STOCK-BASED COMPENSATION (Tables)

3 Months Ended

May 04, 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 the thirteen weeks ended May 4, 2014 and May 5, 2013 (with the exception of the Warnaco employee replacement stock options):



	Thirteen Weeks Ended
	5/4/14			5/5/13
Weighted average risk-free interest rate	2.16		%	0.95		%
Weighted average expected option term (in years)	6.25			6.25
Weighted average Company volatility	44.14		%	45.13		%
Expected annual dividends per share	$	0.15		$	0.15
Weighted average grant date fair value per option	$	56.36		$	50.44

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.

The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving option grants, mainly due to acquisitions. The Company will continue to evaluate the appropriateness of utilizing such method.

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 on February 13, 2013:



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 thirteen weeks ended May 4, 2014 was as follows:



(In thousands, except per option data)	Options	Weighted Average Exercise Price Per Option
Outstanding at February 2, 2014	1,588	$	58.47
Granted	134	124.54
Exercised	89	52.38
Cancelled	3	49.85
Outstanding at May 4, 2014	1,630	$	64.26
Exercisable at May 4, 2014	1,067	$	50.56

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

RSU activity for the thirteen weeks ended May 4, 2014 was as follows:



(In thousands, except per RSU data)	RSUs	Weighted Average Grant Date Fair Value Per RSU
Non-vested at February 2, 2014	702	$	89.06
Granted	209	125.20
Vested	139	83.85
Cancelled	10	98.77
Non-vested at May 4, 2014	762	$	99.80

Schedule of Restricted Stock Activity [Table Text Block]

Restricted stock activity for the thirteen weeks ended May 4, 2014 was as follows:



(In thousands, except per share data)	Restricted Stock	Weighted Average Grant Date Fair Value Per Share
Non-vested at February 2, 2014	46	$	120.72
Granted	—	—
Vested	19	120.72
Cancelled	1	120.72
Non-vested at May 4, 2014	26	$	120.72

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

Performance share activity for the thirteen weeks ended May 4, 2014 was as follows:



(In thousands, except per share data)	Performance Shares	Weighted Average Grant Date Fair Value Per Share
Non-vested at February 2, 2014	548	$	118.60
Granted	83	125.15
Vested	—	—
Cancelled	4	123.27
Non-vested at May 4, 2014	627	$	119.44