XML 28 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Share-Based Compensation (Tables)
6 Months Ended
Jul. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
Stock option activity under the Plan was as follows:
 
Options
Outstanding
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in years)
Balance as of January 30, 2016
1,088,674

 
$
26.31

 
7.5
Granted
51,611

 
39.30

 
 
Forfeited
(14,313
)
 
38.99

 
 
Exercised
(196,281
)
 
13.30

 
 
Balance as of July 30, 2016
929,691

 
29.58

 
7.2
Exercisable as of July 30, 2016
535,017

 
$
25.84

 
6.4
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of each option award granted to employees, including outside directors, is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:
 
Thirteen Weeks Ended
July 30, 2016
 
August 1, 2015
Expected volatility
47.6
%
 
47.0
%
Risk-free interest rate
1.6
%
 
1.8
%
Expected life of options
6.4 years

 
6.4 years

Expected dividend yield
%
 
%
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
RSU and PSU activity during the twenty-six weeks ended July 30, 2016 was as follows:
 
Restricted Stock Units
 
Performance-Based Restricted Stock Units
 
Number
 
Weighted-Average Grant Date Fair Value
 
Number
 
Weighted-Average Grant Date Fair Value
Non-vested balance as of January 30, 2016
211,682

 
$
33.47

 
477,463

 
$
36.48

Granted
107,878

 
40.70

 
127,160

 
39.22

Vested
(39,552
)
 
38.52

 
(77,260
)
 
38.83

Forfeited
(12,812
)
 
34.48

 

 

Non-vested balance as of July 30, 2016
267,196

 
$
35.59

 
527,363

 
$
36.80