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EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Feb. 01, 2020
Summary of time-based and performance-based awards activity

Weighted-Average

 

Units

Grant-Date Fair Value

 

Time-

Performance-

Time-

Performance-

 

    

Based

    

Based

    

Based

    

Based

 

Non-Vested at February 2, 2019

939,086

 

336,906

$

22.60

$

18.59

Granted

 

164,662

 

 

5.53

 

Vested(1)

 

(487,020)

 

(73,064)

 

21.61

 

23.27

Forfeited

 

(145,219)

 

(98,030)

 

22.11

 

17.25

Non-Vested at February 1, 2020

 

471,509

 

165,812

$

17.81

$

17.33

(1)Includes 173,360 shares relinquished for tax payments related to vested DSUs in fiscal 2019.
Summary of additional information about DSUs

Fiscal Year

 

    

2019

    

2018

    

2017

 

DSUs issued

164,662

941,328

1,015,236

Weighted average grant date fair value

$

5.53

$

26.81

$

11.47

Stock Options  
Summary of activity

Weighted-

 

Average

Aggregate

 

Weighted-

Remaining

Intrinsic

 

Number of

Average

Contractual

Value

 

    

Shares

    

Exercise Price

 

Term

    

(in thousands)

 

Outstanding at February 2, 2019

 

1,252,072

$

23.64

Granted

 

3,258,797

 

7.42

Exercised

 

 

Forfeited

 

(415,327)

10.44

Expired

 

(142,955)

26.98

Outstanding at February 1, 2020

 

3,952,587

$

11.53

 

8.5

Years  

$

Vested and expected to vest at February 1, 2020

 

3,814,766

$

11.68

 

8.4

Years  

$

Exercisable at February 1, 2020

 

830,093

$

24.59

 

5.8

Years  

$

Stock Appreciation Rights ("SARs")  
Summary of activity

The following table summarizes the activity of SARs during fiscal 2019:

Average

Aggregate

Weighted-

Remaining

Intrinsic

Number of

Average

Contractual

Value

    

Shares

    

Exercise Price

 

Term

    

(in thousands)

Outstanding at February 2, 2019

 

$

Granted

 

414,476

 

7.62

Exercised

 

 

Forfeited

 

 

Expired

 

 

Outstanding at February 1, 2020

 

414,476

$

7.62

 

9.2

Years  

$

Vested and expected to vest at February 1, 2020

 

414,476

$

7.62

 

9.2

Years  

$

Exercisable at February 1, 2020

 

$

 

Years  

$

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

Fiscal Year

 

2019

    

2018

    

2017

 

Risk-free interest rate

2.35%

2.70%

1.75%

Expected lives

5.0 years

5.0 years

5.0 years

Dividend yield(1)

4.09%

4.21%

4.69%

Expected volatility

62.65%

56.55%

55.12%

(1)Awards granted after announcement of the suspension of our dividend assume a dividend yield of 0%.
Cash Settled Awards  
Summary of share-based compensation of cash settled awards

The following table summarizes the activity of cash settled awards during fiscal 2019 (in thousands):

 

Cash Settled Awards

Non-Vested at February 2, 2019

 

$

5,072

Granted

 

4,480

Vested

 

(2,426)

Forfeited

 

(906)

Non-Vested at February 1, 2020

 

$

6,220