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CEO Search and Transition Costs
12 Months Ended
Jan. 30, 2021
Related Party Transactions [Abstract]  
CEO Search and Transition Costs

M. CEO SEARCH AND TRANSITION COSTS

 

In connection with the CEO transition, the Company incurred a total charge of approximately $2.4 million in fiscal 2018.  The $2.4 million charge related to amounts payable to Mr. Levin under his Transition Agreement, CEO search costs and the acceleration of stock-based compensation of approximately $0.5 million, related to Mr. Levin’s time-based equity awards. In fiscal 2019, the Company incurred additional charges of approximately $0.7 million for CEO search costs, Acting CEO consulting costs, AIP incentive accrual for Mr. Levin, housing allowance and legal fees.  There were no further charges incurred in fiscal 2020.