Stock-Based Compensation (Tables)

9 Months Ended

Nov. 03, 2018

Stock-based compensation expense by type

The table below segregates all financial assets that are measured at fair value on a recurring basis (at least annually) into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value as of November 3, 2018 and February 3, 2018 (in thousands):

	November 3, 2018						February 3, 2018
	Level I		Level II		Level III		Level I		Level II		Level III
Short-term investments	$	161	$	-	$	-	$	463	$	-	$	-
Long-term investments		2,595		-		-		2,418		-		-
Total investments	$	2,756	$	-	$	-	$	2,881	$	-	$	-

The compensation costs that have been charged against income for the thirteen weeks and thirty-nine weeks ended November 3, 2018 and October 28, 2017 were as follows (in thousands):

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	November 3, 2018		October 28, 2017		November 3, 2018		October 28, 2017
Stock-based compensation expense by type:
Stock options	$	8	$	8	$	185	$	181
Restricted stock units		702		796		3,074		2,905
Employee stock purchases		24		19		81		75
Director deferred compensation		24		6		71		18
Total stock-based compensation expense		758		829		3,411		3,179
Income tax benefit recognized		172		305		762		1,151
Stock-based compensation expense, net of income tax	$	586	$	524	$	2,649	$	2,028

Equity awards granted during the period

In the thirteen weeks and thirty-nine weeks ended November 3, 2018 and October 28, 2017, we granted the following equity awards:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	November 3, 2018		October 28, 2017		November 3, 2018		October 28, 2017
Stock options		-		18,577		19,994		38,949
Restricted stock unit awards		-		-		169,572		108,429
Performance-based restricted stock unit awards		-		-		44,700		54,900
Deferred stock units		1,247		417		3,249		904

Employee Stock Purchases during the period

The number of shares purchased, the average price per share and the weighted-average grant date fair value of shares purchased through our employee stock purchase plan were as follows:

	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
	November 3, 2018		October 28, 2017		November 3, 2018		October 28, 2017
Shares purchased		6,029		6,239		18,360		16,984
Average price per share	$	15.98	$	12.11	$	17.56	$	18.00
Weighted average fair value at grant date	$	5.10	$	4.52	$	4.97	$	4.43