Stock-based Compensation (Tables)

6 Months Ended

Jul. 30, 2016

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation Expense [Table Text Block]

The following table summarizes stock-based compensation expense:



	Six months ended
	July 30, 2016		August 1, 2015

	(in thousands)
Stock options	$	3,224	$	3,626
Restricted stock units	1,870		1,401
Performance-based restricted stock units	1,232		1,702
Director stock units	990		926
Total	$	7,316	$	7,655

Stock Option Plan Activity

The following table summarizes all stock-based compensation activity:



	Six months ended
	July 30, 2016
	Stock Options		RSUs		PSUs		DSUs

	(in thousands)
Outstanding, beginning of period	3,849		372		293		305
Granted	835		181		112		52
Exercised/units vested	(37	)	(83	)	(133	)	(58	)
Forfeited	(251	)	(51	)	(27	)	—
Outstanding, end of period	4,396		419		245		299
Exercisable, end of period	2,388		—		—		—

Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]

The following table summarizes the total compensation cost related to nonvested shares not yet recognized and the weighted average expense recognition period remaining (amounts in thousands):



	Six months ended
	July 30, 2016
	Stock Options		RSUs		PSUs
Unrecognized compensation cost	$	14,781	$	8,201	$	4,952
Weighted average expense recognition period	2.2 years		2.0 years		2.1 years

Weighted-average Assumptions Used for Options Granted

The following table illustrates the weighted average assumptions used in the Black-Scholes pricing model for options granted in each of the periods presented:



	Six months ended
Assumptions:	July 30, 2016	August 1, 2015
Risk-free interest rate	1.5%	1.4%
Expected volatility of DSW Inc. Common Shares	36.0%	37.9%
Expected option term	5.4 years	5.1 years
Dividend yield	3.0%	2.1%
Other Data:
Weighted average grant date fair value	$6.59	$10.22