Stock-Based Compensation (Tables)

12 Months Ended

Feb. 02, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Company's Stock Option, Performance Stock Unit and Restricted Share Activity

A summary of the Company's stock options, performance-based restricted stock units and restricted shares activity as of February 2, 2014, February 3, 2013, and January 29, 2012, and changes during the years then ended is presented below:

	Number of Stock Options	Weighted- Average Exercise Price		Number of Performance-Based Restricted Stock Units	Weighted- Average Grant Fair Value		Number of Restricted Shares	Weighted- Average Grant Fair Value
Balance at January 30, 2011	3,270	$	10.83	174	$	20.96	8	$	21.22
Granted	183	45.47		231	40.99		9	47.74
Exercised	1,150	8.36		—	—		8	23.41
Forfeited	50	16.62		21	41.00		1	60.54
Balance at January 29, 2012	2,253	$	14.77	384	$	31.90	8	$	46.10
Granted	84	75.52		156	74.46		16	63.97
Exercised	874	12.60		—	—		8	46.10
Forfeited	86	20.43		49	31.81		—	—
Balance at February 3, 2013	1,377	$	19.51	491	$	45.47	16	$	63.97
Granted	118	64.86		290	52.41		59	52.35
Exercised	686	11.90		208	21.72		16	63.97
Forfeited	140	41.33		147	59.32		2	64.30
Balance at February 2, 2014	669	$	30.76	426	$	56.97	57	$	51.99

Summary of Information About Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at February 2, 2014:

	Outstanding					Exercisable
Range of Exercise Prices	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Life (Years)	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Life (Years)
$0.25 – $6.92	136		$	2.83	2.6	136		$	2.83	2.6
$9.00 – $14.51	136		12.84		4.5	122		12.69		4.6
$17.27 – $33.50	116		22.25		3.4	79		23.24		3.4
$34.94 – $57.88	148		43.77		4.5	57		41.27		4.2
$64.30 – $75.23	133		70.59		6.0	19		75.17		5.4
	669		$	30.76	4.2	413		$	18.34	3.7
Intrinsic value	$	13,845				$	11,981

Fair Value of Stock Options Issued

The following assumptions were used in calculating the fair value of stock options issued in fiscal 2013:

	lululemon athletica inc.
Dividend yield	—	%
Expected volatility	64.65	%
Risk-free interest rate	0.72	%
Weighted-average life	4.06 years