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Share-Based Compensation (Tables)
9 Months Ended
Nov. 02, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activity
Below is a summary of stock option activity for the thirty-nine weeks ended November 2, 2013:

Stock Options
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at February 2, 2013
569,400

 
$
65.40

 
 
 
 
Granted

 

 
 
 
 
Exercised
(7,500
)
 
28.24

 
 
 
 
Forfeited or expired
(23,800
)
 
76.01

 
 
 
 
Outstanding at November 2, 2013
538,100

 
$
65.44

 
$
1,048,700

 
3.5

Stock options exercisable at November 2, 2013
538,100

 
$
65.44

 
$
1,048,700

 
3.5

Stock options expected to become exercisable in the future as of November 2, 2013

 

 

 

Schedule of Weighted-Average Estimated Fair Value and Assumptions of Stock Appreciation Rights
The weighted-average estimated fair value of stock appreciation rights granted during the thirty-nine week periods ended November 2, 2013 and October 27, 2012, and the weighted-average assumptions used in calculating such fair value, on the date of grant, were as follows:
 
Thirty-Nine Weeks Ended
 
Chairman and Chief Executive
Officer
 
Other Executive Officers
 
All Other Associates
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
 
November 2, 2013
 
October 27, 2012
Grant date market price

 
$

 
$
46.57

 
$
52.89

 
$
45.46

 
$
52.02

Exercise price

 
$

 
$
46.57

 
$
52.89

 
$
45.46

 
$
52.02

Fair value

 
$

 
$
20.34

 
$
23.53

 
$
16.82

 
$
22.21

Assumptions:
 
Price volatility

 
%
 
61
%
 
56
%
 
54
%
 
59
%
Expected term (years)

 

 
4.7

 
5.0

 
4.1

 
4.1

Risk-free interest rate

 
%
 
0.7
%
 
1.3
%
 
0.6
%
 
0.9
%
Dividend yield

 
%
 
1.8
%
 
1.1
%
 
1.8
%
 
1.1
%
Schedule of Stock Appreciation Rights Activity
Below is a summary of stock appreciation rights activity for the thirty-nine weeks ended November 2, 2013:
 
Stock Appreciation Rights
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at February 2, 2013
9,246,859

 
$
40.17

 
 
 
 
Granted:
 
 
 
 
 
 
 
Chairman and Chief Executive Officer

 

 
 
 
 
Other Executive Officers
189,700

 
46.57

 
 
 
 
All Other Associates
105,500

 
45.46

 
 
 
 
Exercised
(510,875
)
 
31.99

 
 
 
 
Forfeited or expired
(33,600
)
 
49.97

 
 
 
 
Outstanding at November 2, 2013
8,997,584

 
$
40.80

 
$
34,277,453

 
3.7
Stock appreciation rights exercisable at November 2, 2013
2,991,261

 
$
46.03

 
$
3,696,298

 
4.4
Stock appreciation rights expected to become exercisable in the future as of November 2, 2013
5,957,158

 
$
38.11

 
$
30,578,924

 
3.4
Schedule of Restricted Stock Unit Activity
Below is a summary of restricted stock unit activity for the thirty-nine weeks ended November 2, 2013:
Restricted Stock Units
Number of Underlying
Shares
 
Weighted-Average
Grant Date
Fair Value
Unvested at February 2, 2013
1,198,680

 
$
46.88

Granted (1)
782,400

 
42.52

Vested
(358,728
)
 
40.65

Forfeited
(135,479
)
 
45.68

Unvested at November 2, 2013
1,486,873

 
$
46.29


(1) 
Number of shares granted includes approximately 240,000 shares related to the grant of performance share awards ("PSAs") in Fiscal 2013. This reflects the target amount granted; however, the number of PSAs that ultimately are earned would vary from 0% - 200% of target depending on the level of growth of adjusted diluted earnings per share. The number also includes 15,000 of additional shares earned above the Fiscal 2012 target due to the achievement above target.