XML 21 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCK-BASED COMPENSATION (Details) (USD $)
3 Months Ended 12 Months Ended
Jan. 28, 2012
y
Oct. 29, 2011
y
Jul. 30, 2011
y
Apr. 30, 2011
y
Jan. 28, 2012
y
Jan. 29, 2011
y
Jan. 30, 2010
Stock-based compensation expense by type:              
Total stock-based compensation expense         $ 5,453,000 $ 4,796,000 $ 4,157,000
Income tax benefit recognized         1,987,000 1,666,000 1,277,000
Stock-based compensation expense, net of income tax         3,466,000 3,130,000 2,880,000
Actual income tax benefit realized for the deductions considered on our income tax returns         4,500,000 500,000  
Fair value and valuation assumptions [Abstract]              
Exercise price (in dollars per share) $ 45.18 $ 33.90 $ 40.71 $ 35.81 $ 45.18    
Weighted average fair value at grant date (in dollars per share) $ 17.92 $ 13.86 $ 15.95 $ 14.52      
Expected life (in years) 4.75 4.75 4.67 4.67      
Expected volatility (in hundredths) 46.18% 47.60% 44.31%        
Expected volatility - minimum (in hundredths)       45.26%      
Expected volatility - maximum (in hundredths)       45.52%      
Risk-free interest rate (in hundredths) 0.78% 0.90% 1.61%        
Risk-free interest rate - minimum (in hundredths)       1.72%      
Risk-free interest rate - maximum (in hundredths)       2.07%      
Dividend yield (in hundredths) 0.00% 0.00% 0.00% 0.00%      
Stock option activity [Roll Forward]              
Exercised (in shares)         245,402    
Forfeited, cancelled or expired (in shares)         0    
Options outstanding at end of period (in shares) 421,196       421,196 631,041  
Exercisable at end of period (in shares) 392,821       392,821    
Weighted Average Exercise Price, Options exercised (in dollars per share) $ 19.97       $ 19.97    
Weighted Average Exercise Price, Options forfeited, cancelled or expired (in dollars per share)         $ 0.00    
Weighted Average Exercise Price, Options outstanding at end of period (in dollars per share)           $ 21.54  
Weighted Average Exercise Price, Options Exercisable at end of period (in dollars per share) $ 23.70       $ 23.70    
Weighted Average Remaining Contractual Term, Options outstanding at end of period (in years) 5.16       5.16 4.90  
Weighted Average Remaining Contractual Term, Options exercisable at end of period (in years)         5.16    
Aggregate Intrinsic Value, Options outstanding at end of period 9,837,000       9,837,000 6,933,000  
Aggregate Intrinsic Value, Options exercisable at end of period 9,311,000       9,311,000    
Intrinsic value of stock options exercised         5,300,000 11,300,000 1,300,000
Cash received from stock option exercises         4,900,000 9,100,000 800,000
Restricted Stock and Performance-Based Units              
Intrinsic value of vested RSUs         3,300,000    
Intrinsic value of nonvested RSUs 36,900,000       36,900,000 22,100,000 11,300,000
Director Deferred Compensation [Abstract]              
Total number of stock units deferred under plan (in shares)         1,561 0 0
Employee Stock Purchases [Abstract]              
Shares purchased         9,184 13,144 19,152
Average price per share         $ 29.76 $ 19.92 $ 14.34
Equity Incentive Plan [Member]
             
Stock-based compensation plans [Abstract]              
Authorized but unissued shares of common stock (in shares) 1,983,159       1,983,159    
Shares available for grant under the Plan (in shares) 911,626       911,626    
Employee Stock Purchase Plan [Member]
             
Stock-based compensation plans [Abstract]              
Authorized but unissued shares of common stock (in shares) 204,794       204,794    
Shares available for grant under the Plan (in shares) 92,915       92,915    
Percentage of quarterly closing price employees pay for shares (in hundredths)         85.00%    
Stock-based compensation expense by type:              
Total stock-based compensation expense         76,000 67,000 80,000
Fair value and valuation assumptions [Abstract]              
Weighted average fair value at grant date (in dollars per share)         $ 8.23 $ 5.19 $ 4.27
Expected life (in years)         0.25 0.25 0.25
Expected volatility - minimum (in hundredths)         43.60% 43.50% 47.50%
Expected volatility - maximum (in hundredths)         45.20% 46.60% 68.00%
Risk-free interest rate - minimum (in hundredths)         0.04% 0.05% 0.03%
Risk-free interest rate - maximum (in hundredths)         0.10% 0.15% 0.22%
Dividend yield (in hundredths)         0.00% 0.00% 0.00%
Director Deferred Compensation Plan [Member]
             
Stock-based compensation plans [Abstract]              
Authorized but unissued shares of common stock (in shares) 112,500       112,500    
Shares available for grant under the Plan (in shares) 61,147       61,147    
Stock-based compensation expense by type:              
Total stock-based compensation expense         60,000 0 0
Actual income tax benefit realized for the deductions considered on our income tax returns         22,000 0 0
Non-Employee Director Equity Plan [Member]
             
Stock-based compensation plans [Abstract]              
Authorized but unissued shares of common stock (in shares) 679,891       679,891    
Shares available for grant under the Plan (in shares) 510,165       510,165    
Stock Options [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         460,000 792,000 1,799,000
Income tax benefit recognized         200,000 200,000 400,000
Fair value and valuation assumptions [Abstract]              
Weighted average fair value at grant date (in dollars per share)         $ 12.95 $ 11.00 $ 9.48
Stock option activity [Roll Forward]              
Weighted Average Exercise Price, Options granted (in dollars per share) $ 32.21       $ 32.21    
Weighted Average Exercise Price, Options outstanding at end of period (in dollars per share) $ 23.35       $ 23.35    
Restricted stock unit activity [Roll Forward]              
Granted (in shares)         35,557    
RSUs [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         4,857,000 3,937,000 2,278,000
Income tax benefit recognized         1,800,000 1,400,000 900,000
Fair value and valuation assumptions [Abstract]              
Weighted average fair value at grant date (in dollars per share)         $ 31.31 $ 25.86 $ 18.06
Nonvested awards [Abstract]              
Unrecognized compensation cost related to nonvested awards 8,400,000       8,400,000    
Unrecognized compensation cost related to nonvested awards, recognition period (in years)         2.4    
Restricted stock unit activity [Roll Forward]              
Granted (in shares)         103,143 193,421 238,607
PSU Multiplier Earned (in shares)         0    
Vested         92,041    
Forfeited, cancelled or expired         14,940    
Restricted stock unit awards outstanding at January 29, 2011 457,322       457,322 461,160  
Weighted Average Grant Date Fair Value - Granted         $ 31.34    
Weighted Average Grant Date Fair Value - PSU Multiplier Earned         $ 0.00    
Weighted Average Grant Date Fair Value - Vested         $ 28.93    
Weighted Average Grant Date Fair Value - Forfeited, cancelled or expired $ 22.57       $ 22.57    
Weighted Average Grant Date Fair Value at January 28, 2012 $ 22.09       $ 22.09 $ 21.41  
PSUs [Member]
             
Restricted stock unit activity [Roll Forward]              
Granted (in shares)         53,000    
PSU Multiplier Earned (in shares)         40,335    
Vested         15,755    
Forfeited, cancelled or expired         0    
Restricted stock unit awards outstanding at January 29, 2011 295,850       295,850 218,270  
Weighted Average Grant Date Fair Value - Granted         $ 31.26    
Weighted Average Grant Date Fair Value - PSU Multiplier Earned         $ 24.89    
Weighted Average Grant Date Fair Value - Vested         $ 14.93    
Weighted Average Grant Date Fair Value - Forfeited, cancelled or expired $ 0.00       $ 0.00    
Weighted Average Grant Date Fair Value at January 28, 2012 $ 22.95       $ 22.95 $ 19.98  
Store operating, selling and administrative expenses [Member] | Employee Stock Purchase Plan [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         100,000 100,000 100,000
Store operating, selling and administrative expenses [Member] | Stock Options [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         400,000 800,000 1,800,000
Store operating, selling and administrative expenses [Member] | RSUs [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         4,900,000 3,900,000 2,300,000
Store operating, selling and administrative expenses [Member] | Deferred Stock Units [Member]
             
Stock-based compensation expense by type:              
Total stock-based compensation expense         $ 60,000 $ 0 $ 0