STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 03, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The compensation cost for these plans was as follows (in thousands):

	Fiscal Year Ended
	February 3, 2018			January 28, 2017			January 30, 2016
	(53 weeks)			(52 weeks)			(52 weeks)
Stock-based compensation expense by type:
Stock options		$	224		$	384		$	391
Restricted stock units			3,536			4,010			4,632
Employee stock purchases			96			104			105
Director deferred compensation			24			94			70
Total stock-based compensation expense			3,880			4,592			5,198
Income tax benefit recognized			1,363			1,655			1,895
Stock-based compensation expense, net of income tax		$	2,517		$	2,937		$	3,303

Employee Stock Purchases during the period

Our employee purchases of common stock and the average price per share through the ESPP were as follows:

Fiscal Year Ended	Shares Purchased		Average Price Per Share
February 3, 2018		23,555	$	16.36
January 28, 2017		14,890	$	28.48
January 30, 2016		12,251	$	33.40

Restricted Stock Unit Awards Activity

The following table summarizes the restricted stock unit awards activity under all of our plans during Fiscal 2018:

	RSUs					PSUs					Totals
	Number of Awards			Weighted Average Grant-Date Fair Value		Number of Awards			Weighted Average Grant-Date Fair Value		Number of Awards			Weighted Average Grant-Date Fair Value
Restricted stock unit awards outstanding at January 28, 2017		299,368		$	46.68		95,475		$	44.71		394,843		$	46.20
Granted		111,790			29.75		54,900			29.30		166,690			29.60
PSU adjustment (1)		-			-		(9,380	)		45.30		(9,380	)		45.30
Vested		(72,449	)		50.91		(8,625	)		54.73		(81,074	)		51.31
Forfeited, cancelled or expired		(25,098	)		41.27		-			-		(25,098	)		41.27
Restricted stock unit awards outstanding at February 3, 2018		313,611		$	40.10		132,370		$	37.55		445,981		$	39.34

(1) PSU adjustment represents the net RSUs awarded to our NEOs above and below their target grants resulting from the achievement of performance goals above or below the performance targets established at grant. One goal was achieved at 50% and another goal was achieved at 80% for all performance equity awards released in Fiscal 2018; therefore, the adjustment was negative.

Stock Option Activity

Activity for our option plans during Fiscal 2018 was as follows:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value ($000's)
Options outstanding at January 28, 2017		263,604		$	37.47		5.11	$	963
Granted		41,549			22.08
Exercised		(13,763	)		20.44
Forfeited, cancelled or expired		(3,240	)		26.89
Options outstanding at February 3, 2018		288,150		$	36.15		5.12	$	324

Exercisable at February 3, 2018		269,573		$	37.72		4.81	$	161

Employee Stock Purchase Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair value weighted average assumptions

The assumptions used in the option pricing model were as follows:

	Fiscal Year Ended
	February 3, 2018		January 28, 2017		January 30, 2016
Weighted average fair value at date of grant		$4.06		$6.98		$9.48
Expected life (years)		0.25		0.25		0.25
Expected volatility		30.2% - 36.2%		30.1% - 32.0%		32.0% - 36.2%
Risk-free interest rate		1.19% - 2.48%		0.37% - 0.68%		0.02% - 0.09%
Dividend yield	None		None		None

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair value weighted average assumptions

Following is the weighted average fair value of each option granted during Fiscal 2018. The fair value was estimated on the date of grant using the Black-Scholes pricing model with the following weighted average assumptions for each period:

	Quarter Ended
	April 29, 2017		October 28, 2017				February 3, 2018
Grant date	Mar 14		Sep 16		Sep 30		Dec 31
Exercise price		$29.75		$13.85		$14.25		$20.40
Weighted average fair value at date of grant		$8.47		$4.20		$4.09		$6.37
Expected option life (years)		4.46		4.46		3.98		3.98
Expected volatility		30.24%		33.27%		33.38%		36.18%
Risk-free interest rate		1.99%		1.73%		1.76%		2.08%
Dividend yield	None		None		None		None