Share-Based Payments (Tables)

8 Months Ended

May 08, 2021

Share-Based Payments

Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense

The weighted average fair value of the stock option awards granted during the thirty-six week periods ended May 8, 2021 and May 9, 2020, using the Black-Scholes-Merton multiple-option pricing valuation model, was $299.99 and $252.39 per share, respectively, using the following weighted average key assumptions:

	Thirty-Six Weeks Ended
	May 8,		May 9,
	2021		2020
Expected price volatility	28	%	22	%
Risk-free interest rate	0.4	%	1.4	%
Weighted average expected lives (in years)	5.6		5.5
Forfeiture rate	10	%	10	%
Dividend yield	0	%	0	%

Schedule of Nonvested Restricted Stock Units Activity

Transactions related to restricted stock units for the thirty-six weeks ended May 8, 2021 were as follows:

		Weighted-
	Number	Average Grant
	of Shares	Date Fair Value
Nonvested at August 29, 2020	14,160	$	910.63
Granted	8,064		1,149.77
Vested	(5,805)		977.48
Canceled or forfeited	(367)		1,025.45
Nonvested at May 8, 2021	16,052	$	1,003.38