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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Feb. 04, 2024
Share-Based Payment Arrangement [Abstract]  
Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of stock options granted during 2023, 2022 and 2021 and the resulting weighted average grant date fair value per stock option:
 202320222021
Weighted average risk-free interest rate3.33 %2.50 %1.24 %
Weighted average expected stock option term (in years)6.256.256.25
Weighted average Company volatility50.60 %47.34 %47.58 %
Expected annual dividends per share$0.15 $0.15 $0.15 
Weighted average grant date fair value per stock option$43.47 $34.27 $48.28 

The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected stock option term. The expected stock option term represents the weighted average period of time that stock options granted are expected to be outstanding, based on vesting schedules and the contractual term of the stock options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected stock option term. Expected dividends are based on the anticipated common stock cash dividend rate for the Company at the time of grant.
The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving stock option grants. The Company will continue to evaluate the appropriateness of utilizing such method.
Share-based Payment Arrangement, Option, Activity [Table Text Block]
Stock option activity for the year was as follows:
(In thousands, except years and per stock option data)Stock OptionsWeighted Average Exercise
Price Per Stock Option		Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value
Outstanding at January 29, 2023694 $98.08 4.9$5,027 
Granted86 83.80 
Exercised180 99.00 
Forfeited / Expired87 105.74 
Outstanding at February 4, 2024513 $94.05 5.9$15,996 
Exercisable at February 4, 2024313 $104.33 4.4$7,312 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
RSU activity for the year was as follows:
(In thousands, except per RSU data)RSUsWeighted Average
Grant Date
Fair Value Per RSU
Non-vested at January 29, 20231,325 $77.33 
Granted652 84.10 
Vested569 76.23 
Forfeited233 81.57 
Non-vested at February 4, 20241,175 $80.79 
Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of PSUs subject to market conditions that were granted during 2023, 2022 and 2021 and the resulting weighted average grant date fair value:
202320222021
Weighted average risk-free interest rate3.56 %2.91 %0.33 %
Weighted average Company volatility58.21 %64.02 %60.69 %
Expected annual dividends per share$0.15 $0.15 $0.15 
Weighted average grant date fair value per PSU$120.42 $103.36 $159.29 
    
The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for the term corresponding to the three-year performance period. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the three-year performance period. Expected dividends are based on the anticipated common stock cash dividend rate for the Company at the time of grant.
For certain of the awards granted, the after-tax portion of the award is subject to a holding period of one year after the vesting date. For these awards, the grant date fair value was discounted 7.40%, 6.90% and 8.40% in 2023, 2022 and 2021, respectively, for the restriction of liquidity, which was calculated using the Finnerty model.
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Total PSU activity for the year was as follows:
(In thousands, except per PSU data)PSUsWeighted Average
Grant Date
Fair Value Per PSU
Non-vested at January 29, 2023244 $84.40 
Granted122 100.44 
   Increase due to market conditions achieved above target36 58.39 
   Reduction due to market conditions not satisfied18 71.92 
Vested139 61.69 
Forfeited9 103.03 
Non-vested at February 4, 2024236 $102.29