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Weighted Average Life (Years) | October 29, 2011 | January 29, 2011 | ||||||||||||||||
Gross Carrying Amount | Accumulated Amortization | Gross Carrying Amount | Accumulated Amortization | |||||||||||||||
Finite-lived intangible assets: | ||||||||||||||||||
Extended NBC trademark license agreement | 1.0 | $ | 4,166,000 | $ | (1,910,000 | ) | $ | — | $ | — | ||||||||
NBC trademark license agreement | 10.5 | $ | 34,437,000 | $ | 34,437,000 | $ | 34,437,000 | $ | (33,509,000 | ) | ||||||||
Indefinite-lived intangible assets: | ||||||||||||||||||
FCC broadcast license | $ | 23,111,000 | $ | 23,111,000 |
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October 29, 2011 | January 29, 2011 | |||||||
Series B Preferred Stock | $ | — | $ | 40,854,000 | ||||
Unamortized debt discount on Series B Preferred Stock | — | (26,255,000 | ) | |||||
Series B Preferred Stock, carrying value | $ | — | $ | 14,599,000 | ||||
Long-Term Payable | $ | — | $ | 4,894,000 |
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Fiscal 2011 | Fiscal 2010 | ||
Expected volatility | 88-93% | 80-88% | |
Expected term (in years) | 6 years | 6 years | |
Risk-free interest rate | 1.7% — 2.7% | 1.9% — 3.3% |
2011 Incentive Stock Option Plan | Weighted Average Exercise Price | 2004 Incentive Stock Option Plan | Weighted Average Exercise Price | 2001 Incentive Stock Option Plan | Weighted Average Exercise Price | Other Non- Qualified Stock Options | Weighted Average Exercise Price | ||||||||||||||||||||
Balance outstanding, January 29, 2011 | — | $ | — | 2,374,000 | $ | 5.72 | 1,746,000 | $ | 5.97 | 525,000 | 3.58 | ||||||||||||||||
Granted | 100,000 | $ | 2.63 | 280,000 | $ | 7.53 | — | $ | — | 150,000 | 6.44 | ||||||||||||||||
Exercised | — | $ | — | (268,000 | ) | $ | 4.31 | (195,000 | ) | $ | 2.67 | (8,000 | ) | 2.02 | |||||||||||||
Forfeited or canceled | — | $ | — | (29,000 | ) | $ | 10.14 | (225,000 | ) | $ | 9.32 | — | — | ||||||||||||||
Balance outstanding, October 29, 2011 | 100,000 | $ | 2.63 | 2,357,000 | $ | 6.04 | 1,326,000 | $ | 5.89 | 667,000 | 4.24 | ||||||||||||||||
Options exercisable at October 29, 2011 | — | $ | — | 1,715,000 | $ | 6.50 | 1,077,000 | $ | 6.35 | 143,000 | 3.39 |
Option Type | Options Outstanding | Weighted Average Exercise Price | Weighted Average Remaining Contractual Life (Years) | Aggregate Intrinsic Value | Vested or Expected to Vest | Weighted Average Exercise Price | Weighted Average Remaining Contractual Life (Years) | Aggregate Intrinsic Value | ||||||||||||||||||
2011 Incentive: | 100,000 | $ | 2.63 | 10.0 | $ | 97,000 | 90,000 | $ | 2.63 | 10.0 | $ | 87,000 | ||||||||||||||
2004 Incentive: | 2,357,000 | $ | 6.04 | 6.9 | $ | 1,252,000 | 2,293,000 | $ | 6.08 | 6.9 | $ | 1,210,000 | ||||||||||||||
2001 Incentive: | 1,326,000 | $ | 5.89 | 6.7 | $ | 732,000 | 1,300,000 | $ | 5.94 | 6.6 | $ | 706,000 | ||||||||||||||
Non-Qualified: | 667,000 | $ | 4.24 | 8.8 | $ | 172,000 | 614,000 | $ | 4.23 | 8.8 | $ | 160,000 |
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Shares | Weighted Average Grant Date Fair Value | ||||||
Non-vested outstanding, January 29, 2011 | 40,000 | $ | 1.90 | ||||
Granted | 572,000 | $ | 6.46 | ||||
Vested | (42,000 | ) | $ | 2.17 | |||
Forfeited | (21,000 | ) | $ | 6.36 | |||
Non-vested outstanding, October 29, 2011 | 549,000 | $ | 6.46 |
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Three-Month Periods Ended | Nine-Month Periods Ended | |||||||||||||||
October 29, 2011 | October 30, 2010 | October 29, 2011 | October 30, 2010 | |||||||||||||
Jewelry & Watches | $ | 62,141 | $ | 64,672 | $ | 198,172 | $ | 196,084 | ||||||||
Home & Electronics | 35,724 | 36,632 | 110,559 | 106,625 | ||||||||||||
Beauty, Health & Fitness | 17,047 | 12,424 | 46,674 | 30,951 | ||||||||||||
Fashion (apparel, outerwear & accessories) | 10,464 | 8,428 | 23,851 | 21,018 | ||||||||||||
All other | 9,811 | 10,127 | 31,601 | 28,759 | ||||||||||||
Total | $ | 135,187 | $ | 132,283 | $ | 410,857 | $ | 383,437 |
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