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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Jan. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
The following table summarizes stock option activity for Fiscal 2016:
 
Number of
Underlying
Shares
 
Weighted-
Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 30, 2016
271,000

 
$
63.05

 
 
 
 
Granted

 

 
 
 
 
Exercised
(2,000
)
 
22.87

 
 
 
 
Forfeited or expired
(79,200
)
 
31.53

 
 
 
 
Outstanding at January 28, 2017
189,800

 
$
76.62

 
$

 
0.7
Stock options exercisable at January 28, 2017
189,900

 
$
76.62

 
$

 
0.7
Schedule of Stock Appreciation Rights Activity
The following table summarizes stock appreciation rights activity for Fiscal 2016:
 
Number of
Underlying
Shares
 
Weighted-Average
Exercise Price
 
Aggregate
Intrinsic Value
 
Weighted-Average
Remaining
Contractual Life
Outstanding at January 30, 2016
5,301,115

 
$
45.02

 
 
 
 
Granted

 

 
 
 
 
Exercised
(10,483
)
 
22.45

 
 
 
 
Forfeited or expired
(1,211,582
)
 
37.19

 
 
 
 
Outstanding at January 28, 2017
4,079,050

 
$
47.49

 
$

 
2.6
Stock appreciation rights exercisable at January 28, 2017
3,532,119

 
$
50.62

 
$

 
1.9
Stock appreciation rights expected to become exercisable in the future as of January 28, 2017
436,030

 
$
27.72

 
$

 
7.7
Schedule of Weighted-Average Estimated Fair Value and Assumptions of Stock Appreciation Rights
The weighted-average assumptions used in the Black-Scholes option-pricing model for stock appreciation rights granted during Fiscal 2015 and Fiscal 2014 were as follows:
 
Executive Officers
 
All Other Associates
 
2015
 
2014
 
2015
 
2014
Grant date market price
$
22.46

 
$
35.08

 
$
22.42

 
$
37.05

Exercise price
$
22.46

 
$
35.49

 
$
22.42

 
$
37.22

Fair value
$
9.11

 
$
12.85

 
$
8.00

 
$
12.92

Assumptions:
 
 
 
 
 
 
 
Price volatility
49
%
 
49
%
 
49
%
 
50
%
Expected term (years)
6.1

 
4.9

 
4.3

 
4.1

Risk-free interest rate
1.5
%
 
1.6
%
 
4.2
%
 
1.4
%
Dividend yield
1.7
%
 
2.0
%
 
1.7
%
 
1.9
%
Schedule of Restricted Stock Unit Activity
The following table summarizes activity for restricted stock units for Fiscal 2016:
 
Service-based Restricted
Stock Units
 
Performance-based Restricted
Stock Units
 
Market-based Restricted
Stock Units
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
 
Number of 
Underlying
Shares
 
Weighted-
Average Grant
Date Fair Value
Unvested at January 30, 2016
1,671,597

 
$
28.13

 
185,500

 
$
23.42

 
117,711

 
$
25.00

Granted
1,182,198

 
24.57

 
129,725

 
25.70

 
129,734

 
31.01

Adjustments for performance achievement

 

 

 

 

 

Vested
(678,033
)
 
29.96

 
(32,625
)
 
36.12

 

 

Forfeited
(260,301
)
 
26.81

 
(78,677
)
 
24.22

 
(62,553
)
 
31.91

Unvested at January 28, 2017
1,915,461

 
$
25.47

 
203,923

 
$
22.53

 
184,892

 
$
26.89



Market-based Restricted Stock Units (RSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Weighted-Average Estimated Fair Value and Assumptions of Market-based Restricted Stock Units
The weighted-average assumptions used for market-based restricted stock units in the Monte Carlo simulation during Fiscal 2016 and Fiscal 2015 were as follows:
 
Fiscal 2016
 
Fiscal 2015
Grant date market price
$
28.06

 
$
22.46

Fair value
$
31.01

 
$
19.04

Assumptions:
 
 
 
Price volatility
45
%
 
45
%
Expected term (years)
2.7

 
2.8

Risk-free interest rate
1
%
 
0.9
%
Dividend yield
3
%
 
3.5
%
Average volatility of peer companies
34.5
%
 
34.0
%
Average correlation coefficient of peer companies
0.3415

 
0.3288