XML 34 R19.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Stock-Based Compensation | 12 Months Ended
--- | ---
Jan. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation | (13) Stock-Based Compensation Stock-Based Compensation T he Company recognized total stock-based compensation expense, including expense relating to the employee stock purchase plan, of $3,186, $2,257, and $3,293, during fiscal years 2016, 2015, and 2014, 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 January 28, 2017, the number of shares available for awards under the 2013 Performance Incentive Plan (the “2013 Plan”) was 1,577,440. As of January 28, 2017, there were 622,339 awards outstanding under the 2013 Plan. All shares granted during the current year were newly issued shares. All subsequent awards were, and all future awards are expected to be, granted under the 2013 Plan. Nonvested Restricted Stock Awards During the fiscal year 2016, the Company issued 162 nonvested restricted stock awards to employees at a weighted average grant date fair value of $11.25 per share. The nonvested stock awards issued to employees vest over three years, with one third vesting on each grant date anniversary. The following table sets forth the rollforward of outstanding nonvested stock awards (per share amounts are not in thousands):
|  |  |  | Weighted |
|  |  |  | average |
|  |  |  | grant-date |
|  | Shares |  | fair value |
Balance at January 30, 2016 |  | — |  | $ | — |
Grants |  | 162 |  |  | 11.25 |
Forfeitures |  | — |  |  | — |
Vested |  | — |  |  | — |
Balance at January 28, 2017 |  | 162 |  | $ | 11.25 |
Nonvested Performance-Based Stock Awards During fiscal year 2016, the Company issued 159 nonvested performance-based stock awards to employees at a weighted average grant date fair value of $11.25 per share. The nonvested performance-based stock awards issued to employees vest over three years with one third vesting on each grant date anniversary. The number of shares issued is contingent on management achieving a fiscal year 2016 performance target for same store sales and return on invested capital for new stores. Based on the performance conditions met for 2016, the finalized granted awards was 73 as presented in the table below. The following table sets forth the rollforward of outstanding nonvested performance-based stock awards (per share amounts are not in thousands):
|  |  |  | Weighted |
|  |  |  | average |
|  |  |  | grant-date |
|  | Shares |  | fair value |
Balance at January 30, 2016 |  | — |  | $ | — |
Grants |  | 73 |  |  | 11.25 |
Forfeitures |  | — |  |  | — |
Vested |  | — |  |  | — |
Balance at January 28, 2017 |  | 73 |  | $ | 11.25 |
Nonvested Stock Unit Awards During fiscal year 2016, the Company issued 29 nonvested stock units to independent members of the Board of Directors at a weighted average grant date fair value of $9.81 per share. These nonvested stock units vest over 12 months with one twelfth vesting each month from the grant date. During fiscal year 2015, the Company issued 28 nonvested stock units to employees or independent members of the Board of Directors at a weighted average grant date fair 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 Company had no net share settlements in fiscal year 2016 or 2015. The following table sets forth the rollforward of outstanding restricted stock units:
|  |  |  | Weighted |
|  |  |  | average |
|  |  |  | grant-date |
|  | Shares |  | fair value |
Balance at January 30, 2016 |  | 599 |  | $ | 7.15 |
Grants |  | 29 |  |  | 9.81 |
Forfeitures |  | 6 |  |  | 7.05 |
Vested |  | 321 |  |  | 7.37 |
Balance at January 28, 2017 |  | 301 |  | $ | 7.17 |
|  |  |  | Weighted |
|  |  |  | average |
|  |  |  | grant-date |
|  | Shares |  | fair value |
Balance at January 31, 2015 |  | 888 |  | $ | 7.06 |
Grants |  | 28 |  |  | 11.28 |
Forfeitures |  | 8 |  |  | 7.06 |
Vested |  | 309 |  |  | 7.27 |
Balance at January 30, 2016 |  | 599 |  | $ | 7.15 |
As of January 28, 2017 and January 30, 2016, respectively, the Company had $2,158 and $4,279 remaining in unrecognized compensation costs related to nonvested restricted stock units. The weighted average grant date fair value of the outstanding shares were $7.17 and $7.15, respectively. The expected net tax benefit related to the unrecognized compensation costs were $833 and $1,647, respectively.

X
- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration