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Stock-Based Compensation
12 Months Ended
Feb. 03, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Stock-Based Compensation Stock-Based Compensation
For fiscal 2023, 2022, and 2021, the Company recognized stock-based compensation expense as follows:

($000)202320222021
Restricted stock$92,511 $85,092 $72,210 
Performance awards48,584 32,484 57,582 
Employee stock purchase plan (“ESPP”)4,395 4,360 4,425 
Total$145,490 $121,936 $134,217 

Capitalized stock-based compensation cost was not material in any year presented.

At February 3, 2024, the Company had one active stock-based compensation plan (further described in Note H: Stockholders’ Equity). The Company recognizes expense for ESPP purchase rights equal to the value of the 15% discount given on the purchase date.

Total stock-based compensation recognized in the Company’s Consolidated Statements of Earnings for fiscal 2023, 2022, and 2021 is as follows:

Statements of Earnings Classification ($000)
202320222021
Cost of goods sold$76,301 $67,141 $66,500 
Selling, general and administrative69,189 54,795 67,717 
Total$145,490 $121,936 $134,217 
The tax benefits related to stock-based compensation expense for fiscal 2023, 2022, and 2021 were $29.6 million, $24.8 million, and $25.6 million, respectively.