Stock-Based Compensation (Tables)

6 Months Ended

May 02, 2025

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				Six Months Ended
(Dollars in millions)	May 2, 2025		May 3, 2024		May 2, 2025		May 3, 2024
Stock option awards	$	2.6	$	3.3	$	4.3	$	8.1
Performance share awards	1.1		1.5		1.7		2.6
Restricted stock unit awards	1.7		2.1		3.1		4.0
Unrestricted common stock awards	—		—		0.7		0.6
Total compensation cost for stock-based compensation awards	$	5.4	$	6.9	$	9.8	$	15.3

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 six months of the following fiscal periods:

	Fiscal 2025	Fiscal 2024
Expected life of option in years	6.42	6.37
Expected stock price volatility	28.08%	26.75%
Risk-free interest rate	4.47%	3.94%
Expected dividend yield	1.43%	1.15%
Per share weighted-average fair value at date of grant	$25.53	$30.40