STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Nov. 01, 2015

Nov. 02, 2014

Disclosure of Compensation Related Costs, Share-based Payments [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 thirty-nine weeks ended November 1, 2015 and November 2, 2014:



	Thirty-Nine Weeks Ended
	11/1/15			11/2/14
Weighted average risk-free interest rate	1.54		%	2.15		%
Weighted average expected option term (in years)	6.25			6.25
Weighted average Company volatility	36.26		%	44.12		%
Expected annual dividends per share	$	0.15		$	0.15
Weighted average grant date fair value per option	$	40.20		$	56.21

The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected option term. The expected option term represents the weighted average period of time that options granted are expected to be outstanding, based on vesting schedules and the contractual term of the options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected option term. Expected dividends are based on the Company’s common stock cash dividend rate at the date of grant.

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, mainly due to acquisitions. 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 thirty-nine weeks ended November 1, 2015 was as follows:



(In thousands, except per option data)	Options	Weighted Average Exercise Price Per Option
Outstanding at February 1, 2015	1,472	$	64.14
Granted	175	107.18
Exercised	114	49.72
Cancelled	17	107.29
Outstanding at November 1, 2015	1,516	$	69.71
Exercisable at November 1, 2015	1,132	$	55.54

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

RSU activity for the thirty-nine weeks ended November 1, 2015 was as follows:



(In thousands, except per RSU data)	RSUs	Weighted Average Grant Date Fair Value Per RSU
Non-vested at February 1, 2015	640	$	107.42
Granted	302	104.65
Vested	200	86.75
Cancelled	66	112.99
Non-vested at November 1, 2015	676	$	111.74

Schedule of Restricted Stock Activity [Table Text Block]

Restricted stock activity for the thirty-nine weeks ended November 1, 2015 was as follows:



(In thousands, except per share data)	Restricted Stock	Weighted Average Grant Date Fair Value Per Share
Non-vested at February 1, 2015	20	$	120.72
Granted	—	—
Vested	17	120.72
Cancelled	1	120.72
Non-vested at November 1, 2015	2	$	120.72

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]

The fair value of the awards granted in the first quarter of 2015 was established on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:



Risk-free interest rate	0.90		%
Expected Company volatility	29.10		%
Expected annual dividends per share	$	0.15
Grant date fair value per PSU	$	101.23

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

PSU activity for the thirty-nine weeks ended November 1, 2015 was as follows:



(In thousands, except PSU data)	PSUs	Weighted Average Grant Date Fair Value Per PSU
Non-vested at February 1, 2015	553	$	119.95
Granted	46	101.23
Vested	54	88.52
Cancelled	51	122.15
Non-vested at November 1, 2015	494	$	121.42