v3.26.1
Share-Based Payment (Tables)
12 Months Ended
Jan. 31, 2026
Restricted Stock Units [Member]  
Summary of RSUs and PSUs Award Activity

The following table summarizes the RSUs award activity, for Fiscal Year 2025:

 

Number of RSUs

 

Weighted Average Grant Date Fair Value

 

Unvested units outstanding at February 1, 2025

 

479,888

 

$

23.66

 

Granted

 

474,748

 

$

15.84

 

Vested

 

(294,932

)

$

19.69

 

Forfeited

 

(79,293

)

$

24.78

 

Unvested units outstanding at January 31, 2026

 

580,411

 

$

18.61

 

Performance Stock Units [Member]  
Summary of Fair Value Assumptions

The fair value of the PSUs granted during the Fiscal Years 2025 and 2024 for which the performance is based on an Adjusted EBITDA goal was determined based on the market price of the Company’s shares on the date of the grant. Additionally, for those awards whose performance is based on a TSR growth goal, the fair value was estimated using a Monte Carlo simulation as of the grant date. These valuations were based on the assumptions noted below:

 

 

For the Fiscal Year Ended

Monte Carlo Simulation Assumptions

January 31, 2026

Risk Free Interest Rate

3.66%-3.68%

Expected Dividend Yield

Expected Volatility

45.85%-46.39%

Expected Term

2.75-2.81

Summary of RSUs and PSUs Award Activity

The following table summarizes the PSU awards activity for Fiscal Year 2025:

 

Number of PSUs

 

Weighted Average Grant Date Fair Value

 

Unvested units outstanding at February 1, 2025

 

167,743

 

$

36.56

 

Granted

 

106,858

 

$

12.10

 

Forfeited

 

(69,564

)

$

33.59

 

Unvested units outstanding at January 31, 2026

 

205,037

 

$

22.89

 

Stock Options [Member]  
Summary of Fair Value Assumptions

The fair value of the stock options as of February 7, 2025 was calculated using the Black-Scholes option-pricing model with the following assumptions:

 

Black Scholes Options Pricing Model

February 7, 2025

 

Risk Free Interest Rate

 

4.27

%

Expected Dividend Yield

 

1.0

%

Expected Volatility

 

45.90

%

Expected Term

 

1.59