STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jul. 29, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Company’s Stock-Based Compensation Expense

The following table summarizes the Company’s stock-based compensation expense (benefit):

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	July 29, 2023		July 30, 2022		July 29, 2023		July 30, 2022
	(in thousands)
Deferred Awards	$	1,690	$	2,171	$	4,190	$	5,596
Performance Awards (1)	(6,452)		4,101		(5,869)		8,238
Total stock-based compensation expense (benefit) (2)	$	(4,762)	$	6,272	$	(1,679)	$	13,834

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(1)Included within the Performance Awards benefit for the Second Quarter 2023 and Year-To-Date 2023 was a combination of ongoing expense associated with existing grants, and $6.7 million of credits resulting from (a) a change in estimate based on revised expectations of the attainment levels for performance metrics of certain awards, and (b) the reversal of unvested expense related to forfeited awards for employees no longer with the Company.

(2)Stock-based compensation expense (benefit) recorded within Cost of sales (exclusive of depreciation and amortization) amounted to $(0.5) million and $0.3 million in the Second Quarter 2023 and Second Quarter 2022, respectively, and $(0.1) million and $0.9 million in Year-To-Date 2023 and Year-To-Date 2022, respectively. All other stock-based compensation expense (benefit) is included in Selling, general, and administrative expenses.