Annual report pursuant to Section 13 and 15(d)

EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)

v3.6.0.2
EQUITY AND SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Jan. 28, 2017
EQUITY AND SHARE-BASED COMPENSATION PLANS  
Summary of DSU activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

Shares

 

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

 

866,520

 

448,620

 

 

17.12

 

 

21.51

 

Vested(1)

 

(231,267)

 

 —

 

 

47.85

 

 

 —

 

Forfeited

 

(51,394)

 

(93,328)

 

 

31.84

 

 

31.16

 

Non-Vested at January 28, 2017

 

1,061,965

 

523,948

 

$

24.31

 

$

28.28

 


(1)

Includes 76,485 shares relinquished for tax payments related to vested DSUs in fiscal 2016.

Summary of additional information about DSUs

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

    

2016

    

2015

    

2014

 

DSUs issued

 

 

1,315,140

 

 

397,811

 

 

352,636

 

Weighted average grant date fair value

 

$

18.61

 

$

53.03

 

$

49.21

 

 

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

 

(14,925)

 

 

45.29

 

Forfeited

 

 —

 

 

 —

 

Non-Vested at January 28, 2017

 

36,878

 

$

15.56

 

 

Summary of additional information about restricted stock

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

    

2016

    

2015

    

2014

 

Stock issued

 

 

18,646

    

 

33,157

    

 

30,166

 

Weighted average grant date fair value

 

$

17.37

 

$

27.93

 

$

49.36

 

Fair value of shares vested (in millions)

 

$

0.7

 

$

2.0

 

$

1.6

 

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

Remaining

 

Intrinsic

 

 

 

Number of

 

Average

 

Contractual

 

Value

 

 

    

Shares

    

Exercise Price

 

Term

    

(in thousands)

 

Outstanding at January 30, 2016

 

681,117

 

$

39.65

 

 

 

 

 

 

Granted

 

593,509

 

 

17.43

 

 

 

 

 

 

Exercised

 

(15,441)

 

 

17.43

 

 

 

 

 

 

Forfeited

 

(58,860)

 

 

23.39

 

 

 

 

 

 

Expired

 

(5,635)

 

 

38.86

 

 

 

 

 

 

Outstanding at January 28, 2017

 

1,194,690

 

$

29.70

 

6.6

Years  

$

1,086

 

Vested and expected to vest at January 28, 2017

 

1,181,788

 

$

29.81

 

6.6

Years  

$

1,061

 

Exercisable at January 28, 2017

 

466,351

 

$

36.63

 

3.8

Years  

$

 —

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

 

2016

    

2015

    

2014

 

Risk-free interest rates

 

1.22%

 

1.51%

 

1.79%

 

Expected lives

 

5.0 years

 

5.0 years

 

5.0 years

 

Dividend yield

 

4.13%

 

1.38%

 

1.58%

 

Expected volatility

 

47.95%

 

39.74%

 

42.77%