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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Feb. 03, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock Unit Activity
The following table summarizes activity for restricted stock units for Fiscal 2017:
 
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 28, 2017
1,915,461

 
$
25.47

 
203,923

 
$
22.53

 
184,892

 
$
26.89

Granted
1,698,803

 
9.96

 
524,030

 
9.11

 
236,872

 
11.79

Adjustments for performance achievement
—

 
—

 
—

 
—

 
—

 
—

Vested
(746,118
)
 
25.62

 
—

 
—

 
—

 
—

Forfeited
(347,986
)
 
22.20

 
(37,779
)
 
21.75

 
(37,784
)
 
26.14

Unvested at February 3, 2018 (1) (2)
2,520,160

 
$
15.35

 
690,174

 
$
11.82

 
383,980

 
$
16.50



(1) 
Includes 704,703 unvested service-based restricted stock units subject to vesting requirements related to the achievement of certain performance metrics, such as operating income and net income, for the fiscal year immediately preceding the vesting date. Holders of these restricted stock units have the opportunity to earn back one of more installments of the award if cumulative performance requirements are met in a subsequent year.
(2) 
Unvested shares related to restricted stock units with performance-based vesting conditions can achieve up to 200% of their target vesting amount and are reflected at 100% of their target vesting amount in the table above.
Schedule of Stock Appreciation Rights Activity
The following table summarizes stock appreciation rights activity for Fiscal 2017:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 28, 2017
4,079,050

 
$
47.49

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
—

 
—

 
 
 
 
Forfeited or expired
(1,068,330
)
 
42.59

 
 
 
 
Outstanding at February 3, 2018
3,010,720

 
$
49.35

 
$
29,097

 
1.9
Stock appreciation rights exercisable at February 3, 2018
2,783,169

 
$
51.31

 
$
15,771

 
1.5
Stock appreciation rights expected to become exercisable in the future as of February 3, 2018
214,132

 
$
25.68

 
$
8,870

 
7.0
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 Fiscal 2015 were as follows:
 
Fiscal 2015
 
Executive Officers
 
All Other Associates
Grant date market price
$
22.46

 
$
22.42

Exercise price
$
22.46

 
$
22.42

Fair value
$
9.11

 
$
8.00

Assumptions:
 
 
 
Price volatility
49
%
 
49
%
Expected term (years)
6.1

 
4.3

Risk-free interest rate
1.5
%
 
4.2
%
Dividend yield
1.7
%
 
1.7
%
Schedule of Stock Option Activity
The following table summarizes stock option activity for Fiscal 2017:
 
Number of
Underlying
Shares
 
Weighted-
Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 28, 2017
189,800

 
$
76.62

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
—

 
—

 
 
 
 
Forfeited or expired
(102,600
)
 
75.27

 
 
 
 
Outstanding at February 3, 2018
87,200

 
$
78.20

 
$
—

 
0.1
Stock options exercisable at February 3, 2018
87,200

 
$
78.20

 
$
—

 
0.1
Market-based Restricted Stock Units (RSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Weighted-Average Estimated Fair Value and Assumptions of Market-based Restricted Stock Units
The weighted-average assumptions used for market-based restricted stock units in the Monte Carlo simulation during Fiscal 2017, Fiscal 2016 and Fiscal 2015 were as follows:
 
Fiscal 2017
 
Fiscal 2016
 
Fiscal 2015
Grant date market price
$
11.43

 
$
28.06

 
$
22.46

Fair value
$
11.79

 
$
31.01

 
$
19.04

Assumptions:
 
 
 
 
 
Price volatility
47
%
 
45
%
 
45
%
Expected term (years)
2.9

 
2.7

 
2.8

Risk-free interest rate
1.5
%
 
1.0
%
 
0.9
%
Dividend yield
7.0
%
 
3.0
%
 
3.5
%
Average volatility of peer companies
35.2
%
 
34.5
%
 
34.0
%
Average correlation coefficient of peer companies
0.2664

 
0.3415

 
0.3288