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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jan. 29, 2017
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 2016, 2015 and 2014:

 
2016
 
2015
 
2014
Weighted average risk-free interest rate
1.45
%
 
1.54
%
 
2.15
%
Weighted average expected option term (in years)
6.25

 
6.25

 
6.25

Weighted average Company volatility
34.54
%
 
36.26
%
 
44.12
%
Expected annual dividends per share
$
0.15

 
$
0.15

 
$
0.15

Weighted average grant date fair value per option
$
35.62

 
$
40.20

 
$
56.21


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.
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 Exercise
Price Per Option
 
Weighted Average Remaining Contractual Life (Years)
 
Aggregate Intrinsic Value
Outstanding at January 31, 2016
1,443

 
$
70.79

 
5.3
 
$
26,643

Granted
237

 
99.59

 

 


Exercised
201

 
66.05

 

 


Cancelled
13

 
108.65

 

 


Outstanding at January 29, 2017
1,466

 
$
75.74

 
5.3
 
$
34,996

Exercisable at January 29, 2017
1,009

 
$
61.90

 
3.9
 
$
34,996

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 Per RSU
Non-vested at January 31, 2016
653

 
$
111.61

Granted
394

 
98.29

Vested
159

 
108.88

Cancelled
76

 
108.61

Non-vested at January 29, 2017
812

 
$
105.96

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
The fair value of the awards granted in 2016 and 2015 was established for each grant on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:
 
2016
 
2015
Risk-free interest rate
1.04
%
 
0.90
%
Expected Company volatility
28.33
%
 
29.10
%
Expected annual dividends per share
$
0.15

 
$
0.15

Weighted average grant date fair value per PSU
$
87.16

 
$
101.23

Schedule of Nonvested Performance-based Units Activity [Table Text Block]
PSU activity for the year was as follows:
(In thousands, except per PSU data)
PSUs
 
Weighted Average
Grant Date
Fair Value Per PSU
Non-vested at January 31, 2016
493

 
$
121.41

Granted
79

 
87.16

Vested
26

 
114.77

Cancelled
421

 
124.01

Non-vested at January 29, 2017
125

 
$
92.32