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EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Jan. 31, 2015
EQUITY AND SHARE-BASED COMPENSATION PLANS  
Summary of DSU activity

 

                                                                                                                                                                                    

 

 

Shares

 

Weighted-Average
Grant-Date Fair Value

 

 

 

Time-
Based

 

Performance-
Based(2) 

 

Time-
Based

 

Performance-
Based

 

Non-Vested at February 1, 2014

 

 

573,042

 

 

82,558

 

$

32.95

 

$

33.09

 

Granted

 

 

259,908

 

 

92,728

 

 

47.78

 

 

53.22

 

Vested(1)

 

 

(419,283

)

 

(1,134

)

 

32.81

 

 

33.09

 

Forfeited

 

 

(35,149

)

 

(3,363

)

 

39.64

 

 

37.07

 

​  

​  

​  

​  

Non-Vested at January 31, 2015

 

 

378,518

 

 

170,789

 

$

42.67

 

$

43.94

 

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(1)

Includes 142,286 shares relinquished for tax payments related to vested DSUs in fiscal 2014.

(2)

Includes 18,789 of performance-based DSU's and 73,939 of performance units, respectively, which are further described below.

 

Summary of additional information about DSUs

 

                                                                                                                                                                                    

 

 

Fiscal Year

 

 

 

2014

 

2013

 

2012

 

DSUs issued

 

 

352,636 

 

 

559,489 

 

 

350,284 

 

Weighted average grant date fair value

 

$

49.21 

 

$

33.26 

 

$

39.37 

 

 

Summary of restricted stock activity

 

                                                                                                                                                                                    

 

 

Shares

 

Weighted-
Average
Grant-Date
Fair Value

 

Non-Vested at February 1, 2014

 

 

80,919

 

$

31.36

 

Granted

 

 

30,116

 

 

49.36

 

Vested

 

 

(43,245

)

 

36.12

 

Forfeited

 

 

 

 

—  

 

​  

​  

Non-Vested at January 31, 2015

 

 

67,790

 

$

37.05

 

​  

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​  

​  

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Summary of additional information about restricted stock

 

                                                                                                                                                                                    

 

 

Fiscal Year

 

 

 

2014

 

2013

 

2012

 

Restricted stock issued

 

 

30,116 

 

 

23,577 

 

 

22,407 

 

Weighted average grant date fair value

 

$

49.36 

 

$

40.29 

 

$

31.23 

 

Fair value of shares vested (in millions)

 

$

1.6 

 

$

1.3 

 

$

1.2 

 

 

Summary of stock option activity

 

                                                                                                                                                                                    

 

 

Number of
Shares

 

Weighted-
Average
Exercise Price

 

Weighted-
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value
(in thousands)

 

Options outstanding at February 1, 2014

 

 

645,990

 

$

28.80

 

 

 

 

 

 

Granted

 

 

256,790

 

 

49.13

 

 

 

 

 

 

Exercised

 

 

(174,340

)

 

26.10

 

 

 

 

 

 

Forfeited

 

 

(68,157

)

 

20.51

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

​  

​  

Outstanding at January 31, 2015

 

 

660,283

 

$

38.28

 

6.3 Years

 

$

6,087

 

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Vested or expected to vest at January 31, 2015

 

 

647,406

 

$

38.09

 

6.2 Years

 

$

6,068

 

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Exercisable at January 31, 2015

 

 

270,222

 

$

31.82

 

4.4 Years

 

$

3,960

 

​  

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Weighted-average assumptions used to calculate fair value of stock options

 

                                                                                                                                                                                    

 

 

Fiscal Year

 

 

 

2014

 

2013

 

2012

 

Risk-free interest rates

 

 

1.79 

%

 

0.76 

%

 

1.09 

%

Expected lives

 

 

5.0 years

 

 

5.0 years

 

 

5.0 years

 

Dividend yield

 

 

1.58 

%

 

2.20 

%

 

2.07 

%

Expected volatility

 

 

42.77 

%

 

55.00 

%

 

58.67 

%