Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation Plans (Tables)

v3.5.0.2
Share-Based Compensation Plans (Tables)
9 Months Ended
Oct. 29, 2016
Share-Based Compensation Plans  
Summary of time-based and performance-based awards activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

Units

 

Grant-Date Fair Value

 

 

 

Time-

 

Performance-

 

Time-

 

Performance-

 

 

    

Based

    

Based

    

Based

    

Based

 

Non-Vested at January 30, 2016

 

478,106

 

168,656

 

$

49.60

 

$

47.87

 

Granted

 

830,002

 

258,168

 

 

16.68

 

 

17.43

 

Vested(1)

 

(216,936)

 

 —

 

 

49.01

 

 

 —

 

Forfeited

 

(24,426)

 

(59,943)

 

 

39.49

 

 

33.72

 

Non-Vested at October 29, 2016

 

1,066,746

 

366,881

 

$

24.34

 

$

28.76

 


(1)

Includes 71,896 shares relinquished for tax payments related to vested deferred stock units for the nine months ended October 29, 2016.

Summary of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-
Average

 

 

    

Shares

    

Grant-Date
Fair Value

 

Non-Vested at January 30, 2016

 

33,157

 

$

27.93

 

Granted

 

18,646

 

 

17.37

 

Vested

 

(6,951)

 

 

58.44

 

Forfeited

 

 —

 

 

 —

 

Non-Vested at October 29, 2016

 

44,852

 

$

18.81

 

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

Number of

 

Average

 

 

    

Shares

    

Exercise Price

 

Outstanding at January 30, 2016

 

681,117

 

$

39.65

 

Granted

 

593,509

 

 

17.43

 

Exercised

 

 —

 

 

 —

 

Forfeited

 

(3,051)

 

 

48.31

 

Expired

 

(1,525)

 

 

48.31

 

Outstanding at October 29, 2016

 

1,270,050

 

$

29.23

 

Exercisable at October 29, 2016

 

450,630

 

$

36.25

 

 

Weighted-average assumptions used to calculate fair value of stock options

 

 

 

 

 

 

For the Nine Months Ended

 

 

 

October 29,

 

 

    

2016

 

Risk-free interest rates

 

1.22%

 

Expected lives

 

5.0 years

 

Dividend yield

 

4.13%

 

Expected volatility

 

47.95%