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Employee Benefit Plans (Tables)
12 Months Ended
Jan. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity

Stock option activity for the year ended January 30, 2016, was as follows:

 

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

Balance at January 31, 2015

     1,371,785       $ 12.40      

Options granted

     187,500         25.52      

Options exercised

     (475,450      10.66      

Options forfeited

     (28,267      19.97      
  

 

 

    

 

 

    

Balance at January 30, 2016

     1,055,568       $ 14.51         6.0   
  

 

 

    

 

 

    

 

 

 

Options Exercisable As of:

        

January 30, 2016

     724,049       $ 11.52         4.8   
  

 

 

    

 

 

    

 

 

 

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 averages for key assumptions used in determining the fair value of options granted in fiscal years 2015, 2014 and 2013 and a summary of the methodology applied to develop each assumption are as follows:

 

     52 Weeks Ended
January 30,
2016
    52 Weeks Ended
January 31,
2015
    52 Weeks Ended
February 1,

2014
 

Expected price volatility

     0.47        0.53        0.65   

Risk-free interest rate

     1.80     2.10     1.46

Expected life

     6.3 years        6.3 years        6.3 years   

Forfeiture rate

     5     5     5

Dividend yield

     0     0     0

RSU Activity

RSU activity for the year ended January 30, 2016, was as follows:

 

     Shares      Weighted Average
Grant Date
Fair Value
 

Non-vested at January 31, 2015

     231,500       $ 15.50   

Granted

     107,000         25.52   

Vested

     (105,864      13.71   

Forfeited

     (12,170      19.99   

Adjusted

     5,419         17.25   
  

 

 

    

 

 

 

Non-vested at January 30, 2016

     225,885       $ 20.89