v3.24.1.1.u2
Stock-Based Awards (Tables)
3 Months Ended
Apr. 27, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense and Related Tax Benefit Recognized
Stock-based compensation expense and the related tax benefit recognized during the three months ended April 27, 2024 and April 29, 2023 were as follows (dollars in thousands):
For the Three Months Ended
April 27, 2024April 29, 2023
Stock-based compensation$7,823 $6,620 
Income tax effect of stock-based compensation$1,939 $1,644 
Schedule of Share-based Compensation, Stock Options Award Activity
The following table summarizes stock option award activity during the three months ended April 27, 2024:
Stock Options
SharesWeighted Average Exercise Price
Outstanding as of January 27, 2024264,125 $70.18 
Granted27,680 $141.28 
Options exercised(3,976)$25.15 
Outstanding as of April 27, 2024287,829 $77.64 
Exercisable options as of April 27, 2024207,589 $64.92 
Schedule of Share-based Compensation, RSU and Performance RSU Activity
The following table summarizes RSU and Performance RSU award activity during the three months ended April 27, 2024:
Restricted Stock
RSUsPerformance RSUs
Share UnitsWeighted Average Grant Date Fair ValueShare UnitsWeighted Average Grant Date Fair Value
Outstanding as of January 27, 2024390,765 $74.89 431,190 $95.98 
Granted90,067 $141.19 170,526 $141.28 
Share units vested(172,476)$51.22 (146,702)$92.07 
Forfeited or canceled(6,121)$72.05 (74,928)$92.35 
Outstanding as of April 27, 2024302,235 $108.21 380,086 $118.53