v2.4.0.6
Equity Based Employee Benefit Plans (Tables)
6 Months Ended
Jul. 28, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
The following table summarizes activity related to nonqualified stock options and Restricted Shares in the first half of 2012:
 
 
Nonqualified Stock Options
 
Restricted Shares (1)
 
 
Number of Shares
 
Weighted Average Exercise Price per Share
 
Number of Shares
 
Weighted Average Grant Date Fair Value per Share
Outstanding at January 28, 2012
 
45,995,348

 
$
19.89

 
16,799,262

 
$
18.13

Granted
 
2,478,921

 
13.03

 
4,548,772

 
13.13

Exercised/Released
 
(1,462,782
)
 
11.43

 
(5,188,156
)
 
20.11

Canceled
 
(2,210,790
)
 
19.87

 
(1,318,571
)
 
20.13

Outstanding at July 28, 2012
 
44,800,697

 
$
19.79

 
14,841,307

 
$
15.73

 
 
 
 
 
 
 
 
 
Exercisable at July 28, 2012
 
34,908,337

 
$
20.72

 
 
 
 
Vested or expected to vest at July 28, 2012
 
43,790,123

 
$
19.85

 
 
 
 

(1)
Restricted Shares do not include 0.5 million special performance and retention shares ("Performance Shares") which Staples granted to certain employees in 2010 with a fair market value of $19.27 per share. Performance Shares are awards under which restricted stock is issued only if the Company meets minimum performance targets. The fair value of Performance Shares is based upon the market price of the underlying common stock as of the date of grant.