XML 48 R31.htm IDEA: XBRL DOCUMENT
v3.20.1

Stock Compensation Plans (Tables) | 12 Months Ended
--- | ---
Feb. 01, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Common Stock Shares Issued to Non-Employee Directors as Compensation | The following shares of common stock, with the respective fair value, were issued to its non-employee directors as compensation for fiscal 2019, fiscal 2018 and fiscal 2017:
|  | Number of shares of common stock issued |  |  | Fair value of common stock issued |
Fiscal 2019 |  |  | 37,113 |  |  | $ | 69,991 |
Fiscal 2018 |  |  | 48,896 |  |  | $ | 107,605 |
Fiscal 2017 |  |  | 42,450 |  |  | $ | 96,856 |
Employee Stock Plan, 2006 Plan and 2016 Plan |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Stock Option Activity | The following tables summarize the stock option activity under the Company’s 2006 Plan and 2016 Plan, on an aggregate basis, for fiscal 2019:
|  | Number of Shares |  |  | Weighted-average exercise price per option |  |  | Weighted-average remaining contractual term |  | Aggregate intrinsic value |
Stock Options |  |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding options at beginning of year |  |  | 957,400 |  |  | $ | 4.50 |  |  |  |  | $ | 16,878 |
Options granted |  |  | — |  |  |  | — |  |  |  |  |  | — |
Options canceled or expired |  |  | (202,567 | ) |  | $ | 3.23 |  |  |  |  |  | — |
Options exercised |  |  | — |  |  |  | — |  |  |  |  |  | — |
Outstanding options at end of year |  |  | 754,833 |  |  | $ | 4.84 |  |  | 2.6 years |  |  | — |
Options exercisable at end of year |  |  | 749,833 |  |  | $ | 4.86 |  |  | 2.5 years |  |  | — |
Vested and expected to vest at end of year |  |  | 754,833 |  |  | $ | 4.84 |  |  | 2.6 years |  |  | — |
Summary of Restricted Stock Activity | The following table summarizes activity for non-vested shares under the Company’s 2006 Plan, 2016 Plan and Inducement Awards, on an aggregate basis, for fiscal 2019:
|  | Restricted shares |  |  | RSUs (1) |  |  | Deferred shares (2) |  |  | Fully-vested shares (3) |  |  | Performance Share Units (4) |  |  | Total number of shares |  |  | Weighted-average grant-date fair value |
Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding non-vested shares at beginning of year |  |  | 30,000 |  |  |  | 1,372,628 |  |  |  | 204,040 |  |  |  | — |  |  |  | — |  |  |  | 1,606,668 |  |  | $ | 2.93 |
Shares granted |  |  | — |  |  |  | 1,400,480 |  |  |  | 104,727 |  |  |  | 159,070 |  |  |  | 720,000 |  |  |  | 2,384,277 |  |  | $ | 1.73 |
Shares vested/issued |  |  | (10,000 | ) |  |  | (977,439 | ) |  |  | (13,163 | ) |  |  | (159,070 | ) |  |  | — |  |  |  | (1,159,672 | ) |  | $ | 2.87 |
Shares canceled |  |  | (20,000 | ) |  |  | (374,866 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (394,866 | ) |  | $ | 1.89 |
Outstanding non-vested shares at end of year |  |  | — |  |  |  | 1,420,803 |  |  |  | 295,604 |  |  |  | — |  |  |  | 720,000 |  |  |  | 2,436,407 |  |  | $ | 1.95 |
Vested and expected to vest at end of year |  |  | — |  |  |  | 1,420,803 |  |  |  | 295,604 |  |  |  | — |  |  |  | — |  |  |  | 1,716,407 |  |  |  |  |
(1) | During fiscal 2019, the Company granted 150,299 RSUs in connection with the partial achievement of performance targets under the 2017-2018 LTIP, see Note H, Long-Term Incentives Plans. In addition, the Company granted 464,358 time-based RSUs as new hire awards. The remainder of the RSUs granted related to time-based awards granted under the Company’s LTIPs. As a result of net share settlement, of the 977,439 RSUs which vested during fiscal 2019, only 866,418 shares of common stock were issued.
(2) | The 104,727 shares of deferred stock, with a grant-date fair value of approximately $197,504, represent compensation to certain directors in lieu of cash, in accordance with their irrevocable elections. The shares of deferred stock vest three years from the date of grant or at separation of service, based on the irrevocable election of each director.
(3) | The 159,070 shares of stock, with a grant-date fair value of approximately $299,987 to certain directors as compensation in lieu of cash, in accordance with their irrevocable elections. Directors are required to elect 50% of their quarterly retainer in equity. Any shares in excess of the minimum required election are issued from the Fourth Amended and Restated Non-Employee Director Stock Purchase Plan (the “Non-Employee Director Compensation Plan”).
(4) | On February 19, 2019, the Company granted 720,000 shares of performance stock units (“PSUs”), with a fair value of $1.0 million, to Mr. Kanter. The PSUs vest in installments when the following milestones are met: one-third of the PSUs vest when the trailing 90-day volume-weighted average closing stock price (“VWAP”) is $4.00, one-third of the PSUs vest when the VWAP is $6.00 and one-third when the VWAP is $8.00. All PSUs will expire on April 1, 2023 if no performance metric is achieved. The $1.0 million is being expensed over the respective derived service periods of each tranche of 16 months, 25 months and 30 months, respectively. The respective grant-date fair value and derived service periods assigned to the PSUs were determined using a Monte Carlo model based on: the Company’s historical volatility of 55.9%, a term of 4.1 years, stock price on the date of grant of $2.50 per share, a risk-free rate of 2.5% and a cost of equity of 9.5%.

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock awards granted to nonemployee directors that were outstanding at the beginning and end of the year, and the number of awards that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationNonemployeeDirectorStockAwardPlanActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PlanNameAxis=dxlg_EmployeeStockPlanTwentyZeroSixAndTwentyOneSixPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |