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Stock-Based Compensation (Tables)
9 Months Ended
Nov. 02, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted-average assumptions used to estimate the fair value of options granted
The following weighted-average assumptions were used to estimate the fair value of options granted during the periods indicated using the Black-Scholes option-pricing model:
 
13 Weeks Ended
 
39 Weeks Ended
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
Dividend Yield
%
 
%
 
%
 
%
Expected Volatility
40.73
%
 
46.47
%
 
40.89
%
 
48.58
%
Risk-Free Interest Rate
1.00
%
 
0.47
%
 
0.63
%
 
0.48
%
Expected Life of Options (in Years)
3.3

 
3.3

 
3.3

 
3.3

Company's stock option activities
The following table summarizes the Company’s stock option activities with respect to its Plans for the 39 weeks ended November 2, 2013 (aggregate intrinsic value in thousands):
Options
Number of
Shares
 
Weighted-
Average
Exercise
Price Per
Share
 
Weighted-
Average
Remaining
Contractual Life
(in years)
 
Aggregate
Intrinsic
Value
Outstanding at February 2, 2013
1,564,167

 
$
4.29

 
 
 
 
Granted
180,000

 
$
3.78

 
 
 
 
Exercised
(210,528
)
 
$
3.55

 
 
 
 
Canceled
(656,171
)
 
$
4.90

 
 
 
 
Outstanding at November 2, 2013
877,468

 
$
3.92

 
3.17
 
$
70

Vested and expected to vest in the future at November 2, 2013
817,397

 
$
3.93

 
3.10
 
$
64

Exercisable at November 2, 2013
540,856

 
$
4.01

 
2.73
 
$
39

Stock options outstanding
Options vested and expected to vest in the future is comprised of all options outstanding at November 2, 2013, net of estimated forfeitures. Additional information regarding stock options outstanding as of November 2, 2013, is as follows:
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
Number
Outstanding
as of
November 2, 2013
 
Weighted-
Average
Remaining
Contractual Life
(in years)
 
Weighted-
Average
Exercise
Price Per
Share
 
Number
Exercisable
as of
November 2, 2013
 
Weighted-
Average
Exercise
Price Per
Share
$ 2.66 - $  4.15
618,468

 
3.26
 
$
3.49

 
368,526

 
$
3.51

$ 4.19 -  $ 6.82
256,000

 
2.97
 
$
4.88

 
169,330

 
$
4.98

$ 10.95 -   $ 10.95
3,000

 
0.09
 
$
10.95

 
3,000

 
$
10.95

$ 2.66 - $ 10.95
877,468

 
3.17
 
$
3.92

 
540,856

 
$
4.01

Company's nonvested restricted common stock and performance shares
The following table summarizes activity with respect to the Company’s restricted common stock, restricted stock units, performance share awards and performance stock units during the 39 weeks ended November 2, 2013:
Restricted Common Stock, Restricted Stock Units, Performance Share Awards, and Performance Stock Units
Number of Shares
 
Weighted-Average Grant-Date Fair Value
Nonvested at February 2, 2013
644,492

 
$
2.89

Granted
929,388

 
$
3.19

Vested
(115,119
)
 
$
3.14

Forfeited
(56,992
)
 
$
3.11

Nonvested at November 2, 2013
1,401,769

 
$
3.06

Summary of stock-based compensation
The following tables summarize stock-based compensation recorded in the condensed consolidated statements of operations (in thousands):
 
13 Weeks Ended
 
39 Weeks Ended
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
Stock options
$
89

 
$
175

 
$
211

 
$
1,055

Restricted and performance stock awards and units
278

 
430

 
1,001

 
1,541

Stock-based compensation
$
367

 
$
605

 
$
1,212

 
$
2,596

 
 
13 Weeks Ended
 
39 Weeks Ended
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
Cost of sales
$
117

 
$
86

 
$
239

 
$
221

Selling, general, and administrative expenses
250

 
519

 
973

 
2,375

Stock-based compensation
$
367

 
$
605

 
$
1,212

 
$
2,596