v3.25.2
Stock-Based Compensation and Benefit Plans (Tables)
6 Months Ended
Aug. 03, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Company's Stock Option, Performance Stock Unit and Restricted Share Activity
A summary of the balances of the Company's stock-based compensation plans as of August 3, 2025, and changes during the first two quarters of 2025, 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 February 2, 2025849 $314.27 177 $371.83 5 $317.86 239 $371.09 
Granted299 282.41 160 310.81 6 252.28 180 281.85 
Exercised/released43 134.57 100 373.03 5 317.86 97 371.56 
Forfeited/expired44 340.51 7 346.90 — — 20 331.31 
Balance as of August 3, 20251,061 $311.49 230 $329.71 6 $252.28 302 $320.42 
Exercisable as of August 3, 2025503 $294.65 
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 two quarters of 2025:
First Two Quarters
 2025
Expected term4.00 years
Expected volatility38.70 %
Risk-free interest rate4.00 %
Dividend yield— %