v3.22.2.2
Stock-Based Compensation and Benefit Plans (Tables)
9 Months Ended
Oct. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Company's Stock Option, Performance Share Unit and Restricted Share Activity
A summary of the balances of the Company's stock-based compensation plans as of October 30, 2022, and changes during the first three quarters then ended, is presented below:
Stock OptionsPerformance-Based Restricted Stock UnitsRestricted SharesRestricted Stock Units
NumberWeighted-Average Exercise PriceNumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Grant Date Fair Value
(In thousands, except per share amounts)
Balance as of January 30, 2022789 $186.10 167 $225.27 4 $326.70 238 $265.90 
Granted188 371.92 117 274.63 4 307.77 105 369.91 
Exercised/released82 126.13 114 170.04 4 326.70 108 237.88 
Forfeited/expired20 282.29 4 304.22 — — 13 313.90 
Balance as of October 30, 2022875 $229.53 166 $295.93 4 $307.77 222 $325.95 
Exercisable as of October 30, 2022403 $155.62 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The following are weighted averages of the assumptions that were used in calculating the fair value of stock options granted during the first three quarters of 2022:
First Three Quarters
 2022
Expected term3.75 years
Expected volatility40.00 %
Risk-free interest rate2.51 %
Dividend yield— %