Equity Incentive Plans (Tables)

3 Months Ended

May 02, 2026

A summary of the Company’s stock option activity and related information for the thirteen weeks ended May 2, 2026 follows:

	Number of options			Weighted average exercise price		Weighted average remaining contractual term (years)
	(in thousands, except share and per share amounts)
Outstanding at January 31, 2026		594,421		$	68.42
Granted		132,083			93.23
Forfeited		(14,690	)		80.83
Exercised		(8,364	)		46.52
Outstanding at May 2, 2026		703,450			73.09		7.2
Exercisable at May 2, 2026		406,559		$	60.99		6.0

Weighted Average Assumptions

The weighted average grant date fair value per option for options granted during the thirteen weeks ended May 2, 2026 and May 3, 2025 was $40.88 and $53.80, respectively. The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model that used the weighted average assumptions in the following table

	Thirteen weeks ended
	May 2,			May 3,
	2026			2025
Risk-free interest rate		3.91	%		4.08	%
Expected dividend yield		—			—
Expected life	5.05 years			5.32 years
Expected volatility		44.31	%		48.20	%

RSU Activity

A summary of the Company’s RSU activity and related information for the thirteen weeks ended May 2, 2026 is as follows:

	Number of shares			Weighted average grant date fair value
Nonvested balance at January 31, 2026		338,483		$	80.56
Granted		155,408			91.98
Forfeited		(13,036	)		82.85
Vested		(142,565	)		71.59
Nonvested balance at May 2, 2026		338,290		$	89.50