Share-Based Compensation (Tables)

6 Months Ended

Aug. 02, 2014

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Share-Based Compensation Expense

Share-based compensation expense was recognized as follows:

	Three Months Ended				Six Months Ended
	August 2, 2014		August 3, 2013		August 2, 2014		August 3, 2013
(In thousands)
Stock Options	$	61	$	45	$	115	$	92
Restricted Stock Awards and Restricted Stock Units		67		68		144		181
Total	$	128	$	113	$	259	$	273

Fair Value of Stock Options Granted

The fair value of stock options granted during the six months ended August 2, 2014 and August 3, 2013 was estimated using the following assumptions:

	Six Months Ended
	August 2, 2014			August 3, 2013
Risk Free Interest Rate		1.6	%		0.8	%
Expected Volatility		26.8	%		38.3	%
Expected Life (in years)		5.0			5.0
Dividend Yield		2.0	%		2.6	%

Aggregated Information Regarding Stock Options Granted

Aggregated information regarding stock options granted under the Plan for the six months ended August 2, 2014 is summarized below:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in Years)		Aggregate Intrinsic Value
Outstanding at January 31, 2014		736,647		$	8.63		4.7	$	3,707,000
Granted		150,600			14.00
Exercised		(183,143	)		8.55
Expired or canceled		(10,787	)		9.07
Outstanding at August 2, 2014		693,317		$	9.81		6.1	$	2,423,000
Exercisable at August 2, 2014		442,243		$	8.64		4.4	$	1,975,000

Aggregated Information Regarding RSUs and RSAs Granted

Aggregated information regarding RSUs and RSAs granted under the Plan for the six months ended August 2, 2014 is summarized below:

	RSAs & RSUs			Weighted Average Grant Date Fair Value
Unvested at January 31, 2014		106,496		$	9.12
Granted		7,245			13.80
Vested		(23,162	)		9.21
Forfeited		(5,834	)		10.07
Unvested at August 2, 2014		84,745		$	9.43