STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Nov. 02, 2014

Nov. 03, 2013

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 thirty-nine weeks ended November 2, 2014 and November 3, 2013 (with the exception of the Warnaco employee replacement stock options):



	Thirty-Nine Weeks Ended
	11/2/14			11/3/13
Weighted average risk-free interest rate	2.15		%	1.05		%
Weighted average expected option term (in years)	6.25			6.22
Weighted average Company volatility	44.12		%	45.20		%
Expected annual dividends per share	$	0.15		$	0.15
Weighted average grant date fair value per option	$	56.21		$	51.51

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 thirty-nine weeks ended November 2, 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	140	124.27
Exercised	169	56.50
Cancelled	5	72.36
Outstanding at November 2, 2014	1,554	$	64.56
Exercisable at November 2, 2014	1,090	$	49.01

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

RSU activity for the thirty-nine weeks ended November 2, 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	233	124.70
Vested	247	71.66
Cancelled	31	108.68
Non-vested at November 2, 2014	657	$	107.33

Schedule of Restricted Stock Activity [Table Text Block]

Restricted stock activity for the thirty-nine weeks ended November 2, 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	22	120.72
Cancelled	2	120.72
Non-vested at November 2, 2014	22	$	120.72

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]

For the contingently issuable performance share units granted during the second quarter of 2013, because the awards are subject to market conditions, the Company records expense ratably over the vesting period, net of estimated forfeitures, regardless of whether the market condition is satisfied. 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:



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 thirty-nine weeks ended November 2, 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	5	123.27
Non-vested at November 2, 2014	626	$	119.43