Stock Options and Stock-Based Compensation (Tables)

12 Months Ended

Feb. 02, 2013

Summary of Activity in Stock Option Plan

The following is a summary of activity in the Company’s stock option plan from January 28, 2012 through February 2, 2013:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)
Outstanding as of January 28, 2012		6,343,756		$	10.00
Options granted		3,080,164		$	10.00
Options exercised		—			—
Options forfeited		(3,011,188	)	$	10.00
Options expired		(1,385,067	)	$	10.00
Outstanding as of February 2, 2013		5,027,665		$	10.00		4.9
Options vested and expected to vest at February 2, 2013		4,495,783		$	10.00		4.7
Exercisable at end of period		1,788,007		$	10.00		2.3

Stock Options, Valuation Assumptions

For options granted during Fiscal 2012, Fiscal 2011 and Fiscal 2010, the fair value of each option was estimated on the date of grant using the Black-Scholes and Monte Carlo option pricing models with the following assumptions:

Time Options and BOGO Options (Black-Scholes)	Fiscal 2012		Fiscal 2011		Fiscal 2010
Expected dividend yield		0.00%		0.00%		0.00%
Weighted average expected stock price volatility		59.96%		58.79%		59.25%
Weighted average risk-free interest rate		0.70%		1.23%		2.04%
Range of risk-free interest rate		0.56% - 1.04%		0.69% - 2.20%		1.05% - 2.54%
Weighted average expected term (years)		4.92		4.57		4.74

Performance Options (Monte Carlo)	Fiscal 2012		Fiscal 2011		Fiscal 2010
Expected dividend yield		0.00%		0.00%		0.00%
Weighted average expected stock price volatility		54.19%		55.61%		58.66%
Weighted average risk-free interest rate		0.81%		1.63%		2.45%
Range of risk-free interest rate		0.53% - 1.56%		1.24% - 2.59%		1.42% - 2.93%
Weighted average expected term (years)		N/A		N/A		N/A