v3.26.1
Share-Based Payment (Tables)
 6 Months Ended
Aug. 01, 2026
Restricted Stock Units [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of RSUs and PSUs Award Activity

The following table summarizes the RSU awards activity for the twenty-six weeks ended August 1, 2026:

 

Number of RSUs

 

Weighted Average Grant Date Fair Value

 

Unvested units outstanding at January 31, 2026

 

580,411

 

$

18.61

 

Granted

 

473,208

 

$

12.20

 

Vested

 

(236,103

)

$

18.78

 

Forfeited

 

(66,307

)

$

15.97

 

Unvested units outstanding at August 1, 2026

 

751,210

 

$

14.58

 

 
Performance Stock Units [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of RSUs and PSUs Award Activity

The following table summarizes the PSU awards activity for the twenty-six weeks ended August 1, 2026:

 

Number of PSUs

 

Weighted Average Grant Date Fair Value

 

Unvested units outstanding at January 31, 2026

 

205,037

 

$

22.89

 

Granted

 

190,573

 

$

12.71

 

Forfeited

 

(33,651

)

$

19.22

 

Unvested units outstanding at August 1, 2026

 

361,959

 

$

17.95

 
Summary of Fair Value Assumptions

The fair value of the PSUs granted during the twenty-six weeks ended August 1, 2026 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:

Monte Carlo Simulation Assumptions

 

 

Risk Free Interest Rate

3.84%-3.93%

 

Expected Dividend Yield

 

—

 

Expected Volatility

49.89%-50.11%

 

Expected Term

2.75-2.82

 

 
Stock Options [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
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