Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation Plans (Tables)

v3.19.2
Share-Based Compensation Plans (Tables)
6 Months Ended
Aug. 03, 2019
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 2, 2019

939,086

 

336,906

$

22.60

$

18.59

Granted

 

162,162

 

 

5.55

 

Vested(1)

 

(416,566)

 

(28,686)

 

21.81

 

17.43

Forfeited

 

(100,902)

 

(43,704)

 

22.44

 

18.30

Non-Vested at August 3, 2019

 

583,780

 

264,516

$

18.45

$

18.77

(1) Includes 137,694 shares relinquished for tax payments related to vested DSUs for the six months ended August 3, 2019.
Stock Options  
Summary of activity

Weighted-

Number of

Average

    

Shares

    

Exercise Price

 

Outstanding at February 2, 2019

 

1,252,072

$

23.64

Granted

 

3,050,974

 

7.61

Exercised

 

 

Forfeited

 

(171,812)

 

11.02

Expired

 

(43,268)

 

28.28

Outstanding at August 3, 2019

 

4,087,966

$

12.16

 

Exercisable at August 3, 2019

 

912,456

$

24.91

 

Stock Appreciation Rights ("SARs")  
Summary of activity

Weighted-

Number of

Average

    

Shares

    

Exercise Price

 

Outstanding at February 2, 2019

 

$

Granted

 

414,476

 

7.62

Exercised

 

 

Forfeited

 

 

Expired

 

 

Outstanding at August 3, 2019

 

414,476

$

7.62

 

Exercisable at August 3, 2019

 

$

 

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

For the Six Months Ended

August 3,

    

2019

 

Risk-free interest rate

2.39%

Expected lives

 

5.0 years

Dividend yield

 

4.34%

Expected volatility

 

62.32%

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

The following table summarizes the activity of cash settled awards, based on their initial grant date values, for the six months ended August 3, 2019 (in thousands):

 

Cash Settled Awards

Non-Vested at February 2, 2019

 

$

5,072

Granted

 

4,255

Vested

 

(2,350)

Forfeited

 

(514)

Non-Vested at August 3, 2019

 

$

6,463