Stock-Based Compensation (Tables)

9 Months Ended

Aug. 02, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Cost Related to Stock-Based Compensation Awards

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

	Three Months Ended				Nine Months Ended
(Dollars in millions)	August 2, 2024		August 4, 2023		August 2, 2024		August 4, 2023
Stock option awards	$	3.2	$	2.0	$	11.3	$	6.3
Performance share awards	(1.0)		(0.2)		1.6		1.9
Restricted stock unit awards	2.0		1.9		6.0		5.1
Unrestricted common stock awards	—		—		0.6		1.1
Total compensation cost for stock-based compensation awards	$	4.2	$	3.7	$	19.5	$	14.4

Schedule of weighted-average valuation assumptions used under the Black-Scholes valuation method 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 nine months of the following fiscal periods:

	Fiscal 2024	Fiscal 2023
Expected life of option in years	6.37	6.31
Expected stock price volatility	26.76%	25.20%
Risk-free interest rate	3.95%	3.79%
Expected dividend yield	1.15%	0.95%
Per share weighted-average fair value at date of grant	$30.39	$33.21