Share-Based Compensation (Tables)

12 Months Ended

Aug. 02, 2013

Share-Based Compensation [Abstract]

Schedule of Outstanding Awards Under Each Plan

The following table summarizes the number of outstanding awards under each plan at August 2, 2013:

2010 Omnibus Plan	390,759
2000 Non-Executive Stock Option Plan	12,083
Amended and Restated Stock Option Plan	43,107
2002 Omnibus Incentive Compensation Plan	50,948
Total	496,897

LTPP Performance and Vesting Period

The following table summarizes the performance periods and vesting periods for the Company's nonvested stock awards under its long-term performance plans at August 2, 2013:

Long-Term Performance Plan ("LTPP")	Performance Period		Vesting Period (in Years)
2012 LTPP		2012 - 2013		2
2013 LTPP		2013 - 2014	2 or 3

Schedule of Outstanding Awards Under LTPP

The following table summarizes the shares that have been accrued under the 2012 LTPP and 2013 LTPP at August 2, 2013:

2012 LTPP	157,356
2013 LTPP	36,436

Schedule of nonvested stock activity

A summary of the Company's nonvested stock activity as of August 2, 2013, and changes during 2013 are presented in the following table:

Nonvested Stock	Shares			Weighted-Average Grant Date Fair Value
Unvested at August 3, 2012		80,190		$	41.97
Granted		134,145			67.68
Vested		(130,481	)		57.06
Forfeited		(1,000	)		42.21
Unvested at August 2, 2013		82,854		$	59.83

Aggregate Fair Value of Non Vested Stock

The following table summarizes the total fair value of nonvested stock that vested for each of the three years:

	2013			2012			2011
Total fair value of nonvested stock		$	7,445		$	12,981		$	4,393

Assumptions used in determining the fair value of MSU Grants

The following assumptions were used in determining the fair value for the Company's MSU Grants:

				Year Ended
	August 2, 2013			August 3, 2012			July 29, 2011
Dividend yield range		3.0	%		2.2	%		1.6	%
Expected volatility		27	%		45	%		43	%
Risk-free interest rate		0.3	%		0.3	%		0.8	%

Schedule of Shares Accrued Under the MSU Grants

The following table summarizes the shares that have been accrued under the 2011 MSU Grants, 2012 MSU Grants and the 2013 MSU Grants at August 2, 2013:

	Shares
2011 MSU Grants		41,963
2012 MSU Grants		56,301
2013 MSU Grants		20,849

Assumptions used in determining the fair value of each option award

The fair value of each option award was estimated on the date of grant using a binomial lattice-based option valuation model, which incorporates ranges of assumptions for inputs as shown in the following table.

	Year Ended
	July 29, 2011*
Dividend yield range		1.7	%
Expected volatility		40	%
Risk-free interest rate range		0.3%- 4.6	%
Expected term (in years)		6.6	*

*Stock options granted in 2011 were defeased and replaced with MSU Grants (see sub-section above entitled "Performance-Based Market Stock Units").

Schedule of stock option activity

A summary of the Company's stock option activity as of August 2, 2013, and changes during 2013 are presented in the following table:

Fixed Options	Shares			Weighted- Average Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at August 3, 2012		403,957		$	33.22
Granted		--			--
Exercised		(273,706	)		32.66
Forfeited		--			--
Canceled		(29,113	)		24.98
Outstanding at August 2, 2013		101,138		$	37.12		2.61		$	6,455
Exercisable		101,138		$	37.12		2.61		$	6,455

Schedule of Weighted Average Fair Value Per Share and Intrinsic Value of Options Granted

The following table summarizes the weighted-average grant-date fair values of options granted and the total intrinsic values of options exercised during each of the three years:

	2013		2012		2011
Weighted-average grant-date fair values of options granted	$	--	$	--	$	16.81
Total intrinsic values of options exercised*		10,526		14,859		11,713

*The intrinsic value for stock options is defined as the difference between the current market value and the grant price.

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The following table highlights the components of share-based compensation expense for each of the three years:

	2013		2012		2011
Nonvested stock awards	$	15,416	$	11,440	$	6,652
MSU Grants		2,335		1,690		989
Stock options		88		1,290		2,155
Total compensation expense	$	17,839	$	14,420	$	9,796

Schedule of Unrecognized Compensation Cost, Nonvested Awards

The following table highlights the total unrecognized compensation expense related to nonvested stock, stock options and MSU Grants and the weighted-average periods over which the expense is expected to be recognized as of August 2, 2013:

	Nonvested Stock		Stock Options		MSU Grants
Total unrecognized compensation	$	3,122	$	--	$	2,216
Weighted-average period in years		2.41		--		1.73

Total Share-based Compensation Income Tax Benefit

The following table highlights the total income tax benefit recognized in the Consolidated Statements of Income for each of the three years:

	2013			2012			2011
Total income tax benefit		$	5,221		$	4,254		$	2,576