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Stock Compensation Plans (Tables)
12 Months Ended
Nov. 02, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Transactions Involving Outstanding Stock Options and Non-Vested Restricted Stock and Restricted Stock Unit Awards Under 2006 Plan
The following table summarizes transactions involving outstanding stock options and non-vested restricted stock and restricted stock unit awards (stock awards) under the 2006 plan:
 
Stock Options
 
Restricted Stock
2006 Plan
Number of
shares
 
Weighted
average
exercise
price
 
Weighted
average
contractual
life
 
Aggregate
Intrinsic
Value
 
Number of
shares
 
Weighted
average
grant date
fair value
 
 
 
 
 
(in years)
 
(in thousands)
 
 
 
 
Outstanding - October 30, 2011
715,017

 
$7.51
 
7.31

 
$
232

 

 
$

Granted

 

 

 

 

 

Expired
(27,800
)
 
6.39

 

 

 

 

Forfeited
(149,267
)
 
11.25

 

 

 

 

Outstanding - October 28, 2012
537,950

 
6.53

 
6.43

 
314

 

 

Granted

 

 

 

 
110,000

 
7.16

Expired
(28,700
)
 
6.39

 

 

 

 

Forfeited
(25,100
)
 
7.22

 

 

 

 

Vested

 

 

 

 
(36,666
)
 
6.25

Outstanding - November 3, 2013
484,150

 
6.50

 
5.42

 
1,041

 
73,334

 
7.61

Granted
340,000

 
12.59

 
6.67

 

 
15,000

 
9.24

Expired
(34,600
)
 
6.39

 

 

 

 

Forfeited
(25,400
)
 
6.39

 

 

 

 

Vested

 

 

 

 
(65,000
)
 
7.97

Outstanding - November 2, 2014
764,150

 
$
9.22

 
5.43

 
$
776

 
23,334

 
$
7.68

Unvested at November 2, 2014
2,000

 
$
10.56

 
6.53

 
$

 
23,334

 
$
7.68

Vested and unexercisable at November 2, 2014
340,000

 
$
12.59

 
6.67

 
$

 

 
$

Exercisable at November 2, 2014
422,150

 
$
6.50

 
4.43

 
$
776

 
 
 
 
Summary of Transactions Involving Outstanding Stock Options Under 1995 Plan
The following table summarizes transactions involving outstanding stock options under the 1995 plan:
1995 Plan
Number of
shares
 
Weighted
average
exercise price
 
Weighted
average
contractual life
 
Aggregate
Intrinsic
Value
 
 
 
 
 
(in years)
 
(in thousands)
Outstanding - October 30, 2011
28,650

 
$
12.21

 
1.39

 
$

Exercised

 

 

 

Expired
(10,950
)
 
10.42

 

 

Outstanding - October 28, 2012
17,700

 
13.31

 
1.01

 

Exercised

 

 

 

Expired
(10,200
)
 
9.27

 

 

Outstanding - November 3, 2013
7,500

 
18.81

 
0.76

 

Exercised

 

 

 

Expired
(7,500
)
 
18.81

 

 

Outstanding - November 2, 2014

 

 

 

 
 
 
 
 
 
 
 
Vested and exercisable at November 2, 2014

 
$

 

 
$

Summary of Estimated Fair Value of Stock Options
The assumptions used to estimate the fair value stock options were as follows for the 2014 fiscal year:
 
November 2,
2014
Weighted-average fair value of stock option granted
$
3.21

Expected volatility
48.0
%
Expected term (in years)
7

Risk-free interest rate
2.25
%
Expected dividend yield
0.0
%
Summary of Share Based Compensation Expense Recognized in Selling, Administrative and Other Operating Costs in Consolidated Statements of Operations
 
November 2,
2014
Weighted-average fair value of stock option granted
$
3.21

Expected volatility
48.0
%
Expected term (in years)
7

Risk-free interest rate
2.25
%
Expected dividend yield
0.0
%


Share based compensation expense was recognized in Selling, Administrative and Other Operating Costs in the Company’s Consolidated Statements of Operations as follows (in thousands):
 
Year ended
 
November 2,
2014
 
November 3,
2013
 
October 28,
2012
2006 Stock Incentive Plan
 
 
 
 
 
Selling, administrative and other operating costs
$
1,198

 
$
416

 
$
127

Total
$
1,198

 
$
416

 
$
127