STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jan. 31, 2016

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 2015, 2014 and 2013 (with the exception of the Warnaco employee replacement stock options):

	2015			2014			2013
Weighted average risk-free interest rate	1.54		%	2.15		%	1.05		%
Weighted average expected option term (in years)	6.25			6.25			6.22
Weighted average Company volatility	36.26		%	44.12		%	45.20		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per option	$	40.20		$	56.21		$	51.51

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.

Table Of Weighted Average Black Scholes Fair Value Assumptions Warnaco Replacement [Table Text Block]

The following summarizes the assumptions used to estimate the fair value of the Warnaco employee stock options that were replaced on February 13, 2013:

Weighted average risk-free interest rate	0.24		%
Weighted average expected option term (in years)	1.70
Weighted average Company volatility	29.40		%
Expected annual dividends per share	$	0.15
Weighted average grant date fair value per option	$	40.60

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Service-based stock option activity for the year was as follows:

(In thousands, except years and per option data)	Options	Weighted Average Exercise Price Per Option		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding at February 1, 2015	1,472	$	64.14	5.5	$	70,737
Granted	175	107.18
Exercised	162	45.60
Cancelled	42	86.53
Outstanding at January 31, 2016	1,443	$	70.79	5.3	$	26,643
Exercisable at January 31, 2016	1,066	$	56.40	4.2	$	26,643

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

RSU activity for the year 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	303	104.59
Vested	206	87.76
Cancelled	84	112.95
Non-vested at January 31, 2016	653	$	111.61

Schedule of Restricted Stock Activity [Table Text Block]

Restricted stock activity for the year 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	19	120.72
Cancelled	1	120.72
Non-vested at January 31, 2016	—	$	—

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 and the second quarter of 2013 was established for each grant on the grant date using the Monte Carlo simulation model, which was based on the following assumptions:

	2015			2013
Risk-free interest rate	0.90		%	0.34		%
Expected Company volatility	29.10		%	38.67		%
Expected annual dividends per share	$	0.15		$	0.15
Grant date fair value per PSU	$	101.23		$	123.27

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

PSU activity for the year was as follows:

(In thousands, except per share 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	52	122.17
Non-vested at January 31, 2016	493	$	121.41