v3.24.3
Share-Based Compensation (Tables)
9 Months Ended
Oct. 27, 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 thirty-nine weeks ended October 27, 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 
Granted23,587 $17.08 
Vested(6,923)$34.04 
Forfeited(3,832)$26.99 
Unvested and outstanding as of October 27, 202430,220 $22.05 
The following table summarizes the activity related to the Company’s PRSUs for the thirty-nine weeks ended October 27, 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 
Granted1,623 $16.95 
Vested(38)$38.50 
Forfeited(105)$31.49 
Unvested and outstanding as of October 27, 20242,033 $18.94 
Schedule 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:
39 Weeks Ended
October 27, 2024October 29, 2023
Weighted average grant-date fair value of RSUs$17.08 $34.25 
Total fair value of vested RSUs (in millions)$140.9 $142.9 
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:
39 Weeks Ended
October 27, 2024October 29, 2023
Weighted average grant-date fair value of PRSUs$16.95 $35.71 
Total fair value of vested PRSUs (in millions)$0.6 $74.1 
Schedule of Share-based Compensation Expense The Company recognized share-based compensation expense as follows (in thousands):
13 Weeks Ended39 Weeks Ended
October 27, 2024October 29, 2023October 27, 2024October 29, 2023
RSUs$74,567 $63,394 $216,616 $178,165 
PRSUs3,185 954 8,094 732 
Total share-based compensation expense$77,752 $64,348 $224,710 $178,897