Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 756

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 8F
Chunk 756
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 Grants

        1,219

        6.34

        Forfeitures

        (449
        )

        10.22

        Vested

        (433
        )

        10.07

        Balance at February 3, 2024

        1,058

        $
        7.13

       As of February 1, 2025, and February 3, 2024, the weighted average grant date fair value of the outstanding shares was $4.01 and $7.13, respectively.

(14) Employee Stock Purchase PlanIn June 2015, the Company’s stockholders approved the Sportsman’s Warehouse Holdings, Inc. Employee Stock Purchase Plan (“ESPP”), which provides for the granting of up to 1,600 shares of the Company’s common stock to eligible employees. The ESPP period is semi-annual and allows participants to purchase the Company’s stock at 85% of the lower of (i) the market value per share of the common stock on the first day of the offering period or (ii) the market value per share of the common stock on the purchase date. The first plan period began on January 1, 2016. Stock-based compensation expense related to the ESPP in fiscal year 2024, 2023, and 2022 was $92, $214, and $240, respectively. During fiscal year 2024 157 shares were issued under the ESPP and, as of February 1, 2025, the number of shares available for issuance was 771.

82

(15) Income Taxes For the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023, the income tax provision consisted of the following:  

        February 1,

        February 3,

        January 28,

        2025

        2024

        2023

        Current:

        Federal
         
        $
        21

        $
        203

        $
        6,853

        State

        328

        643

        2,737

        Total current

        349

        846

        9,590

        Deferred:

        Federal

        (809
        )

        (8,251
        )

        3,602

        State

        2,390

        (1,804
        )