v2.4.0.6
Equity Based Employee Benefit Plans (Tables)
 12 Months Ended
Jan. 28, 2012
Equity Based Employee Benefit Plans Disclosure [Abstract]  
Informatioin with respect to stock options granted
Information with respect to stock options granted under the above plans is as follows:
 
 
Number of
Shares
 
Weighted-Average
Exercise Price
Per Share
 
Weighted-Average Remaining Contractual Term in Years
 
Aggregate Intrinsic Value (1)
(in thousands)
Outstanding at January 29, 2011
 
44,813,257

 
$
19.86

 
 
 
 
Granted
 
6,086,065

 
15.90

 
 
 
 
Exercised
 
(3,251,293
)
 
11.31

 
 
 
 
Canceled
 
(1,652,681
)
 
21.27

 
 
 
 
Outstanding at January 28, 2012
 
45,995,348

 
$
19.89

 
5.35

 
$
18,713

Exercisable at January 28, 2012
 
32,768,260

 
$
20.51

 
4.11

 
$
18,103

Vested or expected to vest at January 28, 2012
 
44,393,242

 
$
19.94

 
5.25

 
$
18,711

(1)
The intrinsic value of the nonqualified stock options is the amount by which the market value of the underlying stock exceeds the exercise price of an option.
Fair value of options granted, weighted average assumptions
The fair value of options granted in each year was estimated at the date of grant using the following weighted-average assumptions:
 
 
2011
 
2010
 
2009
Risk free interest rate
 
2.1
%
 
2.3
%
 
2.1
%
Expected dividend yield
 
1.4
%
 
1.3
%
 
1.1
%
Expected stock volatility
 
28
%
 
31
%
 
35
%
Expected life of options
 
5.5 years

 
5.4 years

 
5.3 years
Summary of the grants of Restricted Stock
The following table summarizes the Company's grants of Restricted Shares in 2011:
 
 
Number of
Shares
 
Weighted-Average
Grant Date Fair
Value Per Share
Nonvested at January 29, 2011
 
14,271,158

 
$
20.62

Granted
 
8,377,845

 
15.93

Vested
 
(4,519,697
)
 
21.72

Canceled
 
(1,330,044
)
 
18.78

Nonvested at January 28, 2012
 
16,799,262

 
$
18.13