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Share-based payments (Tables)
12 Months Ended
Feb. 01, 2019
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

 

 

 

 

 

 

 

 

 

 

    

February 1,

    

February 2,

    

February 3,

 

 

 

2019

 

2018

 

2017

 

Expected dividend yield

 

1.2

%  

1.3

%  

1.3

%

Expected stock price volatility

 

25.0

%  

25.5

%  

25.4

%

Weighted average risk-free interest rate

 

2.7

%  

2.1

%  

1.6

%

Expected term of options (years)

 

6.3

 

6.3

 

6.3

 

 

Schedule of performance share unit award activity

 

 

 

 

 

 

 

 

 

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

 

Issued

 

Value

 

Balance, February 2, 2018

 

209,090

 

 

 

 

Granted

 

115,619

 

 

 

 

Converted to common stock

 

(105,613)

 

 

 

 

Canceled

 

(8,107)

 

 

 

 

Balance, February 1, 2019

 

210,989

 

$

24,272

 

 

Schedule of restricted stock unit award activity

 

 

 

 

 

 

 

 

 

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

 

Issued

 

Value

 

Balance, February 2, 2018

 

491,968

 

 

 

 

Granted

 

261,550

 

 

 

 

Converted to common stock

 

(233,053)

 

 

 

 

Canceled

 

(70,426)

 

 

 

 

Balance, February 1, 2019

 

450,039

 

$

51,772

 

 

Schedule of share-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock

 

Performance

 

Restricted

 

 

 

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Total

 

Year ended February 1, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

14,556

 

$

8,597

 

$

17,726

 

$

40,879

 

Net of tax

 

$

10,902

 

$

6,439

 

$

13,277

 

$

30,618

 

Year ended February 2, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax

 

$

11,599

 

$

6,159

 

$

16,565

 

$

34,323

 

Net of tax

 

$

7,223

 

$

3,835

 

$

10,315

 

$

21,373

 

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

 

 

Other Options [Member]  
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, February 2, 2018

 

3,076,913

 

$

71.31

 

 

 

 

 

 

Granted

 

764,783

 

 

93.72

 

 

 

 

 

 

Exercised

 

(419,842)

 

 

65.74

 

 

 

 

 

 

Canceled

 

(164,604)

 

 

81.61

 

 

 

 

 

 

Balance, February 1, 2019

 

3,257,250

 

$

76.76

 

7.3

 

$

124,674

 

Exercisable at February 1, 2019

 

1,219,179

 

$

67.17

 

5.9

 

$

58,356