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Share-based payments (Tables)
12 Months Ended
Jan. 30, 2015
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

 

                                                                                                                                                                                    

 

 

January 30,
2015

 

January 31,
2014

 

February 1,
2013

 

Expected dividend yield

 

 

%

 

%

 

%

Expected stock price volatility

 

 

25.6 

%

 

26.2 

%

 

26.8 

%

Weighted average risk-free interest rate

 

 

1.9 

%

 

1.2 

%

 

1.5 

%

Expected term of options (years)

 

 

6.3 

 

 

6.3 

 

 

6.3 

 

 

Share-based payments  
Schedule of performance share unit award activity

 

                                                                                                                                                                                    

(Intrinsic value amounts reflected in thousands)

 

Units
Issued

 

Intrinsic
Value

 

Balance, January 31, 2014

 

 

159,419

 

 

 

 

Granted

 

 

143,048

 

 

 

 

Converted to common stock

 

 

(68,187

)

 

 

 

Canceled

 

 

(21,697

)

 

 

 

​  

​  

​  

​  

Balance, January 30, 2015

 

 

212,583

 

$

14,256

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of restricted stock unit award activity

 

                                                                                                                                                                                    

(Intrinsic value amounts reflected in thousands)

 

Units
Issued

 

Intrinsic
Value

 

Balance, January 31, 2014

 

 

616,527

 

 

 

 

Granted

 

 

420,035

 

 

 

 

Converted to common stock

 

 

(230,907

)

 

 

 

Canceled

 

 

(90,797

)

 

 

 

​  

​  

​  

​  

Balance, January 30, 2015

 

 

714,858

 

$

47,938

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of share-based compensation expense

 

                                                                                                                                                                                    

(In thousands)

 

Stock
Options

 

Performance
Share Units

 

Restricted
Stock Units

 

Restricted
Stock

 

Total

 

Year ended January 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

8,533 

 

$

5,461 

 

$

15,968 

 

$

7,376 

 

$

37,338 

 

Net of tax

 

$

5,206 

 

$

3,332 

 

$

9,742 

 

$

4,500 

 

$

22,780 

 

Year ended January 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

7,634 

 

$

3,448 

 

$

9,879 

 

$

 

$

20,961 

 

Net of tax

 

$

4,649 

 

$

2,100 

 

$

6,016 

 

$

 

$

12,765 

 

Year ended February 1, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

14,078 

 

$

4,082 

 

$

3,504 

 

$

 

$

21,664 

 

Net of tax

 

$

8,578 

 

$

2,487 

 

$

2,135 

 

$

 

$

13,200 

 

 

Other Options  
Share-based payments  
Schedule of options activity

 

                                                                                                                                                                                    

(Intrinsic value amounts reflected in thousands)

 

Options
Issued

 

Average
Exercise Price

 

Remaining
Contractual
Term in Years

 

Intrinsic
Value

 

Balance, January 31, 2014

 

 

1,840,542

 

$

45.26

 

 

 

 

 

 

 

Granted

 

 

898,817

 

 

58.03

 

 

 

 

 

 

 

Exercised

 

 

(159,205

)

 

44.52

 

 

 

 

 

 

 

Canceled

 

 

(181,030

)

 

50.55

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Balance, January 30, 2015

 

 

2,399,124

 

$

49.69

 

 

8.1

 

$

41,661

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Exercisable at January 30, 2015

 

 

633,841

 

$

42.43

 

 

7.0

 

$

15,613

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Time Options  
Share-based payments  
Schedule of options activity

 

                                                                                                                                                                                    

(Intrinsic value amounts reflected in thousands)

 

Options
Issued

 

Average
Exercise
Price

 

Remaining
Contractual
Term in Years

 

Intrinsic
Value

 

Balance, January 31, 2014

 

 

464,563

 

$

18.15

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(154,866

)

 

14.95

 

 

 

 

 

 

 

Canceled

 

 

(10,853

)

 

20.39

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Balance, January 30, 2015

 

 

298,844

 

$

19.74

 

 

4.7

 

$

14,142

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Exercisable at January 30, 2015

 

 

286,848

 

$

19.30

 

 

4.6

 

$

13,700

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Performance Options  
Share-based payments  
Schedule of options activity

 

                                                                                                                                                                                    

(Intrinsic value amounts reflected in thousands)

 

Options
Issued

 

Average
Exercise
Price

 

Remaining
Contractual
Term in Years

 

Intrinsic
Value

 

Balance, January 31, 2014

 

 

376,309

 

$

19.68

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(118,287

)

 

17.18

 

 

 

 

 

 

 

Canceled

 

 

(10,151

)

 

21.47

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Balance, January 30, 2015

 

 

247,871

 

$

20.79

 

 

4.9

 

$

11,468

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Exercisable at January 30, 2015

 

 

246,251

 

$

20.73

 

 

4.9

 

$

11,409

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​