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Share-Based Compensation (Tables)
3 Months Ended
Apr. 27, 2024
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense

Share-based compensation expense was recognized as follows:

 

 

Three Months Ended

 

(In thousands)

 

April 27,
2024

 

 

April 29,
2023

 

Stock Options

 

$

 

 

$

 

Restricted Stock Awards and Restricted Stock Units

 

 

319

 

 

 

352

 

Employee Stock Purchase Plan

 

 

6

 

 

 

4

 

Total

 

$

325

 

 

$

356

 

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the three months ended April 27, 2024 is summarized below:

 

 

Number of
Options

 

 

Weighted Average
Exercise Price

 

Outstanding at January 31, 2024

 

 

523,349

 

 

$

15.26

 

Granted

 

 

 

 

 

 

Exercised

 

 

(10,900

)

 

 

14.18

 

Forfeited

 

 

(7,700

)

 

 

14.20

 

Canceled

 

 

 

 

 

 

Outstanding at April 27, 2024

 

 

504,749

 

 

$

15.30

 

 

Summary of Options Outstanding

Set forth below is a summary of options outstanding at April 27, 2024:

 

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

 

$10.01-15.00

 

 

293,274

 

 

$

13.75

 

 

 

1.9

 

 

 

293,274

 

 

$

13.75

 

 

 

1.9

 

$15.01-20.00

 

 

211,475

 

 

$

17.44

 

 

 

3.6

 

 

 

211,475

 

 

$

17.44

 

 

 

3.6

 

 

 

504,749

 

 

$

15.30

 

 

 

2.6

 

 

 

504,749

 

 

$

15.30

 

 

 

2.6

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the three months ended April 27, 2024 is summarized below:

 

 

RSUs, PSUs & RSAs

 

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2024

 

 

300,705

 

 

$

12.90

 

Granted

 

 

26,387

 

 

 

17.85

 

Vested

 

 

(78,077

)

 

 

13.62

 

Forfeited

 

 

(4,001

)

 

 

12.81

 

Outstanding at April 27, 2024

 

 

245,014

 

 

$

13.20