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Share-Based Compensation (Tables)
 12 Months Ended
Feb. 01, 2020
Share-based Payment Arrangement [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 2020, fiscal 2019 and fiscal 2018 (in thousands):
 
Year Ended
 
Year Ended
 
Year Ended
 
Feb 1, 2020
 
Feb 2, 2019
 
Feb 3, 2018
Stock options
$
2,811

 
$
2,563

 
$
2,345

Stock awards/units
21,250

 
17,187

 
16,347

ESPP
229

 
223

 
160

Total share-based compensation expense
$
24,290

 
$
19,973

 
$
18,852
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 2020:
 
Number of Shares
 
Weighted Average
Exercise Price
 
Weighted Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value ($000’s)
Options outstanding at February 2, 2019
3,580,909

 
$
20.71

 
 
 
 

Granted
1,812,800

 
$
17.02

 
 
 
 

Exercised
(455,781
)
 
$
14.57

 
 
 
 

Forfeited
(1,145,066
)
 
$
18.82

 
 
 
 

Expired
(248,775
)
 
$
23.19

 
 
 
 

Options outstanding at February 1, 2020
3,544,087

 
$
20.10

 
7.02
 
$
13,102

 
 
 
 
 
 
 
 
Exercisable at February 1, 2020
1,537,712

 
$
24.34

 
4.53
 
$
4,152
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 2020, fiscal 2019 and fiscal 2018:
 
Year Ended
 
Year Ended
 
Year Ended
Valuation Assumptions
Feb 1, 2020
 
Feb 2, 2019
 
Feb 3, 2018
Risk-free interest rate
2.3
%
 
2.3
%
 
1.5
%
Expected stock price volatility
48.9
%
 
46.1
%
 
37.1
%
Expected dividend yield
3.4
%
 
4.3
%
 
8.0
%
Expected life of stock options
4.4 years

 
4.4 years

 
4.4 years
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 2020:
 
Number of
Awards/Units
 
Weighted
Average
Grant Date
Fair Value
Nonvested at February 2, 2019
2,632,169

 
$
16.04

Granted
1,073,555

 
$
19.14

Vested
(960,846
)
 
$
17.27

Forfeited
(647,625
)
 
$
17.27

Nonvested at February 1, 2020
2,097,253

 
$
16.68
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 2020:
 
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 February 2, 2019
1,371,230

 
$
16.44

 
518,409

 
$
14.28

Granted1
455,339

 
$
18.33

 
17,557

 
$
15.20

Vested1
(222,308
)
 
$
17.53

 
(158,014
)
 
$
15.20

Forfeited
(464,238
)
 
$
17.24

 
(89,750
)
 
$
15.58

Nonvested at February 1, 2020
1,140,023

 
$
16.66

 
288,202

 
$
13.43


______________________________________________________________________
1 
As a result of the achievement of certain market-based vesting conditions, there were 17,557 shares that vested in addition to the original target number of shares granted in fiscal 2017.
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. There were no new market-based nonvested stock units granted during fiscal 2020. The following assumptions were used for the grants during fiscal 2019 and fiscal 2018:
 
Year Ended
 
Year Ended
Valuation Assumptions
Feb 2, 2019
 
Feb 3, 2018
Risk-free interest rate
2.6
%
 
1.4
%
Expected stock price volatility
42.1
%
 
39.7
%
Expected dividend yield
—
%
 
—
%
Expected life of market-based awards
2.6 years

 
2.8 years
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 2020, fiscal 2019 and fiscal 2018.
 
Year Ended
 
Year Ended
 
Year Ended
Valuation Assumptions
Feb 1, 2020
 
Feb 2, 2019
 
Feb 3, 2018
Risk-free interest rate
2.0
%
 
2.0
%
 
1.0
%
Expected stock price volatility
51.7
%
 
59.1
%
 
45.8
%
Expected dividend yield
3.4
%
 
4.6
%
 
7.6
%
Expected life of ESPP options
3 months

 
3 months

 
3 months