Stock Based Compensation

6 Months Ended

Aug. 02, 2014

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

(12) Stock-Based Compensation

Under the terms of the restricted stock unit agreements, twenty-five percent of the outstanding restricted stock units vested on the effective date of the registration statement relating to the initial public offering because such date occurred within the first vesting period of the outstanding restricted stock units. The Company recognized $1,208 of stock-based compensation expense as a result of the change in the vesting date. The remaining non-vested restricted stock units will vest one third annually on each of the first three anniversaries of the effective date of the registration statement relating to the initial public offering.

The following table sets forth the rollforward of outstanding restricted stock units:

	26 Weeks Ended
	August 2, 2014

Unvested restricted stock units at February 1, 2014		1,193,747
Forfeiture		8,037
Vesting in connection with initial public offering		297,401
Unvested restricted stock units at August 2, 2014		888,309

Total compensation expense related to the restricted stock unit awards recognized during the 13 weeks ended August 2, 2014 and August 3, 2013 was $524 and $0, respectively. Total compensation expense recognized during the 26 weeks ended August 2, 2014 and August 3, 2013 was $2,258 and $0, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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