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Share-Based Compensation (Tables) | 12 Months Ended
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Jan. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Share-Based Compensation Expense Included in Selling, General and Administrative Expenses in Consolidated Statements of Income | Share-based compensation expense, included in “Selling, general and administrative expenses” in the Consolidated Statements of Income, for the fiscal years ended January 31, 2018, 2017 and 2016 was as follows:
|  | Fiscal Year Ended January 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Stock Options |  | $ | 897 |  |  | $ | 1,002 |  |  | $ | 841 |
Stock Appreciation Rights |  |  | 142 |  |  |  | 240 |  |  |  | 1,295 |
Performance Stock Units (1)(2)(3) |  |  | 3,562 |  |  |  | 12,349 |  |  |  | 13,464 |
Restricted Stock Units |  |  | 9,916 |  |  |  | 4,700 |  |  |  | 23 |
Total |  | $ | 14,517 |  |  | $ | 18,291 |  |  | $ | 15,623 |
(1) | Includes the reversal of $11,515 of previously recognized compensation expense in fiscal 2018, related to 871,779 PSU’s that will not vest as the achievement of the related performance target is not probable.
(2) | Includes the reversal of $7,908 of previously recognized compensation expense in fiscal 2017, related to 505,510 PSU’s that will not vest as the achievement of the related performance target is not probable.
(3) | Includes the reversal of $967 of previously recognized compensation expense in fiscal 2016, related to 50,004 PSU’s that will not vest as the achievement of the related performance target is not probable.
Assumptions Used to Estimate Fair Value of Stock Options | The following weighted-average assumptions were used in the Model to estimate the fair value of stock options at the date of grant:
|  | Fiscal Year Ended January 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Expected life, in years |  |  | 3.4 |  |  |  | 3.4 |  |  |  | 3.5 |
Risk-free interest rate |  |  | 1.6 | % |  |  | 0.9 | % |  |  | 1.2 | %
Volatility |  |  | 40.2 | % |  |  | 34.2 | % |  |  | 32.5 | %
Dividend rate |  |  | — |  |  |  | — |  |  |  | — |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity for the fiscal year ended January 31, 2018:
|  | Shares |  |  | Weighted- Average Exercise Price |  |  | Weighted- Average Contractual Terms (years) |  |  | Aggregate Intrinsic Value |
Awards outstanding at beginning of year |  |  | 908,250 |  |  | $ | 34.45 |  |  |  | 3.1 |  |  | $ | 75 |
Granted |  |  | 160,000 |  |  |  | 18.89 |  |  |  |  |  |  |  |  |
Exercised |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
Forfeited or Expired |  |  | (168,250 | ) |  |  | 32.74 |  |  |  |  |  |  |  |  |
Awards outstanding at end of year |  |  | 900,000 |  |  |  | 32.01 |  |  |  | 3.4 |  |  | $ | 3,933 |
Awards outstanding fully vested and expected to vest |  |  | 900,000 |  |  |  | 32.01 |  |  |  | 3.4 |  |  | $ | 3,933 |
Awards exercisable at end of year |  |  | 740,000 |  |  | $ | 34.84 |  |  |  | 2.7 |  |  | $ | 1,498 |
Summary of Information Concerning Outstanding and Exercisable Stock Options | The following table summarizes other information related to stock options during the years ended January 31, 2018, 2017 and 2016:
|  | Fiscal Year Ended January 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Weighted-average grant date fair value—per share |  | $ | 5.37 |  |  | $ | 7.31 |  |  | $ | 7.46 |
Intrinsic value of awards exercised |  | $ | — |  |  | $ | 1,566 |  |  | $ | 14,193 |
Net cash proceeds from the exercise of stock options |  | $ | — |  |  | $ | 4,096 |  |  | $ | 46,400 |
Summary of Stock Appreciation Right Activity | The following table summarizes the Company’s SAR activity for the fiscal year ended January 31, 2018:
|  | Awards |  |  | Weighted- Average Exercise Price |  |  | Weighted- Average Remaining Contractual Term (years) |  |  | Aggregate Intrinsic Value |
Awards outstanding at beginning of year |  |  | 231,325 |  |  | $ | 32.69 |  |  |  | 2.5 |  |  | $ | — |
Granted |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
Exercised |  |  | (3,175 | ) |  |  | 32.80 |  |  |  |  |  |  |  |  |
Forfeited or Expired |  |  | (13,175 | ) |  |  | 32.80 |  |  |  |  |  |  |  |  |
Awards outstanding at end of year |  |  | 214,975 |  |  |  | 32.69 |  |  |  | 1.6 |  |  | $ | 493 |
Awards outstanding fully vested and expected to vest |  |  | 214,975 |  |  |  | 32.69 |  |  |  | 1.6 |  |  | $ | 493 |
Awards exercisable at end of year |  |  | 203,849 |  |  | $ | 32.45 |  |  |  | 1.5 |  |  | $ | 493 |
Summary of Other Information Related to SAR's | The following table summarizes other information related to SAR’s during the years ended January 31, 2018, 2017 and 2016:
|  | Fiscal Year Ended January 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Intrinsic value of awards exercised |  | $ | 5 |  |  | $ | 566 |  |  | $ | 7,386 |
Summary of Performance Share Units Activity | The following table summarizes the Company’s PSU activity for the fiscal year ended January 31, 2018:
|  | Shares |  |  | Weighted- Average Fair Value |
Non-vested awards outstanding at beginning of year |  |  | 3,050,734 |  |  | $ | 17.98 |
Granted |  |  | 390,000 |  |  |  | 23.38 |
Vested |  |  | (200,000 | ) |  |  | 29.58 |
Forfeited |  |  | (573,473 | ) |  |  | 22.47 |
Non-vested awards outstanding at end of year |  |  | 2,667,261 |  |  | $ | 21.84 |
Summary of Restricted Stock Units Activity | The following table summarizes the Company’s RSU activity for the fiscal year ended January 31, 2018:
|  | Shares |  |  | Weighted- Average Fair Value |
Non-vested awards outstanding at beginning of year |  |  | 531,500 |  |  | $ | 28.17 |
Granted |  |  | 621,500 |  |  |  | 26.01 |
Vested |  |  | — |  |  |  | — |
Forfeited |  |  | (61,500 | ) |  |  | 27.49 |
Non-vested awards outstanding at end of year |  |  | 1,091,500 |  |  | $ | 26.92 |

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- Definition Tabular disclosure for share-based compensation plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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