Stock-Based Compensation (Tables)

12 Months Ended

Feb. 01, 2020

Stock-Based Compensation.

Summary of Stock Option Activity

		Weighted-Average
	Options	Exercise Price
Outstanding—February 2, 2019	7,499,416	$	54.37
Granted	534,050		110.17
Exercised	(643,090)		42.20
Cancelled	(255,641)		90.88
Outstanding—February 1, 2020	7,134,735	$	58.34

Schedule of Assumptions Used to Estimate Fair Value of Stock Options Issued

	Year Ended
	February 1,		February 2,		February 3,
	2020		2019		2018
Expected volatility	55.7	%	54.7	%	48.3	%
Expected life (years)	7.1		6.7		9.3
Risk-free interest rate	2.3	%	2.9	%	2.2	%
Dividend yield	—		—		—

Summary of Additional Information about Stock Options

	Year Ended
	February 1,		February 2,		February 3,
	2020		2019		2018
Weighted-average fair value per share of stock options granted	$	63.35	$	69.60	$	24.24
Aggregate intrinsic value of stock options exercised (in thousands)		82,718		77,311		27,362
Fair value of stock options vested (in thousands)		11,816		13,915		38,402

Schedule of Stock Options Outstanding, Vested or Expected to Vest, and Exercisable

Information about stock options outstanding, vested or expected to vest, and exercisable as of February 1, 2020 is as follows:

	Options Outstanding				Options Exercisable
		Weighted-
		Average	Weighted-			Weighted-
		Remaining	Average			Average
	Number of	Contractual	Exercise		Number of	Exercise
Range of Exercise Prices	Options	Life (in years)	Price		Options	Price
$25.39 — $45.82	1,011,010	6.08	$	35.59	431,410	$	34.70
$46.50 — $46.50	2,876,826	2.75		46.50	2,876,826		46.50
$47.53 — $61.30	1,294,395	6.64		52.47	1,270,635		52.38
$68.30 — $90.92	1,160,604	3.68		77.21	1,101,689		76.67
$91.67 — $212.77	781,900	8.79		110.66	53,150		107.11
$241.97 — $241.97	10,000	9.84		241.97	—		—
Total	7,134,735	4.75	$	58.34	5,733,710	$	53.27
Vested or expected to vest	6,819,795		$	56.93

Summary of Restricted Stock Award Activity

		Weighted-
		Average
		Grant Date Fair		Intrinsic
	Awards	Value		Value
Outstanding—February 2, 2019	415,469	$	52.40
Granted	7,014		129.21
Released	(176,508)		59.61
Cancelled	(25,990)		53.05
Outstanding—February 1, 2020	219,985	$	49.00	$	45,921,869

Summary of Additional Information about Restricted Stock Awards

	Year Ended
	February 1,		February 2,		February 3,
	2020		2019		2018
Weighted-average fair value per share of awards granted	$	129.21	$	111.38	$	55.31
Grant date fair value of awards released (in thousands)		10,522		11,477		16,839