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Stock-Based Awards (Tables)
12 Months Ended
Feb. 03, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Nonvested Stock and Restricted Stock Unit Activity

The following table summarizes nonvested stock and restricted stock unit activity, including restricted stock equivalents and restricted stock unit equivalents issued in lieu of cash dividends:

 

 

2023

2022

2021

(Shares and Units in Thousands)

Shares

Weighted Average Grant Date Fair Value

Shares

Weighted Average Grant Date Fair Value

Shares

Weighted Average Grant Date Fair Value

Balance at beginning of year

2,439

$39.40

2,769

$36.17

3,451

$32.09

Granted

2,229

22.97

1,098

47.67

696

55.31

Vested

(1,160)

36.65

(1,060)

38.73

(1,165)

35.80

Forfeited

(409)

31.48

(368)

41.71

(213)

34.68

Balance at end of year

3,099

$29.66

2,439

$39.40

2,769

$36.17

Summary of Performance Share Activity

The following table summarizes performance share unit activity by year:

 

 

2023

2022

2021

(Units in Thousands)

Units

Weighted Average Grant Date Fair Value

Units

Weighted Average Grant Date Fair Value

Units

Weighted Average Grant Date Fair Value

Balance at beginning of year

813

$45.87

856

$42.74

1,037

$49.95

Granted

770

20.23

553

40.92

225

58.07

Vested

(582)

23.78

(211)

72.21

Forfeited

(224)

65.80

(596)

36.79

(195)

66.88

Balance at end of year

777

$31.26

813

$45.87

856

$42.74

Summary of stock option activity

The following table summarizes our stock option activity:

 

 

2023

2022

2021

(Shares in Thousands)

Shares

Weighted Average Exercise Price

Shares

Weighted Average Exercise Price

Shares

Weighted Average Exercise Price

Balance at beginning of year

$—

12

$48.66

36

$52.15

Exercised

(12)

48.66

(23)

54.00

Forfeited/expired

(1)

51.27

Balance at end of year

$—

$—

12

$48.66