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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity

Stock option activity for the year ended January 28, 2017 was as follows:

 

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

Balance at January 30, 2016

     1,055,568      $ 14.51     

Options granted

     201,000        13.52     

Options exercised

     (35,000      4.93     

Options forfeited

     (30,000      19.12     
  

 

 

    

 

 

    

Balance at January 28, 2017

     1,191,568      $ 14.52        5.8  
  

 

 

    

 

 

    

 

 

 

Options Exercisable As of:

        

January 28, 2017

     827,709      $ 13.18        4.6  
  

 

 

    

 

 

    

 

 

 
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 2016, 2015 and 2014 and a summary of the methodology applied to develop each assumption are as follows:

 

     52 Weeks Ended
January 28,
2017
    52 Weeks Ended
January 30,
2016
    52 Weeks Ended
January 31,
2015
 

Expected price volatility

     48     47     53

Risk-free interest rate

     1.68     1.80     2.10

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 28, 2017, was as follows:

 

     Shares      Weighted Average
Grant Date
Fair Value
 

Non-vested at January 30, 2016

     225,885      $ 20.89  

Granted

     132,500        13.49  

Vested

     (96,751      19.01  

Forfeited

     (16,980      17.47  
  

 

 

    

 

 

 

Non-vested at January 28, 2017

     244,654      $ 19.25