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Stock Compensation Plans (Tables)

12 Months Ended

Jan. 30, 2021

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 to its non-employee directors as compensation for fiscal 2020, fiscal 2019 and fiscal 2018:

	Number of shares of common stock issued		Fair value of common stock issued
Fiscal 2020		187,897	$	75,065
Fiscal 2019		37,113	$	69,991
Fiscal 2018		48,896	$	107,605

Employee Stock Plan, 2006 Plan and 2016 Plan

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

Stock Option Activity

	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		754,833		$	4.84			—
Options granted		3,185,542		$	0.55		$	2
Options canceled or expired		(292,794	)	$	4.85			—
Options exercised		—			—			—

Outstanding options at end of year		3,647,581		$	1.09	8.5 years	$	811
Options exercisable at end of year		462,039		$	4.83	2.7 years		—
Vested and expected to vest at end of year		3,647,581		$	1.09	8.5 years	$	811

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 2020:

	RSUs			Deferred shares ⁽¹⁾			Fully-vested shares ⁽²⁾			Performance Share Units ⁽³⁾		Total number of shares			Weighted-average grant-date fair value
Shares
Outstanding non-vested shares at beginning of year		1,420,803			295,604			—			720,000		2,436,407		$	1.95
Shares granted		—			253,864			469,088			—		722,952		$	0.42
Shares vested/issued		(588,068	)		(113,900	)		(469,088	)		—		(1,171,056	)	$	1.45
Shares canceled		(17,443	)		—			—			—		(17,443	)	$	2.11
Outstanding non-vested shares at end of year		815,292			435,568			—			720,000		1,970,860		$	1.69
Vested and expected to vest at end of year		815,292			435,568			—			—		1,970,860

(1)	The 253,864 shares of deferred stock, with a grant-date fair value of approximately $111,870, represent compensation to certain directors in lieu of cash, in accordance with their irrevocable elections. The shares of deferred stock will vest at the director’s separation of service.

(2)

The 469,088 shares of stock, with a grant-date fair value of approximately $194,994 were granted to certain directors as compensation in lieu of cash, in accordance with their irrevocable elections. During fiscal 2020, directors were required to elect 50% of their quarterly retainer in equity. Any shares in excess of the minimum required election were issued from the Fourth Amended and Restated Non-Employee Director Stock Purchase Plan (the “Non-Employee Director Compensation Plan”).

(3)

Represents shares of performance stock units (“PSUs”), with a fair value of $1.0 million granted to Mr. Kanter. The PSUs vest in installments when the following milestones are met: one-third of the PSUs vest when the trailing 90-day volume-weighted average closing stock price (“VWAP”) is $4.00, one-third of the PSUs vest when the VWAP is $6.00 and one-third when the VWAP is $8.00. All PSUs will expire on April 1, 2023 if no performance metric is achieved.