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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Feb. 04, 2018
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 stock options granted during 2017, 2016 and 2015:
 
2017
 
2016
 
2015
Weighted average risk-free interest rate
2.10
%
 
1.45
%
 
1.54
%
Weighted average expected stock option term (in years)
6.25

 
6.25

 
6.25

Weighted average Company volatility
29.46
%
 
34.54
%
 
36.26
%
Expected annual dividends per share
$
0.15

 
$
0.15

 
$
0.15

Weighted average grant date fair value per stock option
$
33.50

 
$
35.62

 
$
40.20


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 stock option term. The expected stock option term represents the weighted average period of time that stock options granted are expected to be outstanding, based on vesting schedules and the contractual term of the stock options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected stock option term. Expected dividends are based on the Company’s common stock cash dividend rate at the date of grant.
Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock option activity for the year was as follows:
(In thousands, except years and per stock option data)
Stock Options
 
Weighted Average Exercise
Price Per Stock Option
 
Weighted Average Remaining Contractual Life (Years)
 
Aggregate Intrinsic Value
Outstanding at January 29, 2017
1,466

 
$
75.74

 
5.3
 
$
34,996

Granted
142

 
101.94

 

 


Exercised
671

 
44.32

 

 


Cancelled
16

 
105.98

 

 


Outstanding at February 4, 2018
921

 
$
102.18

 
6.6
 
$
45,020

Exercisable at February 4, 2018
501

 
$
100.93

 
5.3
 
$
25,109

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 29, 2017
812

 
$
105.96

Granted
445

 
103.28

Vested
263

 
109.04

Cancelled
77

 
104.48

Non-vested at February 4, 2018
917

 
$
103.90

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
 
 
2017
 
2016
 
2015
Risk-free interest rate
 
1.49
%
 
1.04
%
 
0.90
%
Expected Company volatility
 
31.29
%
 
28.33
%
 
29.10
%
Expected annual dividends per share
 
$
0.15

 
$
0.15

 
$
0.15

Weighted average grant date fair value per PSU
 
$
96.81

 
$
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 29, 2017
125

 
$
92.32

Granted
72

 
96.81

Vested

 

Cancelled

 

Non-vested at February 4, 2018
197

 
$
93.97