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Share-based payments (Tables)
12 Months Ended
Feb. 03, 2023
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

    

February 3,

    

January 28,

    

January 29,

 

2023

2022

2021

 

Expected dividend yield

 

1.0

%  

0.9

%  

0.9

%

Expected stock price volatility

 

25.4

%  

26.5

%  

26.4

%

Weighted average risk-free interest rate

 

2.4

%  

0.8

%  

0.7

%

Expected term of options (years)

 

4.8

4.9

5.2

Schedule of options activity

    

    

Average

    

Remaining

    

 

Options

Exercise

Contractual

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Price

Term in Years

Value

 

Balance, January 28, 2022

 

2,347,510

$

133.62

Granted

 

813,165

 

219.82

Exercised

 

(514,264)

 

115.84

Canceled or expired

 

(124,115)

 

183.61

Balance, February 3, 2023

 

2,522,296

$

162.58

 

7.1

$

168,452

Exercisable at February 3, 2023

 

973,457

$

110.74

 

5.2

$

114,248

Schedule of performance share unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, January 28, 2022

 

337,243

Granted

 

169,657

Converted to common stock

 

(184,603)

Canceled

 

(7,400)

Balance, February 3, 2023

 

314,897

$

71,825

Schedule of restricted stock unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, January 28, 2022

 

307,118

Granted

 

222,420

Converted to common stock

 

(146,834)

Canceled

 

(45,455)

Balance, February 3, 2023

 

337,249

$

76,923

Schedule of share-based compensation expense

Stock

Performance

Restricted

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Total

 

Year ended February 3, 2023

Pre-tax

$

20,502

$

26,920

$

25,249

$

72,671

Net of tax

$

15,893

$

20,868

$

19,573

$

56,334

Year ended January 28, 2022

Pre-tax

$

21,452

$

33,234

$

23,492

$

78,178

Net of tax

$

15,853

$

24,560

$

17,361

$

57,774

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