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Share-Based Compensation Plans (Tables)
12 Months Ended
Nov. 03, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of weighted average assumptions
The weighted average assumptions used to estimate the fair value of stock options for fiscal 2018 were as follows:
 
Fiscal Year Ended
 
October 28,
2018
Weighted-average fair value of stock option granted
$1.75
Expected volatility
40.0%
Expected term (in years)
6.00
Risk-free interest rate
2.73%
Expected dividend yield
0.0%
Schedule of share-based payment award activity
The following tables summarize the activities related to the Company’s share-based equity and liability awards for the fiscal year ended November 3, 2019:
Stock Options
Number of
shares
 
Weighted
average
exercise price
 
Weighted average
contractual life
(in years)
 
Aggregate
Intrinsic
Value
(in thousands)
Outstanding at October 29, 2017
2,499,922

 
$
6.32

 
8.20

 
$
6,051

Granted
133,181

 
$
4.10

 

 
$

Forfeited
(1,033,063
)
 
$
7.16

 

 
$

Outstanding at October 28, 2018
1,600,040

 
$
5.25

 
7.27

 
$

     Exercised
(200,000
)
 
$
4.35

 

 
$

Forfeited
(335,972
)
 
$
5.42

 

 
$

     Expired
(460,584
)
 
$
5.36

 

 
$

Outstanding at November 3, 2019
603,484

 
$
6.28

 
6.81

 
$

Unvested at November 3, 2019
108,695

 
$

 

 
$

Exercisable at November 3, 2019
494,789

 
$
6.75

 
6.55

 
$



 
Number of
 
Weighted Average
Performance Share Units
Shares
Grant Date Fair Value
Outstanding at October 29, 2017

 
$

     Granted
276,396

 
$
3.38

Outstanding at October 28, 2018
276,396

 
$
3.38

     Granted (a) (b)
377,833

 
$
4.05

     Forfeited
(179,981
)
 
$
3.61

     Vested
(97,262
)
 
$
3.82

Outstanding at November 3, 2019
376,986

 
$
3.90

(a) Includes the incremental issuance of shares related to the Fiscal 2018 PSU grant.
(b) Includes the incremental shares for the first tranche of the fiscal 2019 PSU grant based on attainment of the fiscal 2019 EBITDA margin percentage goal. These shares will be issued upon vesting.

 
Number of
 
Weighted Average
Restricted Stock Units
Shares
Grant Date Fair Value
Outstanding at October 29, 2017
338,966

 
$
5.20

     Granted
491,138

 
$
3.23

     Forfeited
(40,769
)
 
$
4.62

     Vested
(206,504
)
 
$
5.33

Outstanding at October 28, 2018
582,831

 
$
3.53

     Granted
516,968

 
$
4.11

     Forfeited
(236,035
)
 
$
3.73

     Vested
(196,682
)
 
$
3.75

Outstanding at November 3, 2019
667,082

 
$
3.86