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STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Aug. 04, 2024
Share-Based Payment Arrangement [Abstract]  
Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of stock options granted during the twenty-six weeks ended August 4, 2024 and the resulting weighted average grant date fair value per stock option:
8/4/24
Weighted average risk-free interest rate4.33 %
Weighted average expected stock option term (in years)6.25
Weighted average Company volatility53.32 %
Expected annual dividends per share    $0.15  
Weighted average grant date fair value per stock option$60.96  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
Stock option activity for the twenty-six weeks ended August 4, 2024 was as follows:
(In thousands, except per stock option data)Stock OptionsWeighted Average Exercise Price
Per Stock Option
Outstanding at February 4, 2024513 $94.05 
  Granted58 109.75 
  Exercised60 121.28 
  Forfeited / Expired4 124.53 
Outstanding at August 4, 2024507 $92.37 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
RSU activity for the twenty-six weeks ended August 4, 2024 was as follows:
(In thousands, except per RSU data)RSUsWeighted Average Grant Date Fair Value Per RSU
Non-vested at February 4, 20241,175 $80.79 
  Granted494 109.66 
  Vested370 81.54 
  Forfeited90 86.21 
Non-vested at August 4, 20241,209 $91.95 
Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]
The following summarizes the assumptions used to estimate the fair value of PSUs subject to market conditions that were granted during the twenty-six weeks ended August 4, 2024 and the resulting weighted average grant date fair value:
8/4/24
Weighted average risk-free interest rate4.71 %
Weighted average Company volatility48.28 %
Expected annual dividends per share$0.15 
Weighted average grant date fair value per PSU$138.12 
For certain of the awards granted, the after-tax portion of the award is subject to a holding period of one year after the vesting date. For these awards, the grant date fair value was discounted 4.40% for the restriction of liquidity, which was calculated using the Finnerty model.
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Total PSU activity for the twenty-six weeks ended August 4, 2024 was as follows:
(In thousands, except per PSU data)PSUsWeighted Average Grant Date Fair Value Per PSU
Non-vested at February 4, 2024236 $102.29 
  Granted127 122.76 
  Reduction due to market conditions achieved below target1 157.70 
  Vested55 124.12 
  Forfeited— — 
Non-vested at August 4, 2024307 $106.68