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Share-Based Compensation (Tables)
6 Months Ended
Jul. 29, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense

Share-based compensation expense was recognized as follows:

 

 

Three Months Ended

 

Six Months Ended

 

(In thousands)

 

July 29,
2023

 

July 30,
2022

 

 

July 29,
2023

 

 

July 30,
2022

 

Stock Options

$

 

$

1

 

$

 

$

7

 

Restricted Stock Awards and Restricted Stock Units

 

391

 

 

234

 

 

743

 

 

562

 

Employee Stock Purchase Plan

 

7

 

 

 

 

11

 

 

3

 

Total

$

398

 

$

235

 

$

754

 

$

572

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the six months ended July 29, 2023 is summarized below:

 

 

 

Number of
Options

 

Weighted Average
Exercise Price

 

Outstanding at January 31, 2023

 

 

547,199

 

$

15.16

 

Granted

 

 

 

 

 

Exercised

 

 

(6,700)

 

 

10.57

 

Forfeited

 

 

(5,825)

 

 

15.53

 

Canceled

 

 

(4,225)

 

 

10.50

 

Outstanding at July 29, 2023

 

 

530,449

 

$

15.25

 

Summary of Options Outstanding

Set forth below is a summary of options outstanding at July 29, 2023:

 

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

 

 

 

 

$

 

 

 

 

 

 

 

 

$

 

 

 

 

$10.01-15.00

 

318,174

$

13.78

 

 

2.5

 

318,174

$

13.78

 

2.5

 

$15.01-20.00

212,275

$

17.44

4.3

212,275

$

17.44

4.3

 

 

 

530,449

 

 

$

15.25

 

 

 

3.2

 

 

 

530,449

 

 

$

15.25

 

 

 

3.2

 

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the six months ended July 29, 2023 is summarized below:

 

 

 

RSUs, PSUs & RSAs

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2023

 

 

274,927

 

$

12.82

 

Granted

 

 

147,327

 

 

12.57

 

Vested

 

 

(104,505)

 

 

12.10

 

Forfeited

 

 

(4,677)

 

 

12.49

 

Outstanding at July 29, 2023

 

 

313,072

 

$

12.95