Share-Based Compensation - (Tables)

12 Months Ended

Feb. 02, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes the activity related to the Company’s RSUs for Fiscal Year 2019 (in thousands, except for weighted average grant date fair value):

	Number of RSUs	Weighted Average Grant Date Fair Value
Outstanding as of February 3, 2019	—	$	—
Granted	26,677	$	36.31
Vested	(2,778)	$	36.86
Forfeited	(2,615)	$	36.62
Unvested and outstanding as of February 2, 2020	21,284	$	36.20

Fair Value Measurement Inputs and Valuation Techniques

The fair value of the RSUs with share price hurdles was determined on the date of grant using a Monte Carlo model to simulate total stockholder return for the Company and peer companies with the following assumptions:

Performance period	5 years
Weighted-average risk-free interest rate	1.8%
Weighted-average volatility	49.6%
Weighted-average dividend yield	—%

Share-based Compensation Expense

The Company recognized share-based compensation expense as follows (in thousands):

	Fiscal Year
	2019		2018		2017
RSUs	$	124,761	$	—	$	—
PIUs	10,165		14,351		11,209
Total share-based compensation expense	$	134,926	$	14,351	$	11,209