Share-Based Compensation Plans (Tables)

6 Months Ended

Aug. 03, 2013

Share-Based Compensation Plans

Summary of activity of time-based and performance-based deferred stock units

The following table summarizes the activity of time-based and performance-based deferred stock units for the six months ended August 3, 2013:

	Shares				Weighted-Average Grant-Date Fair Value
	Time- Based		Performance- Based		Time- Based		Performance- Based
Non-Vested at February 2, 2013	471,369		—		$	36.22	$	—
Granted	449,595		97,668		33.09		33.09
Vested (1)	(325,763	)	—		38.19		—
Forfeited	(22,778	)	(15,110	)	32.39		33.09
Non-Vested at August 3, 2013	572,423		82,558		$	32.80	$	33.09

(1) Includes 110,740 shares relinquished for tax payments related to vested deferred stock units for the six months ended August 3, 2013.

Summary of restricted stock activity

	Shares		Weighted- Average Grant-Date Fair Value
Non-Vested at February 2, 2013	99,847		$	28.55
Granted	11,971		37.59
Vested	(32,695	)	29.44
Forfeited	—		—
Non-Vested at August 3, 2013	79,123		$	29.54

Summary of stock option activity

	Shares		Weighted- Average Exercise Price
Outstanding at February 2, 2013	1,024,768		$	25.54
Granted	19,080		33.09
Exercised	(210,977	)	18.78
Forfeited	(25,012	)	19.58
Expired	(5	)	7.97
Outstanding at August 3, 2013	807,854		$	27.67
Exercisable at August 3, 2013	496,348		$	26.80

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

	For the Six Months Ended
	August 3,  2013
Risk-free interest rate	0.76	%
Expected lives	5.0 years
Dividend yield	2.20	%
Expected volatility	55.00	%