v3.25.1
Share-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2025
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense

Share-based compensation expense was recognized as follows:

 

 

Three Months Ended

 

(In thousands)

 

April 30,
2025

 

 

April 27,
2024

 

Stock Options

 

$

 

 

$

 

Restricted Stock Awards and Restricted Stock Units

 

 

281

 

 

 

319

 

Employee Stock Purchase Plan

 

 

25

 

 

 

6

 

Total

 

$

306

 

 

$

325

 

Aggregated Information Regarding Stock Option Activity

Aggregated information regarding stock option activity for the three months ended April 30, 2025, is summarized below:

 

 

Number of
Options

 

 

Weighted Average
Exercise Price

 

Outstanding at January 31, 2025

 

 

421,699

 

 

$

15.52

 

Granted

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Canceled

 

 

(60,150

)

 

 

13.95

 

Outstanding at April 30, 2025

 

 

361,549

 

 

$

15.78

 

Summary of Options Outstanding

Set forth below is a summary of options outstanding at April 30, 2025:

 

Outstanding

 

 

Exercisable

 

Range of
Exercise prices

 

Number
of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual Life

 

 

Number
of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual Life

 

$10.01-15.00

 

 

155,074

 

 

$

13.61

 

 

 

1.2

 

 

 

155,074

 

 

$

13.61

 

 

 

1.2

 

$15.01-20.00

 

 

206,475

 

 

$

17.42

 

 

 

2.4

 

 

 

206,475

 

 

$

17.42

 

 

 

2.4

 

 

 

361,549

 

 

$

15.78

 

 

 

1.9

 

 

 

361,549

 

 

$

15.78

 

 

 

1.9

 

 

Aggregated Information Regarding RSU, PSU and RSA Activity

Aggregated information regarding RSU, PSU and RSA activity for the three months ended April 30, 2025, is summarized below:

 

 

RSUs, PSUs & RSAs

 

 

Weighted Average
Grant Date Fair Value

 

Outstanding at January 31, 2025

 

 

253,777

 

 

$

14.07

 

Granted

 

 

133,773

 

 

 

8.23

 

Vested

 

 

(65,550

)

 

 

13.30

 

Forfeited

 

 

(65,238

)

 

 

14.12

 

Outstanding at April 30, 2025

 

 

256,762

 

 

$

11.21