STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 01, 2015

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 2014, 2013 (with the exception of the Warnaco employee replacement stock options) and 2012:

	2014			2013			2012
Weighted average risk-free interest rate	2.15		%	1.05		%	1.20		%
Weighted average expected option term (in years)	6.25			6.22			6.25
Weighted average Company volatility	44.12		%	45.20		%	45.16		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per option	$	56.21		$	51.51		$	40.59

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 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 year was as follows:

(In thousands, except years and per option data)	Options	Weighted Average Price Per Option		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding at February 2, 2014	1,588	$	58.47	5.9	$	99,319
Granted	140	124.27
Exercised	232	56.35
Cancelled	24	114.32
Outstanding at February 1, 2015	1,472	$	64.14	5.5	$	70,737
Exercisable at February 1, 2015	1,046	$	49.46	4.6	$	63,965

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

RSU activity for the year was as follows:

(In thousands, except per RSU data)	RSUs	Weighted Average Grant Date Fair Value
Non-vested at February 2, 2014	702	$	89.06
Granted	235	124.61
Vested	255	72.34
Cancelled	42	110.46
Non-vested at February 1, 2015	640	$	107.42

Schedule of Restricted Stock Activity [Table Text Block]

Restricted stock activity for the year was as follows:

(In thousands, except per share data)	Restricted Stock	Weighted Average Grant Date Fair Value
Non-vested at February 2, 2014	46	$	120.72
Granted	—	—
Vested	22	120.72
Cancelled	4	120.72
Non-vested at February 1, 2015	20	$	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:

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:

(In thousands, except per share data)	Performance Shares	Weighted Average Grant Date Fair Value
Non-vested at February 2, 2014	548	$	118.60
Granted	83	125.15
Vested	—	—
Cancelled	78	116.04
Non-vested at February 1, 2015	553	$	119.95