The following table summarizes the share-based compensation expense recognized under all of the Company’s stock plans during the three and six months ended August 3, 2019 and August 4, 2018 (in thousands):



	Three Months Ended				Six Months Ended
	Aug 3, 2019		Aug 4, 2018		Aug 3, 2019		Aug 4, 2018
Stock options	$	697	$	672	$	1,287	$	1,367
Stock awards/units	4,205		3,292		8,020		6,462
Employee Stock Purchase Plan	84		67		147		160
Total share-based compensation expense	$	4,986	$	4,031	$	9,454	$	7,989

Unrecognized compensation cost related to nonvested stock options and nonvested stock awards/units totaled approximately $10.4 million and $23.8 million, respectively, as of August 3, 2019. This cost is expected to be recognized over a weighted average period of 1.8 years. The weighted average grant date fair value of stock options granted was $5.41 and $5.89 during the six months ended August 3, 2019 and August 4, 2018, respectively.

In connection with a new employment agreement entered into between the Company and Carlos Alberini (the “Alberini Employment Agreement”), who became the Company’s Chief Executive Officer on February 20, 2019, the Company granted Mr. Alberini 600,000 stock options and 250,000 nonvested stock units which are subject to the achievement of certain performance-based vesting conditions. Mr. Alberini was also granted 150,000 restricted stock units which are considered contingently returnable as a result of certain service conditions set forth in the Alberini Employment Agreement.

On June 20, 2019, the Company granted select key management 205,339 nonvested stock units which are subject to certain performance-based vesting conditions. On June 25, 2018, the Company granted select key management 619,578 nonvested stock units which are subject to certain performance-based vesting or market-based vesting conditions.

On March 29, 2019, the Company made an annual grant of 5,100 stock options and 280,700 nonvested stock awards/units to its employees. On March 30, 2018, the Company made an annual grant of 431,371 stock options and 490,528 nonvested stock awards/units to its employees.

The Company has granted certain nonvested stock units subject to performance-based vesting conditions to select executive officers. Each award of nonvested stock units generally has an initial vesting period from the date of the grant through either (i) the end of the first fiscal year or (ii) the first anniversary of the date of grant, followed by annual vesting periods which may range from two-to-three years.

The Company has also granted a target number of nonvested stock units to select key management, including certain executive officers. The number of shares that may ultimately vest with respect to each award may range from 0% up to 200% of the target number of shares, subject to the achievement of certain performance-based vesting conditions. Any shares that are ultimately issued are scheduled to vest at the end of the third fiscal year following the grant date.

The following table summarizes the activity for nonvested performance-based units during the six months ended August 3, 2019:



	Number of Units	Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	1,371,230	$	16.44
Granted	455,339	18.33
Vested	103,369	20.70
Forfeited	334,526	18.01
Nonvested at August 3, 2019	1,388,674	$	16.37

The Company has granted certain nonvested stock units subject to market-based vesting conditions to select executive officers. The number of shares that may ultimately vest will equal 0% to 150% of the target number of shares, subject to the performance of the Company’s total stockholder return (“TSR”) relative to the TSR of a select group of peer companies over a three-year period. Vesting is also subject to continued service requirements through the vesting date.

The following table summarizes the activity for nonvested market-based units during the six months ended August 3, 2019:



	Number of Units	Weighted Average Grant Date Fair Value
Nonvested at February 2, 2019	518,409	$	14.28
Granted¹	17,557	15.20
Vested¹	158,014	15.20
Forfeited	89,750	15.58
Nonvested at August 3, 2019	288,202	$	13.43