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Stock-Based Compensation (Tables)
6 Months Ended
Jul. 28, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option transactions pursuant to the stock-based compensation plans
 
Number of
Shares
Weighted-
Average
Exercise Price
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic Value
(in thousands)
Outstanding at January 28, 2012
271,546 $ 9.48 1.51 $ 2,089
Grants
0
Forfeited or expired
0
Exercised
(154,587 ) 9.97
Outstanding and exercisable at July 28, 2012
116,959 $ 8.83 2.00 $ 1,574
Schedule of Options Exercised
 

(In thousands)
        Thirteen
Weeks Ended
July 28,
2012
    Thirteen
Weeks Ended
July 30,
2011
    Twenty-six
Weeks Ended
July 28,
2012
    Twenty-six
Weeks Ended
July 30,
2011
Total intrinsic value(1)
              $ 751           $ 307           $ 1,390          $ 365    
Total cash received
              $ 515           $ 297           $ 1,542          $ 348    
Associated excess income tax benefits recorded
              $ 80           $ 117           $ 433           $ 139    
 
(1)  
  Defined as the difference between the market value at exercise and the grant price of stock options exercised.
Schedule of Outstanding and exercisable options
 
    Options Outstanding and Exercisable
Range of
Exercise Price
    Number
of Options
Outstanding
    Weighted
Average
Remaining Life
    Weighted
Average
Exercise Price
$7.63 —  8.45
   
84,710
   
1.48
   
$ 8.30
$9.12 — 10.73
   
32,249
   
3.37
   
$10.21
 
Schedule of Stock-based compensation expense recognized for non-vested options

        Thirteen
Weeks Ended
July 28,
2012
    Thirteen
Weeks Ended
July 30,
2011
    Twenty-six
Weeks Ended
July 28,
2012
    Twenty-six
Weeks Ended
July 30,
2011
Stock-based compensation expense before the recognized income tax benefit
              $ 0           $ 8           $ 0           $ 17    
Income tax benefit(1)
              $ 0           $ 3           $ 0           $ 6    
 
(1)  
  Income tax benefit was calculated using an adjusted effective tax rate. The adjusted rate removes the tax effects from the favorable resolution of certain tax positions.
Schedule of Share transactions for Restricted stock awards
 
Number of
Shares
Weighted-
Average Grant
Date Fair
Value
Non-vested at January 28, 2012
277,145 $ 17.31
Granted
245,654 17.73
Vested
(2,250 ) 17.66
Forfeited or expired
(29,265 ) 15.81
Non-vested at July 28, 2012
491,284 $ 17.61
 
Schedule of Stock-based compensation expense recognized for Restricted stock awards
 

(In thousands)
        Thirteen
Weeks Ended
July 28,
2012
    Thirteen
Weeks Ended
July 30,
2011
    Twenty-six
Weeks Ended
July 28,
2012
    Twenty-six
Weeks Ended
July 30,
2011
Stock-based compensation expense before the recognized income tax benefit
              $ 2,108          $ 522           $ 2,718          $ 1,655   
Income tax benefit(1)
              $ 813           $ 200           $ 1,043          $ 632    
 
(1)  
  Income tax benefit was calculated using an adjusted effective tax rate. The adjusted rate removes the tax effects from the favorable resolution of certain tax positions.
Schedule of SAR Activity
 

        Number of
Shares
    Weighted-
Average
Exercise Price
    Weighted-
Average
Remaining
Contractual
Term (Years)
Outstanding at January 28, 2012
                 0           $ 0.00                   
Granted
                 135,375             17.17                   
Forfeited or expired
                 0              0.00                   
Exercised
                 0              0.00                  
Outstanding at July 28, 2012
                 135,375          $ 17.17               4.50   
Exercisable at July 28, 2012
                 0           $ 0.00             0.00   
 
Schedule of fair value estimation using a trinomial lattice model
 

 
        July 28, 2012
Risk free interest rate yield curve
           
0.07% – 0.65%
Expected dividend yield
           
1.0%
Expected volatility
           
59.66%
Maximum life
           
4.51 Years
Exercise multiple
           
1.19
Maximum payout
           
$6.67
Employee exit rate
           
2.2% – 9.0%
 
Schedule of Stock-based compensation expense recognized for SARs
 

(In thousands)
        Thirteen
Weeks Ended
July 28,
2012
    Thirteen
Weeks Ended
July 30,
2011
    Twenty-six
Weeks Ended
July 28,
2012
    Twenty-six
Weeks Ended
July 30,
2011
Stock-based compensation expense before the recognized income tax benefit
              $ 80           $ 60           $ 149           $ 132    
Income tax benefit(1)
              $ 31           $ 23           $ 57           $ 50    
 
(1)  
  Income tax benefit was calculated using an adjusted effective tax rate. The adjusted rate removes the tax effects from the favorable resolution of certain tax positions.
Schedule of Stock-based compensation expense recognized for the employee stock purchase plan
 

(In thousands)
        Thirteen
Weeks Ended
July 28,
2012
    Thirteen
Weeks Ended
July 30,
2011
    Twenty-six
Weeks Ended
July 28,
2012
    Twenty-six
Weeks Ended
July 30,
2011
Stock-based compensation expense before the recognized income tax benefit(1)
              $ 9           $ 7           $ 21           $ 19    
Income tax benefit(2)
              $ 3           $ 3           $ 8           $ 7    
 
(1)  
  Amounts are representative of the 15% discount employees are provided for purchases under the employee stock purchase plan.
 
(2)  
  Income tax benefit was calculated using an adjusted effective tax rate. The adjusted rate removes the tax effects from the favorable resolution of certain tax positions.