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Share-based payments (Tables)
12 Months Ended
Feb. 02, 2024
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

    

February 2,

    

February 3,

    

January 28,

 

2024

2023

2022

 

Expected dividend yield

 

1.5

%  

1.0

%  

0.9

%

Expected stock price volatility

 

27.7

%  

25.4

%  

26.5

%

Weighted average risk-free interest rate

 

4.1

%  

2.4

%  

0.8

%

Expected term of options (years)

 

4.7

4.8

4.9

Schedule of options activity

    

    

Average

    

Remaining

    

 

Options

Exercise

Contractual

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Price

Term in Years

Value

 

Balance, February 3, 2023

 

2,522,296

$

162.58

Granted

 

812,715

 

170.94

Exercised

 

(350,240)

 

97.45

Canceled or expired

 

(571,129)

 

207.54

Balance, February 2, 2024

 

2,413,642

$

164.21

 

6.7

$

26,616

Exercisable at February 2, 2024

 

1,065,948

$

141.49

 

4.9

$

21,259

Schedule of performance share unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, February 3, 2023

 

314,897

Granted

 

115,197

Converted to common stock

 

(175,476)

Canceled

 

(80,458)

Balance, February 2, 2024

 

174,160

$

23,714

Schedule of restricted stock unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, February 3, 2023

 

337,249

Granted

 

221,734

Converted to common stock

 

(140,507)

Canceled

 

(48,013)

Balance, February 2, 2024

 

370,463

$

50,442

Schedule of share-based compensation expense

Stock

Performance

Restricted

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Total

 

Year ended February 2, 2024

Pre-tax

$

19,400

$

1,732

$

30,759

$

51,891

Net of tax

$

15,210

$

1,358

$

24,115

$

40,683

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