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Share-based payments (Tables)
12 Months Ended
Feb. 03, 2017
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

 

 

 

 

 

 

 

 

 

 

    

February 3,

    

January 29,

    

January 30,

 

 

 

2017

 

2016

 

2015

 

Expected dividend yield

 

1.3

%  

1.2

%  

0

%

Expected stock price volatility

 

25.4

%  

25.3

%  

25.6

%

Weighted average risk-free interest rate

 

1.6

%  

1.8

%  

1.9

%

Expected term of options (years)

 

6.3

 

6.4

 

6.3

 

 

Schedule of performance share unit award activity

 

 

 

 

 

 

 

 

 

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

 

Issued

 

Value

 

Balance, January 29, 2016

 

144,097

 

 

 

 

Granted

 

121,246

 

 

 

 

Converted to common stock

 

(69,393)

 

 

 

 

Canceled

 

(21,567)

 

 

 

 

Balance, February 3, 2017

 

174,383

 

$

12,754

 

 

Schedule of restricted stock unit award activity

 

 

 

 

 

 

 

 

 

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

 

Issued

 

Value

 

Balance, January 29, 2016

 

640,910

 

 

 

 

Granted

 

282,828

 

 

 

 

Converted to common stock

 

(340,916)

 

 

 

 

Canceled

 

(80,861)

 

 

 

 

Balance, February 3, 2017

 

501,961

 

$

36,713

 

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock

 

Performance

 

Restricted

 

Restricted

 

 

 

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Stock

    

Total

 

Year ended February 3, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

12,008

 

$

7,258

 

$

17,701

 

$

 —

 

$

36,967

 

Net of tax

 

$

7,325

 

$

4,427

 

$

10,798

 

$

 —

 

$

22,550

 

Year ended January 29, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

11,113

 

$

4,856

 

$

22,578

 

$

 —

 

$

38,547

 

Net of tax

 

$

6,779

 

$

2,962

 

$

13,772

 

$

 —

 

$

23,513

 

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

 

 

Other Options  
Share-based payments  
Schedule of options activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Average

    

Remaining

    

 

 

 

 

 

Options

 

Exercise

 

Contractual

 

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

 

Issued

 

Price

 

Term in Years

 

Value

 

Balance, January 29, 2016

 

2,429,965

 

$

61.19

 

 

 

 

 

 

Granted

 

996,984

 

 

84.73

 

 

 

 

 

 

Exercised

 

(524,129)

 

 

51.64

 

 

 

 

 

 

Canceled

 

(204,162)

 

 

75.69

 

 

 

 

 

 

Balance, February 3, 2017

 

2,698,658

 

$

70.64

 

7.9

 

$

18,842

 

Exercisable at February 3, 2017

 

675,234

 

$

54.40

 

6.4

 

$

12,849