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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Feb. 02, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during 2013 (with the exception of the Warnaco employee replacement stock options), 2012 and 2011:

 
2013
 
2012
 
2011
Weighted average risk-free interest rate
1.05
%
 
1.20
%
 
2.62
%
Weighted average expected option term (in years)
6.22

 
6.25

 
6.25

Weighted average Company volatility
45.20
%
 
45.16
%
 
44.35
%
Expected annual dividends per share
$
0.15

 
$
0.15

 
$
0.15

Weighted average grant date fair value per option
$
51.51

 
$
40.59

 
$
29.81


The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected option term. The expected option term represents the weighted average period of time that options granted are expected to be outstanding, based on vesting schedules and the contractual term of the options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected option term. Expected dividends are based on the Company’s common stock cash dividend rate at the date of grant.
Table Of Weighted Average Black Scholes Fair Value Assumptions Warnaco Replacement [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of the Warnaco employee stock options that were replaced at the effective time of the acquisition:
Weighted average risk-free interest rate

0.24
%
Weighted average expected option term (in years)

1.70

Weighted average Company volatility
29.40
%
Expected annual dividends per share
$
0.15

Weighted average grant date fair value per option
$
40.60

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Service-based stock option activity for the year was as follows:
 
Options
 
Weighted Average
Price Per Option
 
Weighted Average Remaining Contractual Life (Years)
 
Aggregate Intrinsic Value
Outstanding at February 3, 2013
1,958

 
$
44.17

 
5.4
 
$
141,117

Replacement of Warnaco awards
443

 
86.26

 
 
 
 
Granted
182

 
117.03

 
 
 
 
Exercised
978

 
52.72

 
 
 
 
Cancelled
17

 
95.05

 
 
 
 
Outstanding at February 2, 2014
1,588

 
$
58.47

 
5.9
 
$
99,319

Exercisable at February 2, 2014
977

 
$
44.02

 
4.8
 
$
75,095

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
RSU activity for the year was as follows:
 
RSUs
 
Weighted Average
Grant Date
Fair Value
Non-vested at February 3, 2013
660

 
$
62.24

Replacement of Warnaco awards
120

 
120.72

Granted
246

 
119.19

Vested
277

 
65.48

Cancelled
47

 
89.76

Non-vested at February 2, 2014
702

 
$
89.06

Schedule of Restricted Stock Activity [Table Text Block]
Restricted stock activity for the year was as follows:
 
Restricted Stock
 
Weighted Average
Grant Date
Fair Value
Non-vested at February 3, 2013

 
$

Replacement of Warnaco awards
271

 
120.72

Granted

 

Vested
216

 
120.72

Cancelled
9

 
120.72

Non-vested at February 2, 2014
46

 
$
120.72

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
The fair value of such awards was established on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:
 
2013
Risk-free interest rate
0.34
%
Expected Company volatility
38.67
%
Expected annual dividends per share
$
0.15

Grant date fair value per performance share unit
$
123.27

Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Performance share activity for the year was as follows:
 
Performance
Shares
 
Weighted Average
Grant Date
Fair Value
Non-vested at February 3, 2013
594

 
$
57.08

Granted
513

 
122.01

Vested
498

 
51.07

Cancelled
61

 
100.24

Non-vested at February 2, 2014
548

 
$
118.60