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Share-based payments (Tables)
12 Months Ended
Feb. 03, 2012
Share-based payments  
Schedule of weighted average key assumptions used in determining the fair value of all options

 

 

 
  February 3,
2012
  January 28,
2011
  January 29,
2010
 

Expected dividend yield

    0 %   0 %   0 %

Expected stock price volatility

    38.7 %   39.1 %   41.2 %

Weighted average risk-free interest rate

    2.3 %   2.8 %   2.8 %

Expected term of options (years)

    6.8     7.0     7.4  

        

Share-based payments  
Schedule of share-based compensation expense

 

 

(In thousands)
  Stock
Options
  Equity
Appreciation
Rights
  Restricted
Stock Units
  Restricted
Stock
  Total  

Year ended February 3, 2012

                               

Pre-tax

  $ 15,121   $ 8,731   $ 129   $   $ 23,981  

Net of tax

  $ 9,208   $ 5,317   $ 79   $   $ 14,604  

Year ended January 28, 2011

                               

Pre-tax

  $ 12,722   $ 17,366   $ 83   $   $ 30,171  

Net of tax

  $ 7,755   $ 10,587   $ 51   $   $ 18,393  

Year ended January 29, 2010

                               

Pre-tax

  $ 11,686   $ 7,237   $ 840   $ 2,482   $ 22,245  

Net of tax

  $ 7,138   $ 4,420   $ 513   $ 1,516   $ 13,587  
Time Options
 
Share-based payments  
Summary of options activity

 

 

(Intrinsic value amounts reflected in thousands)
  Options
Issued
  Average
Exercise
Price
  Remaining
Contractual
Term in Years
  Intrinsic
Value
 

Balance, January 28, 2011

    5,778,131   $ 9.73              

Granted

    91,012     29.98              

Exercised

    (1,427,179 )   8.41              

Canceled

    (183,383 )   11.09              
                   

Balance, February 3, 2012

    4,258,581   $ 10.55     6.3   $ 133,691  
                   

Vested or expected to vest at February 3, 2012

    4,159,595   $ 10.36     6.3   $ 131,357  
                   

Exercisable at February 3, 2012

    2,486,048   $ 9.08     6.1   $ 81,692  
                   

        

Performance Options
 
Share-based payments  
Summary of options activity

 

 

(Intrinsic value amounts reflected in thousands)
  Options
Issued
  Average
Exercise
Price
  Remaining
Contractual
Term in Years
  Intrinsic
Value
 

Balance, January 28, 2011

    5,497,024   $ 9.82              

Granted

    91,012     29.98              

Exercised

    (1,437,711 )   8.36              

Canceled

    (182,088 )   11.13              
                   

Balance, February 3, 2012

    3,968,237   $ 10.75     6.4   $ 123,780  
                   

Vested or expected to vest at February 3, 2012

    3,853,900   $ 10.53     6.4   $ 121,044  
                   

Exercisable at February 3, 2012

    3,098,603   $ 9.42     6.1   $ 100,756