v3.25.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Aug. 03, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
RSU activity for the twenty-six weeks ended August 3, 2025 was as follows:
(In thousands, except per RSU data)RSUsWeighted Average Grant Date Fair Value Per RSU
Non-vested at February 2, 20251,069 $93.45 
  Granted826 69.05 
  Vested403 91.13 
  Forfeited108 87.17 
Non-vested at August 3, 20251,384 $80.06 
Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of PSUs subject to market conditions that were granted during the twenty-six weeks ended August 3, 2025 and the resulting weighted average grant date fair value:
8/3/25
Weighted average risk-free interest rate3.81 %
Weighted average Company volatility47.02 %
Expected annual dividends per share$0.15 
Weighted average grant date fair value per PSU$102.81 
For certain of the awards granted, the after-tax portion of the award is subject to a holding period of one year after the vesting date. For these awards, the grant date fair value was discounted 4.50% for the restriction of liquidity, which was calculated using the Finnerty model.
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Total PSU activity for the twenty-six weeks ended August 3, 2025 was as follows:
(In thousands, except per PSU data)PSUsWeighted Average Grant Date Fair Value Per PSU
Non-vested at February 2, 2025266 $110.64 
  Granted192 85.12 
Increase due to market conditions achieved above target9 102.88 
  Vested42 102.88 
  Forfeited14 117.79 
Non-vested at August 3, 2025411 $99.13 
Share-based Payment Arrangement, Option, Activity [Table Text Block]
Stock option activity for the twenty-six weeks ended August 3, 2025 was as follows:
(In thousands, except per stock option data)Stock OptionsWeighted Average Exercise Price
Per Stock Option
Outstanding at February 2, 2025504 $92.31 
  Granted— — 
  Exercised20 68.84 
  Forfeited / Expired46 93.44 
Outstanding at August 3, 2025438 $93.24