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Share-Based Compensation (Tables)
9 Months Ended
Oct. 31, 2025
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)

 

October 31,
2025

 

 

November 2,
2024

 

 

October 31,
2025

 

 

November 2,
2024

 

Stock Options

 

$

92

 

 

$

 

 

$

127

 

 

$

 

Restricted Stock Awards and Restricted Stock Units

 

 

568

 

 

 

344

 

 

 

1,270

 

 

 

1,133

 

Stock-Settled Performance Awards

 

 

94

 

 

 

 

 

 

137

 

 

 

 

Employee Stock Purchase Plan

 

 

 

 

 

9

 

 

 

25

 

 

 

26

 

Total

 

$

754

 

 

$

353

 

 

$

1,559

 

 

$

1,159

 

Schedule of Fair Value Of Stock Options Granted

The fair value of stock options granted during the nine months ended October 31, 2025 was estimated using the following assumptions:

 

 

 

 

Risk Free Rate

 

 

 

4.2

%

Expected Volatility

 

 

 

45.7

%

Expected Life (in years)

 

 

 

7.60

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the nine months ended October 31, 2025, is summarized below:

 

 

Number of
Options

 

 

Weighted Average
Exercise Price

 

Outstanding at January 31, 2025

 

 

421,699

 

 

$

15.52

 

Granted

 

 

30,000

 

 

 

11.10

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Canceled

 

 

(132,650

)

 

 

14.40

 

Outstanding at October 31, 2025

 

 

319,049

 

 

$

15.57

 

 

Summary of Options Outstanding

Below is a summary of options outstanding at October 31, 2025:

 

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

 

 

127,974

 

 

$

12.92

 

 

 

3.0

 

 

 

117,974

 

 

$

13.07

 

 

 

2.4

 

$15.01-20.00

 

 

191,075

 

 

$

17.35

 

 

 

1.3

 

 

 

191,075

 

 

$

17.35

 

 

 

1.3

 

 

 

319,049

 

 

$

15.57

 

 

 

2.0

 

 

 

309,049

 

 

$

15.72

 

 

 

1.8

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the nine months ended October 31, 2025, is summarized below:

 

 

RSUs, PSUs & RSAs

 

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2025

 

 

253,777

 

 

$

14.07

 

Granted

 

 

494,773

 

 

 

10.47

 

Vested

 

 

(110,807

)

 

 

12.50

 

Forfeited

 

 

(145,953

)

 

 

13.76

 

Outstanding at October 31, 2025

 

 

491,790

 

 

$

11.19