XML 29 R22.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Basis of Presentation (Tables) | 6 Months Ended
--- | ---
Aug. 03, 2024
Accounting Policies [Abstract] |
Other Comprehensive Income (Loss) and Reclassifications from AOCI | For the first three and six months of fiscal 2023, other comprehensive income and reclassifications from AOCI was as follows:
in thousands |  | For the three months ended July 29, 2023 |  |  | For the six months ended July 29, 2023 |
Balance at beginning of fiscal year |  | $ | (4,879 | ) |  | $ | (4,928 | )
Other comprehensive income before reclassifications, net of taxes |  |  | 23 |  |  |  | 29 |
Recognition of loss on retirement plan termination, net of taxes (1) |  |  | 3,080 |  |  |  | 3,080 |
Amounts reclassified from accumulated other comprehensive income, net of taxes (2) |  |  | 25 |  |  |  | 68 |
Other comprehensive income for the period |  |  | 3,128 |  |  |  | 3,177 |
Balance at end of quarter |  | $ | (1,751 | ) |  | $ | (1,751 | )
(1) In connection with the Company's decision to terminate its pension plan, during the second quarter of fiscal 2023 the Company completed a partial settlement and accordingly recognized a pro-rated portion of AOCI in the amount of $4.2 million, or $3.1 million net of taxes. (2) Includes the amortization of the unrecognized loss on retirement plans, which was charged to “Selling, General and Administrative” Expense on the Consolidated Statements of Operations for the three and six months ended July 29, 2023. The Company recognized expense of $34,000, or $25,000 net of taxes, for the three months ended July 29, 2023 and expense of $92,000, or $68,000 net of taxes, for the six months ended July 29, 2023.
Valuation Assumptions for Stock Options | For the first six months of fiscal 2023, the fair value of each stock option grant was estimated on the date of grant using the Black-Scholes option-pricing model based on the assumptions in the table below as it relates to stock options granted.
|  | July 29, 2023 |
Expected volatility |  | 86.3% - 92.1% |
Risk-free interest rate |  | 3.71%-4.42% |
Expected term |  | 2.5 yrs. |
Dividend rate |  |  | — |
Weighted average fair value of options granted |  | $ | 3.24 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration