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STOCK-BASED COMPENSATION AND BENEFIT PLANS (Tables)
9 Months Ended
Nov. 01, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Company's Stock Option, Performance Share Unit and Restricted Share Activity
A summary of the balances of the Company's stock-based compensation plans as of November 1, 2020, and changes during the first three quarters then ended, is presented below:
Stock OptionsPerformance-Based Restricted Stock UnitsRestricted SharesRestricted Stock UnitsRestricted Stock Units
(Liability Accounting)
NumberWeighted-Average Exercise PriceNumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Fair Value
(In thousands, except per share amounts)
Balance at February 2, 2020776 $113.41 238 $103.52 $175.82 333 $108.44 29 $239.39 
Granted238 180.83 138 117.60 296.36 127 205.76 — — 
Exercised/released168 84.42 171 63.03 175.82 172 87.00 14 366.42 
Forfeited/expired26 157.71 158.76 — — 10 163.30 — — 
Balance at November 1, 2020820 $137.49 198 $146.25 $296.36 278 $164.21 15 $319.29 
Exercisable at November 1, 2020176 $107.43 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The following are weighted averages of the assumptions that were used in calculating the fair value of stock options granted during the first three quarters of fiscal 2020:
 Three Quarters Ended 
November 1, 2020
Expected term3.61 years
Expected volatility40.02 %
Risk-free interest rate0.32 %
Dividend yield— %