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Share-Based Compensation (Tables)
 6 Months Ended
Jul. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Service and Performance Based-Awards Activity
The following table summarizes the activity related to the Company’s RSUs for the twenty-six weeks ended July 28, 2024 (in thousands, except for weighted-average grant date fair value):
Number of RSUsWeighted-Average Grant Date Fair Value
Unvested and outstanding as of January 28, 202417,388 $34.65 
Granted22,546 $16.41 
Vested(4,677)$34.60 
Forfeited(2,557)$28.96 
Unvested and outstanding as of July 28, 202432,700 $22.53 
The following table summarizes the activity related to the Company’s PRSUs for the twenty-six weeks ended July 28, 2024 (in thousands, except for weighted-average grant date fair value):

Number of PRSUsWeighted-Average Grant Date Fair Value
Unvested and outstanding as of January 28, 2024553 $28.49 
Granted1,615 $16.93 
Vested(38)$38.50 
Forfeited(66)$34.50 
Unvested and outstanding as of July 28, 20242,064 $19.06 
Summary of Weighted Average Grant-Date Fair Value and Total Fair Value of Service and Performance Based-Awards Activity
The following table summarizes the weighted average grant-date fair value of RSUs granted and total fair value of RSUs vested for the periods presented:
26 Weeks Ended
July 28, 2024July 30, 2023
Weighted average grant-date fair value of RSUs$16.41 $35.52 
Total fair value of vested RSUs (in millions)$84.5 $106.1 
The following table summarizes the weighted average grant-date fair value of PRSUs granted and total fair value of PRSUs vested for the periods presented:

26 Weeks Ended
July 28, 2024July 30, 2023
Weighted average grant-date fair value of PRSUs$16.93 $35.71 
Total fair value of vested PRSUs (in millions)$0.6 $72.2 
Schedule of Share-based Compensation Expense The Company recognized share-based compensation expense as follows (in thousands):
13 Weeks Ended26 Weeks Ended
July 28, 2024July 30, 2023July 28, 2024July 30, 2023
RSUs$77,992 $64,818 $142,049 $114,771 
PRSUs3,581 1,178 4,909 (222)
Total share-based compensation expense$81,573 $65,996 $146,958 $114,549