Stock-Based Awards (Tables)

3 Months Ended

May 01, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense and Related Tax Benefit Recognized

Stock-based compensation expense and the related tax benefit recognized during the three months ended May 1, 2021 and April 25, 2020 were as follows (dollars in thousands):

	For the Three Months Ended
	May 1, 2021		April 25, 2020
Stock-based compensation	$	3,740	$	2,322
Income tax effect of stock-based compensation	$	919	$	573

Schedule of Share-based Compensation, Stock Options Award Activity

The following table summarizes stock option award activity during the three months ended May 1, 2021:

	Stock Options
	Shares	Weighted Average Exercise Price
Outstanding as of January 30, 2021	344,963	$	49.66
Granted	29,738	$	85.02
Options exercised	(11,169)	$	32.77
Canceled	—	—
Outstanding as of May 1, 2021	363,532	$	53.07
Exercisable options as of May 1, 2021	254,745	$	53.00

Schedule of Share-based Compensation, RSU and Performance RSU Activity

The following table summarizes RSU and Performance RSU award activity during the three months ended May 1, 2021:

	Restricted Stock
	RSUs			Performance RSUs
	Share Units	Weighted Average Grant Date Fair Value		Share Units	Weighted Average Grant Date Fair Value
Outstanding as of January 30, 2021	648,361	$	33.29	425,344	$	54.03
Granted	57,732	$	85.11	272,942	$	85.01
Share units vested	(155,763)	$	33.25	(70,890)	$	57.59
Forfeited or canceled	(5,482)	$	42.66	(164,410)	$	61.47
Outstanding as of May 1, 2021	544,848	$	38.70	462,986	$	69.10