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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jul. 31, 2011
Stock-Based Compensation [Abstract]  
Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during the twenty-six weeks ended July 31, 2011 and August 1, 2010, respectively:


 
Twenty-Six Weeks Ended
 
7/31/11
 
8/1/10
Weighted average risk‑free interest rate
2.62
%
 
2.99
%
Weighted average expected option term (in years)
6.25


 
6.25


Weighted average expected volatility
44.35
%
 
41.78
%
Expected annual dividends per share
$
0.15


 
$
0.15


Weighted average estimated fair value per option
$
29.81


 
$
26.45




The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving option grants and changes in the vesting schedule of certain grants. The Company will continue to evaluate the appropriateness of utilizing such method.
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Service-based stock option activity for the twenty-six weeks ended July 31, 2011 was as follows:


 
Options
 
Weighted Average Price Per Option
Outstanding at January 30, 2011
2,853


 
$
33.41


  Granted
195


 
65.16


  Exercised
340


 
34.02


  Cancelled


 


Outstanding at July 31, 2011
2,708


 
$
35.62


Exercisable at July 31, 2011
1,864


 
$
32.60


Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
RSU activity for the twenty-six weeks ended July 31, 2011 was as follows:




 
RSUs
 
Weighted Average Grant Date Fair Value
Non-vested at January 30, 2011
814


 
$
40.24


  Granted
241


 
68.45


  Vested
212


 
41.01


  Cancelled
16


 
53.13


Non-vested at July 31, 2011
827


 
$
48.03


Schedule of Restricted Stock Activity [Table Text Block]
Restricted stock activity for the twenty-six weeks ended July 31, 2011 was as follows:


 
Restricted Stock  
 
Weighted Average Grant Date Fair Value
Non-vested at January 30, 2011
350


 
$
60.41


  Granted


 


  Vested
14


 
60.41


Non-vested at July 31, 2011
336


 
$
60.41


Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Performance share activity for the twenty-six weeks ended July 31, 2011 was as follows:


 
     Performance Shares
 
Weighted Average Grant Date Fair Value
Non-vested at January 30, 2011
611


 
$
52.69


  Granted
85


 
71.26


  Vested


 


  Cancelled
8


 
50.73


Non-vested at July 31, 2011
688


 
$
55.00