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Employee Benefit Plans (Tables)
12 Months Ended
Feb. 01, 2014
Compensation And Retirement Disclosure [Abstract]  
Stock Option Activity

Stock option activity for the year ended February 1, 2014, was as follows:

 

     Number of
Options
    Weighted
Average
Exercise Price
     Weighted Average
Remaining Contractual
Term (in years)
 

Balance at February 2, 2013

     1,417,906      $ 11.07      

Options granted

     200,000        15.79      

Options exercised

     (317,114     11.08      

Options forfeited

     (15,000     13.43      
  

 

 

   

 

 

    

Balance at February 1, 2014

     1,285,792      $ 11.77         6.3   
  

 

 

   

 

 

    

 

 

 

Options Exercisable As of:

       

February 1, 2014

     890,802      $ 10.71         5.4   
  

 

 

   

 

 

    

 

 

 

Weighted Average for Key Assumptions Used in Determining the Fair Value of Options Granted and a Summary of the Methodology Applied to Develop Each Assumption

The weighted average for key assumptions used in determining the fair value of options granted in fiscal years 2013, 2012 and 2011 and a summary of the methodology applied to develop each assumption are as follows:

 

     52 Weeks Ended     53 Weeks Ended     52 Weeks Ended  
     February 1,
2014
    February 2,
2013
    January 28,
2012
 

Expected price volatility

     0.65        0.56        0.65   

Risk-free interest rate

     1.46     0.77     2.1

Expected life

     6.3 years        6.3 years        6.3 years   

Forfeiture rate

     5     5     5

Dividend yield

     0     0     0
RSU Activity in Each of the Periods

RSU activity in each of the periods indicated was as follows:

 

     Shares     Weighted Average
Grant Date
Fair Value
 

Non-vested at February 2, 2013

     247,000      $ 14.22   

Granted

     104,000        15.79   

Vested

     (111,000     17.30   

Forfeited

     (4,000     15.70   
  

 

 

   

 

 

 

Non-vested at February 1, 2014

     236,000      $ 13.44