XML 28 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation
9 Months Ended
Nov. 01, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation

Note 5 — Stock-Based Compensation

The Company maintains equity incentive plans under which it may grant non-qualified stock options, incentive stock options, restricted stock, restricted stock units, or stock appreciation rights to employees, non-employee directors and consultants.

The Company granted 182,500 stock options and 97,000 restricted stock units during the 39-week period ended November 1, 2014. This compares to 200,000 stock options and 104,000 restricted stock units granted in the 39-week period ended November 2, 2013. Total stock-based compensation expense (a component of compensation and benefits) was $670,000 for the 13-week period ended November 1, 2014, and $2.1 million for the 39-week period ended November 1, 2014, compared to $720,000 and $2.1 million, respectively, for the comparable prior year periods. Compensation expense is recognized on a straight-line basis over the vesting periods of each grant. There have been no material changes in the assumptions used to compute compensation expense during the current quarter.