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Stock-Based Compensation (Tables)
12 Months Ended
Feb. 03, 2013
Summary of Stock Options Activity

The following table summarizes our stock option activity during fiscal 2012:

 

      Shares    

Weighted
Average

Exercise
Price

     Weighted Average
Contractual Term
Remaining (Years)
   Intrinsic
Value
1
 

Balance at January 29, 2012

     934,696      $ 31.76                 

Granted

     0        0.00         

Exercised

     (505,566     28.95         

Cancelled

     (200     38.84                 

Balance at February 3, 2013 (100% vested)

     428,930      $ 35.07       1.95    $ 4,266,000   

 

1 

Intrinsic value for outstanding and vested options is based on the excess, if any, of the market value of our common stock on the last business day of the fiscal year (or $45.02) over the exercise price.

Summary of Stock-Settled Stock Appreciation Rights Activity

The following table summarizes our stock-settled stock appreciation right activity during fiscal 2012:

 

      Shares    

Weighted

Average

Conversion
Price
1

    

Weighted Average

Contractual Term
Remaining (Years)

   Intrinsic
Value
2
 

Balance at January 29, 2012

     3,941,642      $ 24.13                 

Granted

     0        0.00         

Converted into common stock

     (1,183,951     13.79         

Cancelled

     (229,907     32.48                 

Balance at February 3, 2013

     2,527,784      $ 28.21       5.42    $ 42,497,000   

Vested at February 3, 2013

     1,466,023      $ 20.37       5.44    $ 36,133,000   

Vested plus expected to vest at February 3, 2013

     2,205,070      $ 26.47       5.45    $ 40,899,000   

 

1 

Conversion price is equal to the market value on the date of grant.

2

Intrinsic value for outstanding and vested rights is based on the excess of the market value of our common stock on the last business day of the fiscal year (or $45.02) over the conversion price.

Summary of Additional Information about Stock-Settled Stock Appreciation Rights

The following table summarizes additional information about stock-settled stock appreciation rights:

 

      Fiscal 2012      Fiscal 2011      Fiscal 2010  

Weighted average grant date fair value per share of awards granted

   $ 0.00       $ 14.27       $ 10.21   

Intrinsic value of awards converted into common stock1

   $ 31,569,000       $ 18,969,000       $ 20,252,000   

 

1

Intrinsic value for conversions is based on the excess of the market value over the conversion price on the date of the conversion.

Summary Of Weighted Average Assumptions

The weighted average assumptions used for fiscal 2011 and fiscal 2010 are as follows:

 

     Fiscal Year Ended  
      Jan. 29, 2012      Jan. 30, 2011  

Expected term (years)

     5.0         5.1   

Expected volatility

     46.6%         47.3%   

Risk-free interest rate

     2.2%         2.6%   

Dividend yield

     2.3%         2.2%   
Summary of Restricted Stock Units Activity

The following table summarizes our restricted stock unit activity during fiscal 2012:

 

      Shares    

Weighted
Average
Grant Date

Fair Value

    

Weighted Average

Contractual Term
Remaining (Years)

  

Intrinsic

Value1

 

Balance at January 29, 2012

     2,293,851      $ 29.74                 

Granted

     1,276,183        37.94         

Released

     (432,929     21.91         

Cancelled

     (364,679     30.67                 

Balance at February 3, 2013

     2,772,426      $ 34.61       2.27    $ 124,815,000   

Vested plus expected to vest at February 3, 2013

     1,956,461      $ 34.67       2.27    $ 88,080,000   

 

1 

Intrinsic value for outstanding and unvested restricted stock units is based on the market value of our common stock on the last business day of the fiscal year (or $45.02).

Summary of Additional Information About Restricted Stock Units

The following table summarizes additional information about restricted stock units:

 

      Fiscal 2012      Fiscal 2011      Fiscal 2010  

Weighted average grant date fair value per share of awards granted

   $ 37.94       $ 39.27       $ 28.13   

Intrinsic value of awards released 1

   $ 16,730,000       $ 12,865,000       $ 32,109,000   
1 

Intrinsic value for releases is based on the market value on the date of release.