Share-Based Compensation (Tables)

12 Months Ended

Feb. 03, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share-based compensation expense recognized under all of the Company's stock plans

The following table summarizes the share-based compensation expense recognized under all of the Company’s stock plans during fiscal 2018, fiscal 2017 and fiscal 2016 (in thousands):

	Year Ended		Year Ended		Year Ended
	Feb 3, 2018		Jan 28, 2017		Jan 30, 2016
Stock options	$	2,345	$	2,219	$	2,113
Stock awards/units	16,347		14,544		16,604
ESPP	160		145		163
Total share-based compensation expense	$	18,852	$	16,908	$	18,880

Schedule of stock option activity under all of the Company's stock plans

The following table summarizes the stock option activity under all of the Company’s stock plans during fiscal 2018:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000’s)
Options outstanding at January 28, 2017	2,857,012		$	24.30
Granted	1,283,175		11.22
Exercised	(123,775	)	11.22
Forfeited	(88,625	)	25.39
Expired	(15,375	)	41.14
Options outstanding at February 3, 2018	3,912,412		$	20.33	4.79	$	3,930
Exercisable at February 3, 2018	2,232,456		$	24.56	6.52	$	668
Options exercisable and expected to vest at February 3, 2018	3,912,412		$	20.33	4.79	$	3,930

Schedule of weighted average assumptions used for stock option grants

The fair value of each stock option was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions used for grants during fiscal 2018, fiscal 2017 and fiscal 2016:

	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 3, 2018		Jan 28, 2017		Jan 30, 2016
Risk-free interest rate	1.5	%	1.0	%	1.0	%
Expected stock price volatility	37.1	%	35.4	%	36.7	%
Expected dividend yield	8.0	%	4.8	%	4.7	%
Expected life of stock options (in years)	4.4		4.2		3.8

Schedule of nonvested stock awards/units activity under all of the Company's stock plans

The following table summarizes the nonvested stock awards/units activity under all of the Company’s stock plans during fiscal 2018:

	Number of Awards/Units		Weighted Average Grant Date Fair Value
Nonvested at January 28, 2017	1,686,204		$	18.80
Granted	1,969,619		11.41
Vested	(1,052,796	)	17.52
Forfeited	(138,461	)	14.94
Nonvested at February 3, 2018	2,464,566		$	13.66

Schedule of activity for nonvested performance-based units and nonvested market-based units

The following table summarizes the activity for nonvested performance-based units and nonvested market-based units included in the table above during fiscal 2018:

	Performance-Based Units				Market-Based Units
	Number of Units		Weighted Average Grant Date Fair Value		Number of Units		Weighted Average Grant Date Fair Value
Nonvested at January 28, 2017	787,849		$	19.17	323,825		$	16.63
Granted	818,416		11.17		309,118		12.03
Vested	(290,645	)	19.85		(244,466	)	17.72
Forfeited	(14,699	)	16.60		—		—
Nonvested at February 3, 2018	1,300,921		$	14.01	388,477		$	12.28

Schedule of assumptions used for market-based nonvested stock units

The fair value of each market-based nonvested stock unit was estimated on the grant date using the Monte Carlo simulation with the following assumptions used for the grants during fiscal 2018, fiscal 2017 and fiscal 2016:

	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 3, 2018		Jan 28, 2017		Jan 30, 2016
Risk-free interest rate	1.4	%	0.9	%	0.9	%
Expected stock price volatility	39.7	%	36.2	%	38.6	%
Expected dividend yield	—	%	—	%	—	%
Expected life of market-based awards (in years)	2.8		2.8		2.8

Schedule of weighted average assumptions used for ESPP

The fair value of stock compensation expense associated with the Company’s ESPP was estimated on the date of grant using the Black-Scholes option-pricing valuation model with the following weighted average assumptions used for grants during fiscal 2018, fiscal 2017 and fiscal 2016.

	Year Ended		Year Ended		Year Ended
Valuation Assumptions	Feb 3, 2018		Jan 28, 2017		Jan 30, 2016
Risk-free interest rate	1.0	%	0.3	%	0.1	%
Expected stock price volatility	45.8	%	41.1	%	34.9	%
Expected dividend yield	7.6	%	6.2	%	4.7	%
Expected life of ESPP options (in months)	3		3		3