Quarterly report pursuant to sections 13 or 15(d)

Share-Based Compensation Plans (Tables)

v2.4.0.8
Share-Based Compensation Plans (Tables)
3 Months Ended
May 03, 2014
Share-Based Compensation Plans  
Summary of activity of time-based and performance-based deferred stock units ("DSUs")

 

 

 

 

Shares

 

Weighted-Average
Grant-Date
 Fair Value

 

 

 

Time-
Based

 

Performance-
Based

 

Time-
Based

 

Performance-
Based

 

Non-Vested at February 1, 2014

 

573,042

 

82,558

 

$

32.95

 

$

33.09

 

Granted

 

217,385

 

18,789

 

47.26

 

47.26

 

Vested (1) 

 

(360,899

)

(1,134

)

33.19

 

33.09

 

Forfeited

 

(18,069

)

 

34.99

 

 

Non-Vested at May 3, 2014

 

411,459

 

100,213

 

$

40.21

 

$

35.75

 

 

(1)             Includes 119,468 shares relinquished for tax payments related to vested DSUs for the quarter ended May 3, 2014.

Summary of restricted stock activity

 

 

 

 

Shares

 

Weighted-
Average
Grant-Date
Fair Value

 

Non-Vested at February 1, 2014

 

80,919

 

$

31.36

 

Granted

 

4,184

 

47.81

 

Vested

 

(23,788

)

28.91

 

Forfeited

 

 

 

Non-Vested at May 3, 2014

 

61,315

 

$

33.44

 

Summary of stock option activity

 

 

 

 

Shares

 

Weighted-
Average
Exercise
Price

 

Outstanding at February 1, 2014

 

645,990

 

$

28.80

 

Granted

 

110,576

 

47.26

 

Exercised

 

(137,468

)

25.51

 

Forfeited

 

(60,000

)

17.18

 

Outstanding at May 3, 2014

 

559,098

 

$

34.51

 

Exercisable at May 3, 2014

 

284,734

 

$

31.32

 

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

 

 

 

 

For the Quarter
Ended

 

 

 

May 3,
2014

 

 

 

 

 

Risk-free interest rate

 

1.75%

 

Expected lives

 

5.0 years

 

Dividend yield

 

1.80%

 

Expected volatility

 

44.43%