Stock Compensation Plans (Tables)

12 Months Ended

Jan. 28, 2023

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Common Stock Shares Issued to Non-Employee Directors as Compensation

The following shares of common stock, with the respective fair value, were issued from the Non-Employee Director Compensation Plan to its non-employee directors as compensation for fiscal 2022, fiscal 2021 and fiscal 2020:

	Number of shares of common stock issued		Fair value of common stock issued
Fiscal 2022		73,024	$	359,208
Fiscal 2021		232,910	$	374,227
Fiscal 2020		187,897	$	75,065

Employee Stock Plan, 2006 Plan and 2016 Plan

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Stock Option Activity

The following tables summarize the stock option activity under the Company’s 2006 Plan and 2016 Plan, on an aggregate basis, for fiscal 2022:

	Number of Shares			Weighted-average exercise price per option		Weighted-average remaining contractual term	Aggregate intrinsic value (000's)
Stock Options
Outstanding options at beginning of year		4,621,550		$	0.90		$	16,067
Options granted		19,023			5.76			1
Options canceled or expired		(177,454	)		1.18			805
Options exercised (1)		(906,685	)		1.25			4,093
Outstanding options at end of year		3,556,434		$	0.83	7.4 yrs.	$	23,239
Options exercisable at end of year		1,088,454		$	1.23	6.6 yrs.	$	6,677
Vested and expected to vest at end of year		3,556,434		$	0.83	7.4 yrs.	$	23,239

(1)As a result of net share settlements, of the 906,685 shares underlying stock options that were exercised during fiscal 2022, only 681,459 shares of common stock were issued.

Employee Stock Plan, 2006 Plan, 2016 Plan and Inducement Awards

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Restricted Stock Activity

The following table summarizes activity for non-vested shares under the Company’s 2006 Plan, 2016 Plan and Inducement Awards, on an aggregate basis, for fiscal 2022:

	RSUs (1)			Deferred shares (2)		Performance share  units (3)		Fully-vest shares (4)			Total number of shares			Weighted-average grant-date fair value
Shares
Outstanding non-vested shares at beginning of year		515,291			435,568		240,000		—			1,190,859		$	1.57
Shares granted		612,693			—		—		30,417			643,110			5.28
Shares forfeited		(23,617	)		—		—		—			(23,617	)		3.89
Shares vested/issued		(584,359	)		—		—		(30,417	)		(614,776	)		3.53
Outstanding non-vested shares at end of year		520,008			435,568		240,000		—			1,195,576		$	2.51
Vested and expected to vest at end of year		520,008			435,568		—		—			955,576

(1)During fiscal 2022, the Company granted RSUs for the achievement of performance metrics under the 2019-2021 LTIP that were subject to additional vesting through August 31, 2022 and time-based RSUs under its 2022-2024 LTIP. See Note H, Long-Term Incentive Plans. As a result of net share settlements, of the 584,359 RSUs that vested, only 419,542 shares of common stock were issued.

(2)Represents compensation to certain directors, in lieu of cash, in accordance with their irrevocable elections. The outstanding deferred shares will be issued upon the director’s separation from service.

(3)Represents the remaining performance stock units (“PSUs”) granted to Mr. Kanter in February 2019. The 240,000 PSUs will vest when the trailing 90-day volume-weighted average closing stock price (“VWAP”) is $8.00. The PSUs will expire on April 1, 2023 if the $8.00 VWAP is not achieved by that date.

(4)Represents compensation, with a fair value of $141,732, to certain directors, who are required to receive shares, in lieu of cash, in order to satisfy their minimum equity ownership under the Non-Employee Director Plan. Voluntary shares received, in lieu of cash, are reported below under Non-Employee Director Compensation Plan.