Stock-based Compensation (Tables)

3 Months Ended

Apr. 30, 2016

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation Expense [Table Text Block]

The following table summarizes stock-based compensation expense:

	Three months ended
	April 30, 2016		May 2, 2015
	(in thousands)
Stock options	$	1,677	$	1,996
Restricted stock units	1,230		867
Performance-based restricted stock units	682		658
Director stock units	68		42
Total	$	3,657	$	3,563

Stock Option Plan Activity

The following table summarizes all stock-based compensation activity:

	Three months ended
	April 30, 2016
	Stock Options		RSUs		PSUs		DSUs
	(in thousands)
Outstanding, beginning of period	3,849		372		293		305
Granted	835		171		109		5
Options exercised/units vested	(17	)	(81	)	(32	)	(2	)
Forfeited	(16	)	(7	)	(2	)	—
Outstanding, end of period	4,651		455		368		308
Exercisable, end of period	2,347		—		—		—

Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]

The following table summarizes the total compensation cost related to nonvested shares not yet recognized and the weighted average expense recognition period remaining (amounts in thousands):

	Three months ended
	April 30, 2016
	Stock Options		RSUs		PSUs
Unrecognized compensation cost	$	18,126	$	9,968	$	6,178
Weighted average expense recognition period	2.4 years		2.2 years		2.3 years

Weighted-average Assumptions Used for Options Granted

The following table illustrates the weighted average assumptions used in the Black-Scholes pricing model for options granted in each of the periods presented:    

	Three months ended
Assumptions:	April 30, 2016	May 2, 2015
Risk-free interest rate	1.5%	1.4%
Expected volatility of DSW Inc. Common Shares	36.0%	37.9%
Expected option term	5.4 years	5.1 years
Dividend yield	3.0%	2.1%
Other Data:
Weighted average grant date fair value	$6.59	$10.24

Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]

The fair value of the SARs was estimated using the Black-Scholes pricing model with the following assumptions in each of the periods presented:

	As of
Assumptions:	April 30, 2016	January 30, 2016	May 2, 2015
Risk-free interest rate	0.2%	0.4%	0.2%
Expected volatility of DSW Inc. Class A Common Shares	30.7%	33.0%	25.7%
Expected term	0.1 years	0.4 years	1.0 year
Expected dividend yield	2.5%	2.5%	2.4%