Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation Plans (Tables)

v3.10.0.1
Share-Based Compensation Plans (Tables)
6 Months Ended
Aug. 04, 2018
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 February 3, 2018

 

1,014,689

 

993,631

 

$

18.13

 

$

19.55

 

Granted

 

485,715

 

242,509

 

 

28.42

 

 

28.54

 

Vested(1)

 

(497,676)

 

(131,074)

 

 

21.14

 

 

23.45

 

Forfeited

 

(61,799)

 

(90,604)

 

 

19.04

 

 

47.46

 

Non-Vested at August 4, 2018

 

940,929

 

1,014,462

 

$

21.79

 

$

18.70

 


(1)

Includes 224,497 shares relinquished for tax payments related to vested DSUs for the six months ended August 4, 2018.

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

Number of

 

Average

 

 

    

Shares

    

Exercise Price

 

Outstanding at February 3, 2018

 

1,527,176

 

$

21.97

 

Granted

 

208,769

 

 

28.53

 

Exercised

 

(144,583)

 

 

22.60

 

Forfeited

 

(44,703)

 

 

14.44

 

Expired

 

(8,087)

 

 

49.18

 

Outstanding at August 4, 2018

 

1,538,572

 

$

22.87

 

Exercisable at August 4, 2018

 

801,720

 

$

27.78

 

 

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

 

 

 

 

 

 

For the Six Months Ended

 

 

 

August 4,

 

 

    

2018

 

Risk-free interest rate

 

2.67%

 

Expected lives

 

5.0 years

 

Dividend yield

 

4.35%

 

Expected volatility

 

56.35%

 

 

Cash Settled Awards  
Summary of share-based compensation of cash settled awards

The following table summarizes the activity of cash settled awards for the six months ended August 4, 2018 (in thousands):

 

 

 

 

 

 

 

Cash Settled Awards

Non-Vested at February 3, 2018

 

$

8,353

Granted

 

 

 —

Vested

 

 

(2,613)

Forfeited

 

 

(304)

Non-Vested at August 4, 2018

 

$

5,436