Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation Plans (Tables)

v3.8.0.1
Share-Based Compensation Plans (Tables)
9 Months Ended
Oct. 28, 2017
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 28, 2017

 

1,061,965

 

523,948

 

$

24.31

 

$

28.28

 

Granted

 

472,708

 

542,528

 

 

11.48

 

 

11.45

 

Vested(1)

 

(455,925)

 

 —

 

 

25.38

 

 

 —

 

Forfeited

 

(51,271)

 

(41,942)

 

 

20.78

 

 

22.26

 

Non-Vested at October 28, 2017

 

1,027,477

 

1,024,534

 

$

18.10

 

$

19.61

 


(1)

Includes 125,806 shares relinquished for tax payments related to vested DSUs for the nine months ended October 28, 2017.

Summary of restricted stock activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-
Average

 

 

    

Shares

    

Grant-Date
Fair Value

 

Non-Vested at January 28, 2017

 

36,878

 

$

15.56

 

Granted

 

 —

 

 

 —

 

Vested

 

(36,878)

 

 

15.56

 

Forfeited

 

 —

 

 

 —

 

Non-Vested at October 28, 2017

 

 —

 

$

 —

 

 

Summary of stock option activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

Number of

 

Average

 

 

    

Shares

    

Exercise Price

 

Outstanding at January 28, 2017

 

1,194,690

 

$

29.70

 

Granted

 

630,083

 

 

11.54

 

Exercised

 

 —

 

 

 —

 

Forfeited

 

(50,856)

 

 

16.25

 

Expired

 

(40,243)

 

 

41.23

 

Outstanding at October 28, 2017

 

1,733,674

 

$

23.23

 

Exercisable at October 28, 2017

 

736,137

 

$

33.33

 

 

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

 

 

 

 

 

 

For the Nine Months Ended

 

 

 

October 28,

 

 

    

2017

 

Risk-free interest rates

 

1.75%

 

Expected lives

 

5.0 years

 

Dividend yield

 

4.69%

 

Expected volatility

 

55.12%

 

 

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

The following table summarizes the activity of cash settled awards for the nine months ended October 28, 2017 (in thousands):

 

 

 

 

 

 

 

Cash Settled Awards

Non-Vested at January 28, 2017

 

$

 —

Granted

 

 

8,377

Vested

 

 

 —

Forfeited

 

 

(149)

Non-Vested at October 28, 2017

 

$

8,228