Stock-Based Compensation (Tables)

12 Months Ended

Jan. 30, 2022

Share-based Payment Arrangement [Abstract]

Summary of Restricted Stock Units Activity

The following table summarizes our restricted stock unit activity during fiscal 2021:

	Shares	Weighted Average Grant Date Fair Value		Weighted Average Contractual Term Remaining (Years)	Intrinsic Value 1
Balance at January 31, 2021	3,118,884	$	56.62
Granted	436,590	172.58
Granted, with vesting subject to performance conditions	107,075	171.97
Released 2	(1,119,130)	52.58
Cancelled	(159,387)	78.88
Balance at January 30, 2022	2,384,032	$	83.49	2.76	$	369,072,000
Vested plus expected to vest at January 30, 2022	2,429,762	$	90.18	3.50	$	376,151,000

1Intrinsic value for outstanding and unvested restricted stock units is based on the market value of our common stock on the last business day of the fiscal year (or $154.81).

2Excludes 228,666 incremental shares released due to achievement of performance conditions above target.

The following table summarizes additional information about restricted stock units:  

	For the Fiscal Year Ended
	January 30, 2022		January 31, 2021		February 2, 2020
Weighted average grant date fair value per share of awards granted	$	172.46	$	59.51	$	58.18
Intrinsic value of awards released1 2	$	234,293,000	$	74,853,000	$	65,403,000

1Intrinsic value for releases is based on the market value on the date of release.

2Includes 228,666 incremental shares released due to achievement of performance conditions above target.