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Share-based payments (Tables)
12 Months Ended
Jan. 29, 2021
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

    

January 29,

    

January 31,

    

February 1,

 

2021

2020

2019

 

Expected dividend yield

 

0.9

%  

1.1

%  

1.2

%

Expected stock price volatility

 

26.4

%  

25.3

%  

25.0

%

Weighted average risk-free interest rate

 

0.7

%  

2.3

%  

2.7

%

Expected term of options (years)

 

5.2

6.2

6.3

Schedule of options activity

    

    

Average

    

Remaining

    

 

Options

Exercise

Contractual

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Price

Term in Years

Value

 

Balance, January 31, 2020

 

3,319,719

$

85.34

Granted

 

673,030

 

157.19

Exercised

 

(960,890)

 

73.19

Canceled

 

(120,319)

 

115.92

Balance, January 29, 2021

 

2,911,540

$

104.69

 

7.0

$

262,156

Exercisable at January 29, 2021

 

1,330,225

$

82.04

 

5.6

$

149,743

Schedule of performance share unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, January 31, 2020

 

217,448

Granted

 

240,114

Converted to common stock

 

(73,227)

Canceled

 

(17,282)

Balance, January 29, 2021

 

367,053

$

71,432

Schedule of restricted stock unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, January 31, 2020

 

418,669

Granted

 

190,156

Converted to common stock

 

(201,934)

Canceled

 

(37,020)

Balance, January 29, 2021

 

369,871

$

71,981

Schedule of share-based compensation expense

Stock

Performance

Restricted

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Total

 

Year ended January 29, 2021

Pre-tax

$

19,933

$

27,388

$

21,288

$

68,609

Net of tax

$

14,730

$

20,240

$

15,732

$

50,702

Year ended January 31, 2020

Pre-tax

$

16,128

$

13,343

$

19,118

$

48,589

Net of tax

$

12,080

$

9,994

$

14,319

$

36,393

Year ended February 1, 2019

Pre-tax

$

14,556

$

8,597

$

17,726

$

40,879

Net of tax

$

10,902

$

6,439

$

13,277

$

30,618