COACH INC | 2013 | FY | 3


Compensation expense is calculated for the fair value of employees’ purchase rights using the Black-Scholes model and the following weighted-average assumptions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 29,

 

June 30,

 

July 2,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Expected term (years)

 

0.5 

 

0.5 

 

0.5 

 

Expected volatility

 

34.1 

%

45.6 

%

31.7 

%

Risk-free interest rate

 

0.1 

%

0.1 

%

0.2 

%

Dividend yield

 

1.7 

%

1.4 

%

1.3 

%

 


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