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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 03, 2024

SHARE-BASED COMPENSATION

Share-based payment arrangement, compensation expense by plan


($ thousands)		2023			2022			2021
Expense for share-based compensation plans, net of forfeitures:
Restricted stock		$	12,579		$	10,974		$	7,308
Stock performance awards			1,183			5,190			3,904
Restricted stock units			1,042			1,147			1,085
Total share-based compensation expense		$	14,804		$	17,311		$	12,297

Share-based payment arrangement, restricted stock and restricted stock unit, activity


		Number of
		Nonvested		Weighted-
		Restricted		Average Grant
		Shares		Date Fair Value
Nonvested at January 30, 2021		1,397,227		$	16.74
Granted		616,442			19.40
Vested		(540,647)			26.39
Forfeited		(82,625)			15.37
Nonvested at January 29, 2022		1,390,397			14.24
Granted		848,678			21.76
Vested		(525,399)			12.87
Forfeited		(109,716)			15.67
Nonvested at January 28, 2023		1,603,960			18.57
Granted		603,121			23.13
Vested		(513,238)			13.73
Forfeited		(181,422)			19.15
Nonvested at February 3, 2024		1,512,421		$	21.96

Share-based Payment Arrangement, Performance Shares, Outstanding Activity


		Number of Nonvested		Number of Nonvested
		Performance Share		Performance Share
		Awards at Target		Awards at Maximum		Weighted-Average
		Level		Level		Grant Date Fair Value
Nonvested at January 30, 2021		385,750		771,500		$	23.33
Granted		160,500		321,000			13.05
Vested		(148,000)		(296,000)			31.84
Forfeited		(7,500)		(15,000)			11.19
Nonvested at January 29, 2022		390,750		781,500			16.12
Granted		77,750		155,500			21.00
Vested		(172,500)		(345,000)			23.50
Forfeited		(15,000)		(30,000)			14.24
Nonvested at January 28, 2023		281,000		562,000			13.64
Granted		276,434		276,434			23.12
Vested		(273,918)		(547,836)			13.64
Forfeited		(14,868)		(21,950)			18.65
Nonvested at February 3, 2024		268,648		268,648		$	23.12

Share-based Payment Arrangement, Restricted Stock Unit, Activity


										Nonvested
		Outstanding						Accrued⁽³⁾		RSUs
										Weighted-
		Number of		Number of		Total		Total		Average
		Vested		Nonvested		Number of		Number of		Grant Date
		RSUs		RSUs		RSUs⁽²⁾		RSUs		Fair Value
January 28, 2023		455,683		42,444		498,127		483,978		$	23.49
Granted⁽¹⁾		4,460		47,035		51,495		35,983			19.41
Vested		37,144		(37,144)		—		12,215			27.67
Settled		(17,017)		—		(17,017)		(17,017)			18.38
February 3, 2024		480,270		52,335		532,605		515,159		$	16.85

(1)	Granted RSUs include 4,959 RSUs resulting from dividend equivalents paid on outstanding RSUs, of which 4,460 related to outstanding vested RSUs and 499 to outstanding nonvested RSUs.

(2)	Total number of RSUs as of February 3, 2024 includes 394,032 RSUs payable in shares and 138,573 RSUs payable in cash.

(3)	Accrued RSUs include all fully vested awards and a pro-rata portion of nonvested awards based on the elapsed portion of the vesting period.

Restricted Stock Units Granted, Vested and Settles


($ thousands, except per unit amounts)		2023			2022			2021
Weighted-average grant date fair value of RSUs granted⁽¹⁾		$	19.92		$	27.09		$	26.88
Fair value of RSUs vested		$	1,186		$	998		$	2,370
RSUs settled			17,017			114,242			—

(1)	Includes dividend equivalents granted on outstanding RSUs, which vest immediately.

Restricted Stock Unit Compensation Expense


($ thousands)		2023			2022			2021
Compensation expense		$	579		$	335		$	907
Income tax benefit			(149)			(86)			(233)
Compensation expense, net of tax		$	430		$	249		$	674