Stock-Based Compensation Stock-Based Compensation (Notes)

3 Months Ended

Aug. 01, 2020

Share-based Payment Arrangement [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 12. Stock-Based Compensation

We recognize compensation expense for awards ratably over the requisite service period of the award, which is generally three years. We recognize compensation expense based on the number of awards expected to vest using an estimated average forfeiture rate. We calculate the fair value of stock-based awards based on the closing price on the date the award was granted for those awards with only service or performance conditions. For those awards with market conditions, we have determined the grant date fair value using the Monte Carlo simulation model.

During the 13 weeks ended August 1, 2020, no awards were granted under the Equity Incentive Plan. We recognized stock-based compensation expense for equity-based awards in selling and administrative expenses as follows:

	13 weeks ended
	August 1, 2020		July 27, 2019
Restricted stock expense	$	30	$	30
Restricted stock units expense	1,359		1,990
Performance shares expense	—		12
Performance share units expense	132		289
Stock-based compensation expense	$	1,521	$	2,321

Total unrecognized compensation cost related to unvested awards as of August 1, 2020 was $4,884 and is expected to be recognized over a weighted-average period of 1.5 years.