v3.6.0.2
Stock-based Compensation (Tables)
12 Months Ended
Jan. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

Stock-based compensation expense consisted of the following:
 
Fiscal
 
2016
 
2015
 
2014
 
(in thousands)
Stock options
$
5,788

 
$
5,532

 
$
5,827

Restricted stock units
3,342

 
2,953

 
2,097

Performance-based restricted stock units
2,317

 
3,979

 
1,324

Director stock units
1,240

 
1,037

 
1,247

 
$
12,687

 
$
13,501

 
$
10,495

Weighted-average Assumptions Used for Options Granted
The fair value for stock option awards was estimated at the grant date using the Black-Scholes pricing model with the following weighted average assumptions for options granted:
 
Fiscal
 
2016
 
2015
 
2014
Assumptions:
 
 
 
 
 
Risk-free interest rate
1.5%
 
1.4%
 
1.8%
Expected volatility
36.0%
 
37.9%
 
44.5%
Expected option term
5.4 years
 
5.1 years
 
5.4 years
Dividend yield
3.0%
 
2.1%
 
2.3%
Other Data:
 
 
 
 
 
Weighted average grant date fair value
$6.58
 
$8.87
 
$11.82
Stock Option Plan Activity

The following table summarizes the activity for outstanding stock options for fiscal 2016:
 
Shares Subject to Options
 
Weighted Average Exercise Price per Share
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
 
(in thousands)
 
 
 
(in years)
 
(in thousands)
Outstanding - beginning of year
3,849

 
$
25.56

 
 
 
 
Granted
850

 
$
26.89

 
 
 
 
Exercised
(410
)
 
$
15.30

 
 
 
 
Forfeited
(490
)
 
$
29.80

 
 
 
 
Outstanding - end of year
3,799

 
$
26.42

 
6.6 years
 
$
6,317

Vested and expected to vest - end of year
3,590

 
$
26.21

 
6.5 years
 
$
6,317

Exercisable - end of year
1,986

 
$
23.31

 
4.9 years
 
$
6,317

Restricted Stock Unit Activity
The following table summarizes the activity for unvested RSUs for fiscal 2016:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
Outstanding - beginning of year
372

 
$
31.83

Granted
195

 
$
26.52

Vested
(129
)
 
$
31.33

Forfeited
(87
)
 
$
29.97

Outstanding - end of year
351

 
$
29.60

Performance Based Restricted Stock Units Activity [Table Text Block]
The following table summarizes the activity for unvested PSUs for fiscal 2016:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
Outstanding - beginning of year
293

 
$
28.70

Granted
116

 
$
26.62

Vested
(133
)
 
$
25.76

Forfeited
(26
)
 
$
30.18

Outstanding - end of year
250

 
$
29.46

Director Stock Unit Activity
The following table summarizes the activity for unvested DSUs for fiscal 2016:
 
Number of Shares
 
(in thousands)
Outstanding - beginning of year
305

Granted
69

Exercised
(63
)
Outstanding - end of year
311