STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jul. 30, 2011

STOCK-BASED COMPENSATION

Schedule of stock-based compensation expense

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	July 30,		July 31,		July 30,		July 31,
	2011		2010		2011		2010
Stock option expense	$	—	$	13	$	—	$	35
Deferred stock expense	2,572		1,476		4,557		3,544
Restricted stock expense	—		216		399		432
Performance award expense	630		1,656		989		3,197
Total stock-based compensation expense (1)	$	3,202	$	3,361	$	5,945	$	7,208

(1)Approximately $0.6 million in the Second Quarter 2011 and $0.3 million in the Second Quarter 2010 was recorded in cost of goods sold.  Approximately $1.0 million in the Year-To-Date 2011 and $0.6 million in the Year-To-Date 2010 was recorded in cost of goods sold.

Schedule of changes in unvested deferred awards

Changes in the Company’s Unvested Stock Awards During Year-To-Date 2011

Deferred and Restricted Stock (“Deferred Awards”)

	Number of Shares		Weighted Average Grant Date Fair Value
	(in thousands)
Unvested Deferred Awards beginning of period	356		$	36.91
Granted	282		50.94
Vested	(104	)	32.08
Forfeited	(41	)	39.15
Unvested Deferred Awards, end of period	493		$	45.78

Schedule of unvested performance awards

Changes in the Company’s Unvested Stock Awards During Year-To-Date 2011

Performance Awards

	Number of Performance Shares (1)		Weighted Average Grant Date Fair Value
	(in thousands)
Unvested performance shares, beginning of period	151		$	25.16
Granted	227		51.45
Vested	(144	)	24.05
Forfeited	(1	)	52.70
Unvested performance shares, end of period	233		$	51.27

(1)The number of unvested performance shares is based on the Participants earning their Target Shares at 100%.  As of July 30, 2011, the Company estimates that on a weighted average basis the Participants will earn 80% of their Target Shares. The cumulative expense recognized reflects changes in estimates as they occur.

Schedule of stock option activity

Changes in the Company’s outstanding stock options for Year-To-Date 2011 were as follows:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value
	(in thousands)				(in years)	(in thousands)
Options outstanding at beginning of period	351		$	33.93	4.3	$	3,311
Granted	—		—		—	—
Exercised	(84	)	32.68		N/A	1,518
Forfeited	(6	)	39.09		N/A	89
Options outstanding and exercisable at end of period	261		$	34.21	4.1	$	3,707