Stock-Based Compensation (Tables)

9 Months Ended

Oct. 30, 2021

Summary of Restricted Stock Awards Transactions

The following table summarizes transactions for our restricted stock and other stock awards:

	Number of Shares			Weighted- Average Grant Date Fair Value
Outstanding at January 30, 2021		0		$	0.00
Granted		8,702			32.79
Vested		(802	)		33.04
Forfeited or expired		0			0.00
Outstanding at October 30, 2021		7,900		$	32.76

Summary of SARs Activity

The following table summarizes the SARs activity:

	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)
Outstanding at January 30, 2021		88,400		$	7.61
Granted		93,800			30.94
Forfeited or expired		(5,800	)		30.94
Exercised		(88,400	)		7.61
Outstanding at October 30, 2021		88,000		$	30.94		2.4

Schedule of SARs Assumptions

The fair value was estimated using a trinomial lattice model with the following assumptions:

	October 30, 2021		October 31, 2020
Risk free interest rate yield curve	0.06% - 1.18%		0.08% - 0.38%
Expected dividend yield	0.8%		1.2%
Expected volatility	63.29%		64.09%
Maximum life	2.4 Years		1.9 Years
Exercise multiple		1.03		1.29
Maximum payout	$	5.00	$	5.00
Employee exit rate	2.2% - 9.0%		2.2% - 9.0%

Restricted Stock Units and Performance Stock Units [Member]

Summary of Stock Compensation Expense

The following table summarizes information regarding stock-based compensation expense recognized for all share-settled equity awards (restricted stock units, performance stock units and restricted stock and other stock awards):

(In thousands)	Thirteen Weeks Ended October 30, 2021			Thirteen Weeks Ended October 31, 2020			Thirty-nine Weeks Ended October 30, 2021			Thirty-nine Weeks Ended October 31, 2020
Stock-based compensation expense before the    recognized income tax effect	$	1,356		$	797		$	3,876		$	2,667
Income tax effect at statutory rate	$	(337	)	$	(213	)	$	(975	)	$	(613	)
Additional income tax (benefit)/expense on vesting of awards	$	(107	)	$	3		$	(992	)	$	81

Stock Appreciation Rights (SARs) [Member]

Summary of Stock Compensation Expense

The following table summarizes information regarding stock-based compensation expense recognized for SARs:

(In thousands)	Thirteen Weeks Ended October 30, 2021			Thirteen Weeks Ended October 31, 2020			Thirty-nine Weeks Ended October 30, 2021			Thirty-nine Weeks Ended October 31, 2020
Stock-based compensation expense before the    recognized income tax effect	$	71		$	183		$	220		$	187
Income tax effect at statutory rate	$	(18	)	$	(49	)	$	(55	)	$	(43	)

Restricted Stock Units and Performance Stock Units [Member]

Summary of Restricted Stock Awards Transactions

The following table summarizes transactions for our restricted stock units and performance stock units:

	Number of Shares			Weighted- Average Grant Date Fair Value
Outstanding at January 30, 2021		513,016		$	11.07
Granted		215,972			28.21
Vested		(238,964	)		15.50
Forfeited		(34,486	)		16.17
Outstanding at October 30, 2021		455,538		$	16.48