Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

v2.4.1.9
STOCK-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Jan. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes the status of RSUs as of January 31, 2015, and changes during the year then ended: 
 
Shares
 
Weighted
Average
Grant
Date Fair
Value
Nonvested at February 1, 2014
1,723,634

 
$
41.64

Granted
751,606

 
52.52

Vested
(798,015
)
 
39.91

Forfeited
(93,945
)
 
48.38

Nonvested at January 31, 2015
1,583,280

 
$
48.48

Schedule of Share-based Compensation, Stock Options, Activity
The following tables summarize information about options outstanding at January 31, 2015 and changes during the year then ended.
Stock Option Activity
 
 
January 31, 2015
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
Average
 
Weighted
 
Aggregate
 
 
 
 
Per Share
 
Average
 
Intrinsic
 
 
 
 
Exercise
 
Remaining
 
Value (in
 
 
Shares
 
Price
 
Term
 
millions)
Outstanding, beginning of period
 
568,818

 
$
13.40

 
 
 
 
Granted
 
12,150

 
57.37

 
 
 
 
Exercised
 
(85,235
)
 
9.04

 
 
 
 
Forfeited
 
(4,500
)
 
8.42

 
 
 
 
Outstanding, end of period
 
491,233

 
$
15.29

 
3.4
 
$
27.4

Options vested
 
 

 
 

 
 
 
 

at January 31, 2015
 
491,233

 
$
15.29

 
3.4
 
$
27.4

Options exercisable at end of period
 
491,233

 
$
15.29

 
3.4
 
$
27.4

Schedule of options outstanding and exercisable, by range of exercise prices
 
 
 
 
Options Outstanding
 
Options Exercisable
 
 
Options
 
 
 
 
 
Options
 
 
Range of
 
Outstanding
 
Weighted Avg.
 
Weighted Avg.
 
Exercisable
 
Weighted Avg.
Exercise
 
at January 31,
 
Remaining
 
Exercise
 
at January 31,
 
Exercise
Prices
 
2015
 
Contractual Life
 
Price
 
2015
 
Price
$7.21 to $9.71
 
216,105

 
2.1
 
$
8.88

 
216,105

 
$
8.88

$9.72 to $14.52
 
192,214

 
3.5
 
13.07

 
192,214

 
13.07

$14.53 to $19.93
 
15,516

 
4.9
 
17.21

 
15,516

 
17.21

$19.94 to $28.36
 
21,132

 
5.8
 
25.09

 
21,132

 
25.09

$28.37 to $70.38
 
46,266

 
8.1
 
49.29

 
46,266

 
49.29

$7.21 to $70.38
 
491,233

 
3.4
 
$
15.29

 
491,233

 
$
15.29

Weighted average assumptions
The fair value of the employees' purchase rights is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:
 
Fiscal 2013
 
Fiscal 2012
 
Fiscal 2011
Expected term
3 months
 
3 months
 
3 months
Expected volatility
8.8
%
 
11.6
%
 
11.9
%
Annual dividend yield
%
 
%
 
%
Risk free interest rate
%
 
%
 
0.1
%