2013 Performance Incentive Plan (the “2013 Plan”) was 1,730,196. As of October 31, 2015, there were 609,953 awards outstanding under the 2013 Plan.

Nonvested Stock Unit Awards

During the 39 weeks ended October 31, 2015, the Company issued 27,668 nonvested stock units to employees or independent members of the Board of Directors at an average value of $11.28 per share. The nonvested stock units issued to employees vest evenly over four years on the grant date anniversary. The nonvested stock units issued to independent members of the Board of Directors vest evenly over 12 months on the grant date anniversary.

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

 

39 Weeks Ended

 

 

October 31, 2015

 

Nonvested stock units at January 31, 2015

 

887,853

 

Grants

 

27,668

 

Forfeitures

 

3,874

 

Vested

 

301,694

 

Nonvested stock units at October 31, 2015

 

609,953