Stock-Based Compensation (Tables)

6 Months Ended

Jul. 28, 2012

Stock-Based Compensation [Abstract]

Stock-based compensation expense by type of grant

The following table summarizes stock-based compensation expense by type of grant for each period (in thousands):

	Thirteen Weeks Ended						Twenty-Six Weeks Ended
	July 28, 2012			July 30, 2011			July 28, 2012			July 30, 2011
Stock options and SARs	$	673		$	1,097		$	1,540		$	2,123
Non-vested stock		827			685			1,455			1,094
Performance shares		611			515			441			862
Total compensation expense		2,111			2,297			3,436			4,079
Related tax benefit		(794	)		(853	)		(1,292	)		(1,521	)
	$	1,317		$	1,444		$	2,144		$	2,558

Weighted average assumptions used to estimate the fair value of SARs granted

The following table provides the significant weighted average assumptions used in determining the estimated fair value, at the date of grant under the Black-Scholes option-pricing model, of SARs granted during the twenty-six weeks ended July 30, 2011:

	Twenty-Six Weeks Ended
	July 30, 2011
Expected volatility	63.4% - 63.7%
Weighted average volatility	63.6%
Risk-free rate	1.5% - 1.9%
Expected life (in years)	4.3
Expected dividend yield	1.6% - 1.9%

Stock options and Stock appreciation rights outstanding

The following table summarizes information about stock options and SARs outstanding under the Equity Incentive Plans as of July 28, 2012 and changes during the twenty-six weeks ended July 28, 2012:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value  (in thousands)
Outstanding at January 28, 2012		4,004,257		$	16.10
Exercised		(641,170	)		12.24
Forfeited		(625,562	)		16.70
Outstanding at July 28, 2012		2,737,525		$	16.87		3.2	$	6,779
Vested or expected to vest at July 28, 2012		2,565,322		$	16.93		3.1	$	6,286
Exercisable at July 28, 2012		1,876,511		$	17.28		2.4	$	4,314

Nonvested stock options and Stock appreciation rights outstanding

The following table summarizes information about non-vested stock option awards and SARs outstanding as of July 28, 2012 and changes during the twenty-six weeks ended July 28, 2012:

Stock Options/SARs	Number of Shares			Weighted Average Grant Date Fair Value
Non-vested at January 28, 2012		1,794,350		$	6.72
Vested		(627,711	)		6.22
Forfeited		(305,625	)		6.16
Non-vested at July 28, 2012		861,014		$	7.28

Non-vested stock granted

The following table summarizes information about non-vested stock granted by the Company as of July 28, 2012 and changes during the twenty-six weeks ended July 28, 2012:

Non-vested Stock	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding at January 28, 2012		376,965		$	16.68
Granted		467,320			15.84
Vested		(130,038	)		16.27
Forfeited		(63,573	)		18.91
Outstanding at July 28, 2012		650,674		$	15.94

Performance shares outstanding

The following table summarizes information about the performance shares that remain outstanding as of July 28, 2012:

	Target Shares		Target Shares		Target Shares			Target Shares		Weighted Average
	Outstanding		Granted		Forfeited			Outstanding		Grant Date
Period	at		During		During			at		Fair Value
Granted	January 28, 2012		Current Year		Current Year			July 28, 2012		Per Share
2010		107,000		-		(25,000	)		82,000	$	19.75
2011		64,225		-		(22,500	)		41,725		25.00
2012		-		243,100		-			243,100		18.04
Total		171,225		243,100		(47,500	)		366,825