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Stock-Based Compensation (Tables)
12 Months Ended
Feb. 03, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of stock option activity

The following table summarizes our stock option activity:

 

 

 

 

2017

 

 

2016

 

 

2015

 

 

(Shares in Thousands)

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Balance at beginning of year

 

 

2,350

 

 

$

53.29

 

 

 

3,076

 

 

$

52.65

 

 

 

6,211

 

 

$

52.95

 

 

Exercised

 

 

(359

)

 

 

50.94

 

 

 

(410

)

 

 

46.86

 

 

 

(2,815

)

 

 

52.79

 

 

Forfeited/expired

 

 

(852

)

 

 

58.00

 

 

 

(316

)

 

 

55.39

 

 

 

(320

)

 

 

57.36

 

 

Balance at end of year

 

 

1,139

 

 

$

50.51

 

 

 

2,350

 

 

$

53.29

 

 

 

3,076

 

 

$

52.65

 

 

Stock options outstanding and exercisable by exercise price range

Additional information related to stock options outstanding and exercisable at February 3, 2018, segregated by exercise price range, is summarized below:

 

 

(Shares in Thousands)

 

Stock Options Outstanding

 

 

Stock Options Exercisable

 

 

Range of Exercise Prices

 

Shares

 

 

Weighted

Average

Remaining

Contractual

Life (in

years)

 

 

Weighted

Average

Exercise

Price

 

 

Shares

 

 

Weighted

Average

Remaining

Contractual

Life (in

years)

 

 

Weighted

Average

Exercise

Price

 

 

$ 41.24 – $ 50.00

 

 

561

 

 

 

1.5

 

 

$

47.73

 

 

 

524

 

 

 

1.5

 

 

$

47.81

 

 

$ 50.01 – $ 64.49

 

 

578

 

 

 

1.0

 

 

 

53.21

 

 

 

520

 

 

 

0.8

 

 

 

53.16

 

 

Balance at end of year

 

 

1,139

 

 

 

1.3

 

 

$

50.51

 

 

 

1,044

 

 

 

1.1

 

 

$

50.47

 

 

Intrinsic value (in thousands)

 

$

14,771

 

 

 

 

 

 

 

 

 

 

$

13,575

 

 

 

 

 

 

 

 

 

 

Summary of nonvested stock activity

The following table summarizes nonvested stock activity, including restricted stock equivalents issued in lieu of cash dividends:

 

 

 

 

2017

 

 

2016

 

 

2015

 

 

(Shares in Thousands)

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Balance at beginning of year

 

 

2,163

 

 

$

52.75

 

 

 

2,211

 

 

$

57.37

 

 

 

2,431

 

 

$

52.29

 

 

Granted

 

 

1,624

 

 

 

39.69

 

 

 

1,128

 

 

 

46.61

 

 

 

955

 

 

 

65.02

 

 

Vested

 

 

(772

)

 

 

52.14

 

 

 

(935

)

 

 

55.54

 

 

 

(957

)

 

 

52.61

 

 

Forfeited

 

 

(204

)

 

 

59.58

 

 

 

(241

)

 

 

55.54

 

 

 

(218

)

 

 

55.16

 

 

Balance at end of year

 

 

2,811

 

 

$

45.60

 

 

 

2,163

 

 

$

52.75

 

 

 

2,211

 

 

$

57.37

 

 

Performance Share Activity

The following table summarizes performance share unit activity by year of grant:

 

 

 

 

2017

 

 

2016

 

 

2015

 

 

(Shares in Thousands)

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Shares

 

 

Weighted

Average

Grant

Date Fair

Value

 

 

Balance at beginning of year

 

 

512

 

 

$

57.82

 

 

 

357

 

 

$

63.58

 

 

 

221

 

 

$

56.76

 

 

Granted

 

 

365

 

 

 

40.83

 

 

 

309

 

 

 

47.89

 

 

 

177

 

 

 

70.50

 

 

Vested

 

 

(106

)

 

 

57.58

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(111

)

 

 

78.35

 

 

 

(154

)

 

 

59.74

 

 

 

(41

)

 

 

56.71

 

 

Balance at end of year

 

 

660

 

 

$

44.97

 

 

 

512

 

 

$

57.82

 

 

 

357

 

 

$

63.58