XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.19.2

STOCK-BASED COMPENSATION | 6 Months Ended
--- | ---
Aug. 03, 2019
Share-based Payment Arrangement [Abstract] |
STOCK-BASED COMPENSATION | STOCK-BASED COMPENSATION The following table summarizes the Company’s stock-based compensation expense:
| Thirteen Weeks Ended |  | Twenty-six Weeks Ended
| August 3, 2019 |  | August 4, 2018 |  | August 3, 2019 |  | August 4, 2018
| (In thousands)
Deferred Awards | $ | 5,595 |  |  | $ | 3,533 |  |  | $ | 9,745 |  |  | $ | 7,346 |
Performance Awards | (2,081 | ) |  | 3,887 |  |  | 1,528 |  |  | 8,871 |
Total stock-based compensation expense (1) | $ | 3,514 |  |  | $ | 7,420 |  |  | $ | 11,273 |  |  | $ | 16,217 |
____________________________________________
(1) | During the Second Quarter 2019 and the Second Quarter 2018, approximately $0.9 million and $1.0 million, respectively, were included within cost of sales. During Year-To-Date 2019 and the Year-To-Date 2018, approximately $1.9 million and $1.9 million, respectively, were included within cost of sales (exclusive of depreciation and amortization). All other stock-based compensation is included in selling, general, and administrative expenses.
The Company recognized a tax benefit related to stock-based compensation expense of approximately $3.0 million and $4.3 million during Year-To-Date 2019 and Year-To-Date 2018, respectively. Changes in the Company’s Unvested Stock Awards during Year-To-Date 2019 Deferred Awards
| Number of Shares |  | Weighted Average Grant Date Fair Value
| (In thousands) |  |
Unvested Deferred Awards, beginning of period | 299 |  |  | $ | 99.98 |
Granted | 251 |  |  | 103.79 |
Vested | (116 | ) |  | 104.43 |
Forfeited | (20 | ) |  | 112.95 |
Unvested Deferred Awards, end of period | 414 |  |  | $ | 100.42 |
Total unrecognized stock-based compensation expense related to unvested Deferred Awards approximated $31.3 million as of August 3, 2019, which will be recognized over a weighted average period of approximately 2.0 years. Performance Awards
| Number of Shares (1) |  | Weighted Average Grant Date Fair Value
| (In thousands) |  |
Unvested Performance Awards, beginning of period | 352 |  |  | $ | 90.66 |
Granted | 194 |  |  | 99.57 |
Shares earned in excess of target | 181 |  |  | 75.83 |
Vested shares, including shares earned in excess of target | (349 | ) |  | 75.83 |
Forfeited | (9 | ) |  | 116.63 |
Unvested Performance Awards, end of period | 369 |  |  | $ | 101.51 |
____________________________________________
(1) | For those awards in which the performance period is complete, the number of unvested shares is based on actual shares that will vest upon completion of the service period.
For those awards in which the performance period is not yet complete, the number of unvested shares in the table above is based on the participants earning their Target Shares at 100%. However, the cumulative expense recognized reflects changes in estimated adjusted earnings per share, adjusted operating margin expansion, adjusted return on invested capital, and ranking of our adjusted return on investment capital relative to that of companies in our peer group as they occur. Total unrecognized stock-based compensation expense related to unvested Performance Awards approximated $21.0 million as of August 3, 2019, which will be recognized over a weighted average period of approximately 2.1 years.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration