Share-Based Compensation (Tables)

3 Months Ended

May 03, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Below is a summary of stock option activity for the thirteen weeks ended May 3, 2014:



	Number of Underlying Shares		Weighted-Average Exercise Price		Aggregate Intrinsic Value		Weighted-Average Remaining Contractual Life
Outstanding at February 1, 2014	532,400		$	65.37
Granted	—		—
Exercised	(5,000	)	31.07
Forfeited or expired	(1,200	)	78.65
Outstanding at May 3, 2014	526,200		$	65.66	$	1,093,780	3.1
Stock options exercisable at May 3, 2014	526,200		$	65.66	$	1,093,780	3.1

Schedule of Stock Appreciation Rights Activity

The following table summarizes stock appreciation rights activity for the thirteen weeks ended May 3, 2014:



	Number of Underlying Shares		Weighted-Average Exercise Price		Aggregate Intrinsic Value		Weighted-Average Remaining Contractual Life
Outstanding at February 1, 2014	8,982,959		$	40.76
Granted	301,500		39.10
Exercised	(15,125	)	30.83
Forfeited or expired	(8,100	)	49.02
Outstanding at May 3, 2014	9,261,234		$	40.71	$	39,254,021	3.4
Stock appreciation rights exercisable at May 3, 2014	8,480,209		$	40.30	$	39,144,076	2.9
Stock appreciation rights expected to become exercisable in the future as of May 3, 2014	688,381		$	45.71	$	84,674	8.8

Schedule of Weighted-Average Estimated Fair Value and Assumptions of Stock Appreciation Rights

The weighted-average assumptions used in the Black-Scholes option-pricing model for stock appreciation rights granted during the thirteen-week periods ended May 3, 2014 and May 4, 2013, were as follows:



	Executive Officers other than the CEO						All Other Associates
	May 3, 2014			May 4, 2013			May 3, 2014			May 4, 2013
Grant date market price	$	38.50		$	45.69		$	38.63		$	45.72
Exercise price	$	39.64		$	45.69		$	38.84		$	45.72
Fair value	$	14.40		$	19.96		$	13.58		$	16.95
Assumptions:
Price volatility	50		%	61		%	50		%	54		%
Expected term (years)	4.9			4.7			4.1			4.1
Risk-free interest rate	1.8		%	0.7		%	1.4		%	0.6		%
Dividend yield	1.9		%	1.8		%	1.9		%	1.8		%

Schedule of Restricted Stock Unit Activity

The following table summarizes activity for restricted stock units with performance and/or service vesting conditions for the thirteen weeks ended May 3, 2014:



	Number of Underlying Shares		Weighted-Average Grant Date Fair Value
Unvested at February 1, 2014	1,426,579		$	46.00
Granted ⁽¹⁾	470,178		34.12
Vested	(305,188	)	48.55
Forfeited	(58,400	)	45.98
Unvested at May 3, 2014	1,533,169		$	41.21


⁽¹⁾	Number of shares granted includes 158,922 shares related to the grant of restricted stock units with performance vesting conditions in Fiscal 2014. This reflects the target amount granted; however, the number of awards that ultimately are earned will vary from 0% - 200% of target depending on the level of achievement of performance criteria.

The following table summarizes activity for restricted stock units with market vesting conditions for the thirteen weeks ended May 3, 2014:



	Number of Underlying Shares	Weighted-Average Grant Date Fair Value
Unvested at February 1, 2014	—	$	—
Granted ⁽¹⁾	79,458	45.02
Vested	—	—
Forfeited	—	—
Unvested at May 3, 2014	79,458	$	45.02


⁽¹⁾	Number of shares granted reflects the target amount granted; however, the number of awards that ultimately are earned will vary from 0% - 200% of target depending on market performance.