Stock-Based Compensation (Tables)

3 Months Ended

Feb. 02, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Cost Related to Stock-Based Awards

Compensation costs related to stock-based compensation awards were as follows:

	Three Months Ended
(Dollars in millions)	February 2, 2024		February 3, 2023
Stock option awards	$	4.8	$	1.7
Performance share awards	1.1		0.8
Restricted stock unit awards	1.9		1.6
Unrestricted common stock awards	0.6		1.1
Total compensation cost for stock-based compensation awards	$	8.4	$	5.2

Schedule of Assumptions for Options Granted

The table below illustrates the weighted-average valuation assumptions used under the Black-Scholes valuation method for options granted in the first three months of the following fiscal periods:

	Fiscal 2024	Fiscal 2023
Expected life of option in years	6.38	6.32
Expected stock price volatility	26.75%	25.19%
Risk-free interest rate	3.94%	3.79%
Expected dividend yield	1.15%	0.95%
Per share weighted-average fair value at date of grant	$30.42	$33.23