Stock-Based Awards (Tables)

3 Months Ended

Apr. 25, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense and Related Tax Benefit Recognized

Stock-based compensation expense and the related tax benefit recognized during the three months ended April 25, 2020 and April 27, 2019 were as follows (dollars in thousands):

	For the Three Months Ended
	April 25, 2020		April 27, 2019
Stock-based compensation	$	2,322	$	3,479
Income tax effect of stock-based compensation	$	573	$	869

Schedule of Share-based Compensation, Stock Options Award Activity

The following table summarizes stock option award activity during the three months ended April 25, 2020:

	Stock Options
	Shares	Weighted Average Exercise Price
Outstanding as of January 25, 2020	577,309	$	36.85
Granted	63,304	$	25.15
Options exercised	(15,425)	$	15.72
Canceled	—	$	—
Outstanding as of April 25, 2020	625,188	$	36.19
Exercisable options as of April 25, 2020	499,332	$	33.28

Schedule of Share-based Compensation, RSU and Performance RSU Activity

The following table summarizes RSU and Performance RSU award activity during the three months ended April 25, 2020:

	Restricted Stock
	RSUs			Performance RSUs
	Share Units	Weighted Average Grant Date Fair Value		Share Units	Weighted Average Grant Date Fair Value
Outstanding as of January 25, 2020	174,917	$	65.05	639,738	$	62.60
Granted	510,211	$	25.20	65,538	$	25.15
Share units vested	(33,791)	$	63.61	(12,315)	$	64.27
Forfeited or canceled	(3,498)	$	63.37	(218,317)	$	64.13
Outstanding as of April 25, 2020	647,839	$	33.75	474,644	$	56.68