Stock-based Compensation (Tables)

9 Months Ended

Oct. 29, 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 for the periods presented:

	Three months ended				Nine months ended
	October 29, 2016		October 31, 2015		October 29, 2016		October 31, 2015
	(in thousands)
Stock options	$	1,313	$	1,539	$	4,538	$	5,165
Restricted stock units	782		586		2,651		1,986
Performance-based restricted stock units	547		915		1,779		2,617
Director stock units	198		44		1,188		969
Total	$	2,840	$	3,084	$	10,156	$	10,737

Stock Option Plan Activity

The following table summarizes all stock-based compensation activity:

	Nine months ended
	October 29, 2016
	Stock Options		RSUs		PSUs		DSUs
	(in thousands)
Outstanding, beginning of period	3,849		372		293		305
Granted	835		187		114		64
Exercised/Vested	(266	)	(106	)	(133	)	(60	)
Forfeited	(443	)	(81	)	(27	)	—
Outstanding, end of period	3,975		372		247		309
Exercisable, end of period	2,071		—		—		—

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):

	Nine months ended
	October 29, 2016
	Stock Options		RSUs		PSUs
Unrecognized compensation cost	$	13,118	$	6,601	$	4,453
Weighted average expense recognition period	2.1 years		1.8 years		1.9 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:    

	Nine months ended
Assumptions:	October 29, 2016	October 31, 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	$10.09