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Stock-Based Awards (Tables)
12 Months Ended
Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Nonvested Stock and Restricted Stock Unit Activity

The following table summarizes nonvested stock and restricted stock unit activity, including restricted stock equivalents and restricted stock unit equivalents issued in lieu of cash dividends:

 

 

2022

2021

2020

(Shares in Thousands)

Shares

Weighted
Average
Grant
Date Fair
Value

Shares

Weighted
Average
Grant
Date Fair
Value

Shares

Weighted
Average
Grant
Date Fair
Value

Balance at beginning of year

2,769

$36.17

3,451

$32.09

2,312

$56.24

Granted

1,098

47.67

696

55.31

2,640

20.46

Vested

(1,060)

38.73

(1,165)

35.80

(1,053)

52.83

Forfeited

(368)

41.71

(213)

34.68

(448)

39.21

Balance at end of year

2,439

$39.40

2,769

$36.17

3,451

$32.09

 

Summary of Performance Share Activity

The following table summarizes performance share unit activity by year:

 

 

2022

2021

2020

(Shares in Thousands)

Shares

Weighted
Average
Grant
Date Fair
Value

Shares

Weighted
Average
Grant
Date Fair
Value

Shares

Weighted
Average
Grant
Date Fair
Value

Balance at beginning of year

856

$42.74

1,037

$49.95

1,274

$61.55

Granted

553

40.92

225

58.07

699

19.76

Vested

(211)

72.21

(826)

42.72

Forfeited

(596)

36.79

(195)

66.88

(110)

46.79

Balance at end of year

813

$45.87

856

$42.74

1,037

$49.95

Summary of stock option activity

The following table summarizes our stock option activity:

 

 

2022

2021

2020

(Shares in Thousands)

Shares

Weighted
Average
Exercise
Price

Shares

Weighted
Average
Exercise
Price

Shares

Weighted
Average
Exercise
Price

Balance at beginning of year

12

$48.66

36

$52.15

87

$51.78

Exercised

(12)

48.66

(23)

54.00

Forfeited/expired

(1)

51.27

(51)

51.53

Balance at end of year

12

$48.66

36

$52.15