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Share-Based Compensation (Tables)
9 Months Ended
Nov. 02, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
Share-based compensation expense was recognized as follows:
 
   
Three Months Ended
   
Nine Months Ended
 
(In thousands)  
November 2,
2019
   
October 27,
2018
   
November 2,
2019
   
October 27,
2018
 
Stock Options
  $ 148   $215   $487   $571 
Restricted Stock Awards and Restricted Stock Units
   371    290    1,074    757 
Employee Stock Purchase Plan
   6    5    15    11 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total
  $525   $510   $1,576   $1,339 
   
 
 
   
 
 
   
 
 
   
 
 
 
Fair Value of Stock Options Granted
There were no stock options granted during the nine months ended November 2, 2019. The fair value of stock options granted during the nine months ended October 27, 2018 were estimated using the following assumptions:
 
   
Nine Months Ended
 
   
October 27,

2018
 
Risk Free Interest Rate
   2.6
Expected Volatility
   39.3
Expected Life (in years)
   9.0 
Dividend Yield
   1.5
Aggregated Information Regarding Stock Options Granted
Aggregated information regarding stock option activity for the nine months ended November 
2
, 2019 is summarized below:
 
   
Number of
Options
   
Weighted Average
Exercise Price
 
Outstanding at January 31, 2019
   771,145   $14.30 
Granted
   —      —   
Exercised
   (55,175)   11.68 
Forfeited
   (8,275)   16.72 
Canceled
   (400)   6.22 
   
 
 
   
 
 
 
Outstanding at November 2, 2019
   707,295   $14.48 
   
 
 
   
 
 
 
Summary of Options Outstanding
Set forth below is a summary of options outstanding at November 2, 2019:
 
Outstanding
   
Exercisable
 
Range of
Exercise prices
  
Number
of
Shares
   
Weighted-
Average
Exercise
Price
   
Weighted-
Average
Remaining
Contractual Life
   
Number
of
Shares
   
Weighted-
Average
Exercise
Price
   
Weighted
Average
Remaining
Contractual
Life
 
$
5.00
-
10.00
   55,881   $7.97    2.4    55,881   $7.97    2.4 
$
10.01
-
15.00
   414,814   $13.62    6.1    326,794   $13.64    5.6 
$
15.01
-
20.00
   236,600   $17.53    8.1    112,795   $17.08    7.8 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
    707,295   $14.48    6.5    495,470   $13.78    5.8 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Aggregated Information Regarding RSUs and RSAs Granted
Aggregated information regarding RSU, PSU and RSA activity for the nine months ended November 2, 2019 is summarized below:
 
   
RSUs, PSUs &

RSAs
   
Weighted Average
Grant Date Fair Value
 
Outstanding at January 31, 2019
   133,667   $13.99 
Granted
   113,522    20.16 
Vested
   (55,180)   16.62 
Forfeited
   (2,100)   19.45 
   
 
 
   
 
 
 
Outstanding at November 2, 2019
   189,909   $16.85