XML 45 R33.htm IDEA: XBRL DOCUMENT v3.23.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Company’s Stock-Based Compensation Expense
The following table summarizes the Company’s stock-based compensation expense:
 Fiscal Years Ended
 January 28,
2023
January 29,
2022
January 30,
2021
(in thousands)
Deferred Awards$9,937 $13,061 $14,100 
Performance Awards19,213 17,881 216 
Total stock-based compensation expense (1)
$29,150 $30,942 $14,316 
____________________________________________
(1)    Stock-based compensation expense recorded within Cost of sales (exclusive of depreciation and amortization) amounted to $2.2 million, $3.3 million, and $3.4 million in Fiscal 2022, Fiscal 2021, and Fiscal 2020, respectively. All other stock-based compensation expense is included in Selling, general, and administrative expenses.
Schedule of Unvested Deferred Award Roll Forward
Deferred Awards
Fiscal Years Ended
January 28, 2023January 29, 2022January 30, 2021
 Number of
Shares
Weighted
Average
Grant Date
Fair Value
Number of
Shares
Weighted
Average
Grant Date
Fair Value
Number of
Shares
Weighted
Average
Grant Date
Fair Value
 (in thousands) (in thousands)(in thousands) 
Unvested Deferred Awards at beginning of year467 $57.60 550 $55.43 377 $97.88 
Granted159 46.56 157 76.59 410 41.73 
Vested (222)62.13 (229)63.73 (161)107.55 
Forfeited(122)53.09 (11)92.10 (76)82.07 
Unvested Deferred Awards at end of year282 $49.78 467 $57.60 550 $55.43 
Schedule of Unvested Performance Award Roll Forward
Performance Awards
Fiscal Years Ended
January 28, 2023January 29, 2022January 30, 2021
 
Number of
Shares(1)
Weighted
Average
Grant Date
Fair Value
Number of
Shares(1)
Weighted
Average
Grant Date
Fair Value
Number of
Shares(1)
Weighted
Average
Grant Date
Fair Value
 (in thousands) (in thousands) (in thousands) 
Unvested Performance Awards at beginning of year366 $70.01 350 $74.37 342 $99.97 
Granted90 48.84 164 75.01 144 52.16 
Shares earned in excess of (below) target192 48.17 (22)65.34 (101)118.00 
Vested shares, including shares earned in excess of target(58)101.62 (119)89.44 (4)107.51 
Forfeited(107)59.86 (7)90.22 (31)107.24 
Unvested Performance Awards at end of year483 $55.85 366 $70.01 350 $74.37 
____________________________________________
(1)For awards for which the performance period is complete, the number of unvested shares is based on actual shares that will vest upon completion of the service period. For awards for which the performance period is not yet complete, the number of unvested shares is based on the participants earning their target shares at 100%.