SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 03, 2018


	Fiscal Year
	2017			2016			2015
Risk-free interest rates (1)		1.7	%		1.1	%		1.2	%
Expected dividend yield		0.0	%		0.0	%		0.0	%
Expected volatility (2)		29.9	%		29.8	%		29.7	%
Expected life of options in years (3)		4.1			4.1			4.0

(1)

Based on interest rates for U.S. Treasury instruments with terms consistent with the expected lives of the awards.

(2)

We considered our historical and implied volatility as well as the implied volatilities for exchange-traded options of a peer group of companies.

(3)

Expected lives were based on an analysis of historical exercise and post-vesting employment termination.

The stock option activity during the fiscal year ended February 3, 2018 was as follows:


				Weighted-
				Average
				Remaining	Aggregate
	Number of	Weighted-		Contractual	Intrinsic
	Shares	Average Exercise		Term	Value
	(in thousands)	Price		(in years)	(in thousands)
Outstanding at beginning of year	7,662	$	17.94
Granted	2,134		22.05
Exercised	(1,366)		12.11
Expired/Forfeited	(454)		21.92
Outstanding at end of year	7,976		19.81	6.8	$	51,205

Shares exercisable at end of year	3,492	$	17.09	5.1	$	31,872

Restricted stock award activity during the fiscal year ended February 3, 2018 was as follows:


	Number of Shares (in thousands)	Weighted-Average Fair Value
Outstanding at beginning of year	964	$	21.58
Vested	(357)		21.21
Forfeited	(86)		22.34
Outstanding at end of year	521	$	22.84

Restricted stock unit activity during the fiscal year ended February 3, 2018 was as follows:


	Number of Shares (in thousands)	Weighted-Average Fair Value
Outstanding at beginning of year	802	$	23.91
Granted	983		22.19
Vested	(207)		23.88
Forfeited	(118)		23.24
Outstanding at end of year	1,460	$	22.81