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Share-based payments (Tables)
12 Months Ended
Jan. 31, 2025
Share-based payments  
Schedule of weighted averages for key assumptions used in determining the fair value of all stock option grants

    

January 31,

    

February 2,

    

February 3,

 

2025

2024

2023

 

Expected dividend yield

 

1.6

%  

1.5

%  

1.0

%

Expected stock price volatility

 

30.4

%  

27.7

%  

25.4

%

Weighted average risk-free interest rate

 

4.1

%  

4.1

%  

2.4

%

Expected term of options (years)

 

4.7

4.7

4.8

Schedule of stock option activity

    

    

Average

    

Remaining

    

 

Options

Exercise

Contractual

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Price

Term in Years

Value

 

Balance, February 2, 2024

 

2,413,642

$

164.21

Granted

 

891,666

 

148.85

Exercised

 

(101,719)

 

100.04

Canceled or expired

 

(243,651)

 

178.65

Balance, January 31, 2025

 

2,959,938

$

160.60

 

6.7

$

28,020

Exercisable at January 31, 2025

 

1,366,006

$

159.59

 

4.6

$

28,020

Schedule of performance share unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, February 2, 2024

 

174,160

Granted

 

70,010

Converted to common stock

 

(115,251)

Canceled

 

(57,189)

Balance, January 31, 2025

 

71,730

$

5,097

Schedule of restricted stock unit award activity

    

Units

    

Intrinsic

 

(Intrinsic value amounts reflected in thousands)

Issued

Value

 

Balance, February 2, 2024

 

370,463

Granted

 

507,975

Converted to common stock

 

(144,713)

Canceled

 

(91,765)

Balance, January 31, 2025

 

641,960

$

45,618

Schedule of share-based compensation expense

Stock

Performance

Restricted

 

(In thousands)

    

Options

    

Share Units

    

Stock Units

    

Total

 

Year ended January 31, 2025

Pre-tax

$

21,137

$

970

$

36,631

$

58,738

Net of tax

$

16,529

$

759

$

28,645

$

45,933

Year ended February 2, 2024

Pre-tax

$

19,400

$

1,732

$

30,759

$

51,891

Net of tax

$

15,210

$

1,358

$

24,115

$

40,683

Year ended February 3, 2023

Pre-tax

$

20,502

$

26,920

$

25,249

$

72,671

Net of tax

$

15,893

$

20,868

$

19,573

$

56,334