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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Feb. 01, 2020
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 2019:
 
Service-based Restricted
Stock Units
 
Performance-based Restricted
Stock Units
 
Market-based Restricted
Stock Units
 
Number of 
Underlying
Shares (1) 
 
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 February 2, 2019
2,020,030

 
$
16.76

 
801,527

 
$
13.28

 
435,970

 
$
21.24

Granted
731,886

 
22.10

 
234,984

 
22.94

 
115,238

 
36.24

Adjustments for performance achievement
—

 
—

 
(90,616
)
 
24.06

 
(72,497
)
 
28.20

Vested
(772,258
)
 
17.65

 
—

 
—

 
(18,125
)
 
28.20

Forfeited
(302,827
)
 
16.78

 
(198,839
)
 
13.10

 
(38,802
)
 
29.90

Unvested at February 1, 2020 (2)
1,676,831

 
$
18.68

 
747,056

 
$
15.11

 
421,784

 
$
23.05



(1) 
Includes 259,016 unvested restricted stock units as of February 1, 2020, 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 or more installments of the award if the cumulative performance requirements are met in a subsequent year.
(2) 
Unvested shares related to restricted stock units with performance-based and market-based vesting conditions are reflected at 100% of their target vesting amount in the table above. Certain unvested shares related to restricted stock units with performance-based vesting conditions can be achieved at up to 200% of their target vesting amount.
Schedule of Stock Appreciation Rights Activity
The following table summarizes stock appreciation rights activity for Fiscal 2019:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life (years)
Outstanding at February 2, 2019
1,041,867

 
$
37.81

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
(43,463
)
 
22.41

 
 
 
 
Forfeited or expired
(201,679
)
 
32.27

 
 
 
 
Outstanding at February 1, 2020
796,725

 
$
40.06

 
$
—

 
2.3
Stock appreciation rights exercisable at February 1, 2020
796,725

 
$
40.06

 
$
—

 
2.3
Stock appreciation rights expected to become exercisable in the future as of February 1, 2020
—

 
$
—

 
$
—

 
0.0
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 2019, Fiscal 2018 and Fiscal 2017 were as follows:
 
Fiscal 2019

 
Fiscal 2018

 
Fiscal 2017

Grant date market price
$
25.34

 
$
23.59

 
$
11.43

Fair value
$
36.24

 
$
33.69

 
$
11.79

Assumptions:
 
 
 
 
 
Price volatility
57
%
 
54
%
 
47
%
Expected term (years)
2.9

 
2.9

 
2.9

Risk-free interest rate
2.2
%
 
2.4
%
 
1.5
%
Dividend yield
3.2
%
 
3.4
%
 
7.0
%
Average volatility of peer companies
40.0
%
 
37.4
%
 
35.2
%
Average correlation coefficient of peer companies
0.2407

 
0.2709

 
0.2664