EQUITY INCENTIVE PLANS (Tables)

12 Months Ended

Feb. 03, 2018

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

Schedule of company's stock-based compensation

The following represents total stock based compensation expense (a component of selling, general and administrative expenses) recognized in the consolidated financial statements (in thousands):

(in thousands)	2017		2016		2015
Continuing Operations
Stock option expense	$	649	$	796	$	248
Restricted stock expense		3,294		6,732		1,765
ESPP expense		676		232		234
Subtotal stock-based compensation		4,619		7,760		2,247
Other stock based compensation expense (1)		1,015		1,015		-
Total stock-based compensation	$	5,634	$	8,775	$	2,247
Income tax benefit on stock-based compensation	$	1,216	$	2,331	$	590
Discontinued Operations
Stock option expense	$	221	$	143	$	3
Restricted stock expense		44		66		12
ESPP expense		-		-		-
Total stock-based compensation		265		209		15
Income tax benefit on stock-based compensation	$	28	$	34	$	4
Total stock-based compensation	$	5,899	$	8,984	$	2,262
Total income tax benefit on stock-based compensation	$	1,244	$	2,365	$	594

¹ Stock based compensation expense earned in fiscal year 2016, grants issued in fiscal year 2017 related to the retirement of the Company's former CEO, Jerry Shore.

Schedule of stock option weighted average assumptions

The fair value of each option granted is estimated on the date of grant using the BSM with the following weighted average assumptions:

Continuing Operations
Stock Options	2017			2016			2015
Expected volatility		42.3	%		33.7	%		30.6	%
Risk-free interest rate		2.1	%		1.6	%		1.8	%
Expected option life (in years)		5.84			5.84			5.84
Expected dividend yield		1.7	%		1.8	%		1.7	%
Weighted average fair value at grant date	$	3.91		$	3.57		$	4.32

Discontinued Operations
Stock Options	2017			2016			2015
Expected volatility		43.1	%		33.4	%		30.1	%
Risk-free interest rate		2.2	%		1.6	%		2.0	%
Expected option life (in years)		5.84			5.84			5.84
Expected dividend yield		1.9	%		1.8	%		1.7	%
Weighted average fair value at grant date	$	4.89		$	3.92		$	4.97

Employee Stock Purchase Plan	2017			2016			2015
Expected volatility		80.6	%		57.0	%		30.9	%
Risk-free interest rate		1.0	%		0.9	%		0.3	%
Expected option life (in years)		0.63			0.63			0.63
Expected dividend yield		1.0	%		1.0	%		1.0	%
Weighted average fair value at grant date	$	7.14		$	3.88		$	4.02

Schedule of stock option activity

The following table summarizes stock option activity from January 31, 2015 through February 3, 2018:

Continuing Operations	Options			Weighted- Average Exercise Price		Weighted- Averaged Contractual Life (years)		Aggregate Intrinsic Value (000s)
Outstanding at January 31, 2015		946,553		$	13.56		3.4	$	2,954
Granted		422,107			16.32
Forfeited / Cancelled		(328,568	)		14.37
Exercised		(202,733	)		10.48
Outstanding at January 30, 2016		837,359		$	15.37		4.5	$	1,371
Granted		1,107,256			12.82
Forfeited / Cancelled		(476,434	)		15.26
Exercised		(14,900	)		13.82
Outstanding at January 28, 2017		1,453,281		$	13.48		6.0	$	1,947
Granted		233,312			11.00
Forfeited / Cancelled		(514,768	)		13.16
Exercised		-			-
Outstanding at February 3, 2018		1,171,825		$	13.12		5.1	$	-
Exercisable at February 3, 2018		360,098		$	14.43		4.1	$	-

Discontiued Operations	Options			Weighted- Average Exercise Price		Weighted- Averaged Contractual Life (years)		Aggregate Intrinsic Value (000s)
Outstanding at January 31, 2015		-		$	-		0	$	-
Granted		2,500			19.04
Forfeited / Cancelled		-			-
Exercised		-			-
Outstanding at January 30, 2016		2,500		$	19.04		6.5	$	-
Granted		151,875			14.11
Forfeited / Cancelled		-			-
Exercised		-			-
Outstanding at January 28, 2017		154,375		$	14.19		6.4	$	124
Granted		25,000			13.52
Forfeited / Cancelled		(12,000	)		12.34
Exercised		-			-
Outstanding at February 3, 2018		167,375		$	14.23		5.4	$	-
Exercisable at February 3, 2018		31,374		$	14.27		4.9	$	-

Schedule of other information relative to option activity

Other information relative to option activity during 2017, 2016 and 2015 is as follows:

(dollars in thousands)	2017		2016		2015
Continuing Operations
Total fair value of stock options vested	$	1,185	$	361	$	318
Total pretax intrinsic value of stock options exercised	$	-	$	85	$	1,333
Discontinued Operations
Total fair value of stock options vested	$	121	$	3	$	-
Total pretax intrinsic value of stock options exercised	$	-	$	-	$	-

Schedule of stock options outstanding and exercisable

The following table summarizes information about stock options outstanding at February 3, 2018:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Shares		Weighted- Averaged Contractual Life (years)		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price
Continuing Operations
$ 4.57 - $12.55		482,108		5.6	$	10.28		91,991	$	10.72
$12.61 - $14.68		409,451		5.1	$	14.31		95,232	$	14.26
$14.74 - $19.64		280,266		4.3	$	16.27		172,875	$	16.50
		1,171,825						360,098
Discontinued Operations
$ 9.99 - $14.66		57,681		5.7	$	12.19		7,736	$	10.98
$14.68 - $15.06		36,303		5.1	$	14.77		8,460	$	14.76
$15.44 - $19.04		73,391		5.3	$	15.56		15,178	$	15.68
		167,375						31,374

Schedule of restricted stock activity

The following table summarizes restricted stock from January 31, 2015 through February 3, 2018:

Continuing Operations	Shares			Weighted- Average Grant Date Fair Value
Non-vested Restricted Stock at January 31, 2015		557,521		$	14.72
Granted		121,009			17.38
Forfeited / Cancelled		(103,759	)		14.13
Vested		(70,798	)		14.07
Non-vested Restricted Stock at January 30, 2016		503,973		$	15.55
Granted		195,856			13.28
Forfeited / Cancelled		(40,188	)		14.35
Vested		(77,515	)		14.65
Non-vested Restricted Stock at January 28, 2017		582,126		$	15.01
Granted		490,802			7.73
Forfeited / Cancelled		(90,933	)		11.96
Vested		(328,100	)		14.64
Non-vested Restricted Stock at February 3, 2018		653,895		$	10.14

Discontinued Operations	Shares			Weighted- Average Grant Date Fair Value
Non-vested Restricted Stock at January 31, 2015		-		$	-
Granted		10,000			19.07
Forfeited / Cancelled		-			-
Vested		-			-
Non-vested Restricted Stock at January 30, 2016		10,000		$	19.07
Granted		11,658			15.44
Forfeited / Cancelled		-			-
Vested		-			-
Non-vested Restricted Stock at January 28, 2017		21,658		$	17.12
Granted		2,333			14.89
Forfeited / Cancelled		(10,000	)		19.07
Vested		(2,797	)		15.35
Non-vested Restricted Stock at February 3, 2018		11,194		$	15.35