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Share-Based Compensation (Tables)
6 Months Ended
Jul. 30, 2016
Schedule of Stock Option Activity
The following table summarizes stock option activity for the twenty-six weeks ended July 30, 2016:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 30, 2016
271,000

 
$
63.05

 
 
 
 
Granted

 

 
 
 
 
Exercised
(2,000
)
 
22.87

 
 
 
 
Forfeited or expired
(19,200
)
 
66.19

 
 
 
 
Outstanding at July 30, 2016
249,800

 
$
63.13

 
$
16,200

 
0.9
Stock options exercisable at July 30, 2016
249,800

 
$
63.13

 
$
16,200

 
0.9
Schedule of Stock Appreciation Rights Activity
The following table summarizes stock appreciation rights activity for the twenty-six weeks ended July 30, 2016:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 30, 2016
5,301,115

 
$
45.02

 
 
 
 
Granted

 

 
 
 
 
Exercised
(9,533
)
 
22.46

 
 
 
 
Forfeited or expired
(136,347
)
 
30.68

 
 
 
 
Outstanding at July 30, 2016
5,155,235

 
$
45.51

 
$
55,187

 
2.6
Stock appreciation rights exercisable at July 30, 2016
4,548,819

 
$
47.96

 
$
594

 
1.9
Stock appreciation rights expected to become exercisable in the future as of July 30, 2016
522,109

 
$
27.40

 
$
38,048

 
8.4
Schedule of Restricted Stock Unit Activity
The following table summarizes activity for restricted stock units for the twenty-six weeks ended July 30, 2016:
 
Service-based Restricted
Stock Units
 
Performance-based Restricted
Stock Units
 
Market-based Restricted
Stock Units
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
Unvested at January 30, 2016
1,671,597

 
$
28.13

 
185,500

 
$
23.42

 
117,711

 
$
25.00

Granted
1,028,888

 
26.07

 
112,398

 
27.20

 
112,406

 
34.12

Adjustments for performance achievement

 

 

 

 

 

Vested
(576,387
)
 
30.77

 
(32,625
)
 
36.12

 

 

Forfeited
(166,539
)
 
26.27

 
(78,677
)
 
24.22

 
(62,553
)
 
31.91

Unvested at July 30, 2016
1,957,559

 
$
26.44

 
186,596

 
$
23.14

 
167,564

 
$
28.54



Market-based restricted stock units [Member]  
Schedule of Weighted-Average Estimated Fair Value and Assumptions of Restricted Stock Units with Market Vesting Conditions
The weighted-average assumptions used for market-based restricted stock units in the Monte Carlo simulation during the twenty-six weeks ended July 30, 2016 and August 1, 2015 were as follows:
 
July 30, 2016
 
August 1, 2015
Grant date market price
$
29.56

 
$
22.46

Fair value
$
34.12

 
$
19.04

Assumptions:
 
 
 
Price volatility
44
%
 
45
%
Expected term (years)
2.8

 
2.8

Risk-free interest rate
1.1
%
 
0.9
%
Dividend yield
2.8
%
 
3.5
%
Average volatility of peer companies
34.5
%
 
34.0
%
Average correlation coefficient of peer companies
0.3389

 
0.3288