XML 192 R2.htm IDEA: XBRL DOCUMENT v3.24.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Feb. 03, 2024
Jan. 28, 2023
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay versus performance
​
The following table sets forth additional compensation information of our Principal Executive Officer (PEO) and our non-PEO NEOs along with
total shareholder return, net income, and net sales performance results for our fiscal 2023, 2022, 2021, and 2020:
​
​
Year(1)
​ ​
Summary
Compensation
Table Total for
First PEO
($)
​ ​
Summary
Compensation
Table Total for
Second PEO
($)
​ ​
Compensation
Actually Paid to
First PEO(2)(3)($)
($)
​ ​
Compensation
Actually Paid to
Second
PEO(2)(3)($)
($)
​ ​
Average
Summary
Compensation
Table Total for
Non-PEO
Named
Executive
Officers
($)
​ ​
Average
Compensation
Actually Paid to
Non-PEO
Named
Executive
Officer(2)(3)($)
($)
​ ​
Value of Initial Fixed $100
Investment
Based on:
​ ​
Net
Income
(Loss)(6)
($)
​ ​
Net
Sales(6)(7)
($)
​ ​ ​ ​
​
Total
Shareholder
Return(4)
($)
​ ​
Peer Group
Total
Shareholder
Return(5)
($)
​ ​ ​ ​
​ 2023 ​ ​ ​ ​ 8,962,889 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 9,769,583(8) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 5,882,538 ​ ​ ​ ​ ​ 6,168,329(8) ​ ​ ​ ​ ​ 75.08 ​ ​ ​ ​ ​ 174.14 ​ ​ ​ ​ ​ 317 ​ ​ ​ ​ ​ 16,586 ​ ​ ​ ​ ​
​ 2022 ​ ​ ​ ​ 9,034,094 ​ ​ ​ ​ ​ 4,427,865 ​ ​ ​ ​ ​ (57,026,989)(9) ​ ​ ​ ​ ​ 4,710,588(9) ​ ​ ​ ​ ​ 3,420,060 ​ ​ ​ ​ ​ (3,655,769)(9) ​ ​ ​ ​ ​ 82.19 ​ ​ ​ ​ ​ 123.99 ​ ​ ​ ​ ​ (19) ​ ​ ​ ​ ​ 17,161 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ 2021 ​ ​ ​ ​ 12,924,834 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 34,227,502(10) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,016,239 ​ ​ ​ ​ ​ 8,475,219(10) ​ ​ ​ ​ ​ 148.59 ​ ​ ​ ​ ​ 149.72 ​ ​ ​ ​ ​ 938 ​ ​ ​ ​ ​ 18,471 ​ ​ ​ ​ ​
​ 2020 ​ ​ ​ ​ 12,855,375 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 31,770,487(11) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,836,246 ​ ​ ​ ​ ​ 7,644,846(11) ​ ​ ​ ​ ​ 106.88 ​ ​ ​ ​ ​ 141.39 ​ ​ ​ ​ ​ (163) ​ ​ ​ ​ ​ 15,031 ​ ​ ​ ​ ​
​
(1)
NEOs included in the above compensation columns reflect the following:
​
​
Year
​ ​
PEO #1
​ ​
PEO #2
​ ​
Non-PEOs
​
​ 2023 ​ ​ Mr. Kingsbury ​ ​ N/A ​ ​ Ms. Timm, Mr. Hand, Mr. Jones, Ms. Kent, Mr. Alves ​
​ 2022 ​ ​ Ms. Gass ​ ​ Mr. Kingsbury ​ ​ Ms. Timm, Mr. Chini, Ms. Mc Feeney, Ms. Raymond, Mr. Gaffney, Mr. Revelle ​
​ 2021 ​ ​ Ms. Gass ​ ​ N/A ​ ​ Ms. Timm, Mr. Howe, Mr. Revelle, Mr. Gaffney ​
​ 2020 ​ ​ Ms. Gass ​ ​ N/A ​ ​ Ms. Timm, Mr. Howe, Mr. Revelle, Mr. Kelroy ​
​
(2)
Fair value or change in fair value, as applicable, of equity awards in the “Actually Paid” columns was determined by reference to (1) for restricted stock awards and units, closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price, (2) for performance share units the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s) multiplied times the probability of achievement as of each such date.
​
(3)
For the portion of “Actually Paid” compensation that is based on year-end stock prices, the following per share prices were used:
​
​
2023
​ ​
2022
​ ​
2021
​ ​
2020
​ ​
2019
​
​
$26.40
​ ​
$31.49
​ ​
$60.16
​ ​
$44.06
​ ​
$42.75
​
​
(4)
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the applicable measurement period (assuming dividend reinvestment) and the difference between the Company’s share price at the
​
end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Cumulative TSR for each fiscal year assumes an investment of $100 at the beginning of the applicable measurement period.
(5)
Peer group TSR reflects the Company’s 2023 peer group which is the S&P 500 Consumer Discretionary Distribution & Retailing Index (formerly known as the S&P 500 Retailing Index) as reflected in our 2023 Annual Report on Form the 10-K pursuant to Item 201(e) of Regulation S-K. The chart assumes an investment of $100 on February 1, 2020 and reinvestment of dividends. The calculations exclude trading commissions and taxes.
​
(6)
Dollars in Millions
​
(7)
Net Sales is the financial measure that the Company believes to be the most important measure (that is not otherwise required to be disclosed in the table) it used in the most recent fiscal year to determine compensation.
​
(8)
2023 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2023 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2023 Summary Compensation Table (SCT)
​ ​ ​ ​ 8,962,889 ​ ​ ​ ​ ​ 5,882,538 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (4,699,989) ​ ​ ​ ​ ​ (3,194,999) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 5,938,380 ​ ​ ​ ​ ​ 3,248,521 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ (67,486) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ 399,648 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (431,697) ​ ​ ​ ​ ​ (99,893) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
806,694
​ ​ ​ ​
​
285,791
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2023
​ ​ ​ ​ 9,769,583 ​ ​ ​ ​ ​ 6,168,329 ​ ​
​
(9)
2022 compensation “Actually Paid” to the first PEO, second PEO, and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2022 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Second PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Reported in 2022 Summary Compensation Table (SCT)
​ ​ ​ ​ 9,034,094 ​ ​ ​ ​ ​ 4,427,865 ​ ​ ​ ​ ​ 3,420,060 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,549,993) ​ ​ ​ ​ ​ (3,920,000) ​ ​ ​ ​ ​ (1,891,344) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,226,216 ​ ​ ​ ​ ​ 972,774 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding
and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,905,529) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 67,135 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards
that Vested this Year
​ ​ ​ ​ 143,079 ​ ​ ​ ​ ​ (23,493) ​ ​ ​ ​ ​ (389,692)(a) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ (58,654,169) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,929,173)(a) ​ ​
​
Total Adjustments
​ ​ ​
​
(66,061,083)
​ ​ ​ ​
​
282,723
​ ​ ​ ​
​
(7,075,829)
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2022
​ ​ ​ ​ (57,026,989) ​ ​ ​ ​ ​ 4,710,588 ​ ​ ​ ​ ​ (3,655,769) ​ ​
​
(a)
In the 2023 Proxy, a Non-PEO stock award was incorrectly classified as a Prior Year award that Vested in Fiscal 2022 instead of a Prior Year award that failed to vest in Fiscal 2022. This classification has been corrected in the Average Non-PEO column and restated in the footnotes shown here. There is no impact to total adjustments or Compensation Actually Paid for Fiscal Year 2022.
​
(10)
2021 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2021 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2021 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,924,834 ​ ​ ​ ​ ​ 4,016,239 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,250,011) ​ ​ ​ ​ ​ (1,375,046) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 14,444,589 ​ ​ ​ ​ ​ 2,739,579 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ 12,179,438 ​ ​ ​ ​ ​ 2,675,545 ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ 1,928,652 ​ ​ ​ ​ ​ 418,902 ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
21,302,668
​ ​ ​ ​
​
4,458,980
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2021
​ ​ ​ ​ 34,227,502 ​ ​ ​ ​ ​ 8,475,219 ​ ​
​
(11)
2020 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2020 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2020 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,855,375 ​ ​ ​ ​ ​ 3,836,246 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (8,853,685) ​ ​ ​ ​ ​ (1,962,007) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 35,993,323 ​ ​ ​ ​ ​ 7,091,195 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ (6,205,629) ​ ​ ​ ​ ​ (782,823) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (2,018,897) ​ ​ ​ ​ ​ (537,765) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
18,915,112
​ ​ ​ ​
​
3,808,600
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2020
​ ​ ​ ​ 31,770,487 ​ ​ ​ ​ ​ 7,644,846 ​ ​
       
Company Selected Measure Name Net Sales        
Named Executive Officers, Footnote
(1)
NEOs included in the above compensation columns reflect the following:
​
​
Year
​ ​
PEO #1
​ ​
PEO #2
​ ​
Non-PEOs
​
​ 2023 ​ ​ Mr. Kingsbury ​ ​ N/A ​ ​ Ms. Timm, Mr. Hand, Mr. Jones, Ms. Kent, Mr. Alves ​
​ 2022 ​ ​ Ms. Gass ​ ​ Mr. Kingsbury ​ ​ Ms. Timm, Mr. Chini, Ms. Mc Feeney, Ms. Raymond, Mr. Gaffney, Mr. Revelle ​
​ 2021 ​ ​ Ms. Gass ​ ​ N/A ​ ​ Ms. Timm, Mr. Howe, Mr. Revelle, Mr. Gaffney ​
​ 2020 ​ ​ Ms. Gass ​ ​ N/A ​ ​ Ms. Timm, Mr. Howe, Mr. Revelle, Mr. Kelroy ​
       
Peer Group Issuers, Footnote
(5)
Peer group TSR reflects the Company’s 2023 peer group which is the S&P 500 Consumer Discretionary Distribution & Retailing Index (formerly known as the S&P 500 Retailing Index) as reflected in our 2023 Annual Report on Form the 10-K pursuant to Item 201(e) of Regulation S-K. The chart assumes an investment of $100 on February 1, 2020 and reinvestment of dividends. The calculations exclude trading commissions and taxes.
​
        
Adjustment To PEO Compensation, Footnote
(8)
2023 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2023 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2023 Summary Compensation Table (SCT)
​ ​ ​ ​ 8,962,889 ​ ​ ​ ​ ​ 5,882,538 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (4,699,989) ​ ​ ​ ​ ​ (3,194,999) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 5,938,380 ​ ​ ​ ​ ​ 3,248,521 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ (67,486) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ 399,648 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (431,697) ​ ​ ​ ​ ​ (99,893) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
806,694
​ ​ ​ ​
​
285,791
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2023
​ ​ ​ ​ 9,769,583 ​ ​ ​ ​ ​ 6,168,329 ​ ​
​
(9)
2022 compensation “Actually Paid” to the first PEO, second PEO, and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2022 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Second PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Reported in 2022 Summary Compensation Table (SCT)
​ ​ ​ ​ 9,034,094 ​ ​ ​ ​ ​ 4,427,865 ​ ​ ​ ​ ​ 3,420,060 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,549,993) ​ ​ ​ ​ ​ (3,920,000) ​ ​ ​ ​ ​ (1,891,344) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,226,216 ​ ​ ​ ​ ​ 972,774 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding
and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,905,529) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 67,135 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards
that Vested this Year
​ ​ ​ ​ 143,079 ​ ​ ​ ​ ​ (23,493) ​ ​ ​ ​ ​ (389,692)(a) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ (58,654,169) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,929,173)(a) ​ ​
​
Total Adjustments
​ ​ ​
​
(66,061,083)
​ ​ ​ ​
​
282,723
​ ​ ​ ​
​
(7,075,829)
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2022
​ ​ ​ ​ (57,026,989) ​ ​ ​ ​ ​ 4,710,588 ​ ​ ​ ​ ​ (3,655,769) ​ ​
​
(a)
In the 2023 Proxy, a Non-PEO stock award was incorrectly classified as a Prior Year award that Vested in Fiscal 2022 instead of a Prior Year award that failed to vest in Fiscal 2022. This classification has been corrected in the Average Non-PEO column and restated in the footnotes shown here. There is no impact to total adjustments or Compensation Actually Paid for Fiscal Year 2022.
​
(10)
2021 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2021 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2021 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,924,834 ​ ​ ​ ​ ​ 4,016,239 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,250,011) ​ ​ ​ ​ ​ (1,375,046) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 14,444,589 ​ ​ ​ ​ ​ 2,739,579 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ 12,179,438 ​ ​ ​ ​ ​ 2,675,545 ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ 1,928,652 ​ ​ ​ ​ ​ 418,902 ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
21,302,668
​ ​ ​ ​
​
4,458,980
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2021
​ ​ ​ ​ 34,227,502 ​ ​ ​ ​ ​ 8,475,219 ​ ​
​
(11)
2020 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2020 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2020 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,855,375 ​ ​ ​ ​ ​ 3,836,246 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (8,853,685) ​ ​ ​ ​ ​ (1,962,007) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 35,993,323 ​ ​ ​ ​ ​ 7,091,195 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ (6,205,629) ​ ​ ​ ​ ​ (782,823) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (2,018,897) ​ ​ ​ ​ ​ (537,765) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
18,915,112
​ ​ ​ ​
​
3,808,600
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2020
​ ​ ​ ​ 31,770,487 ​ ​ ​ ​ ​ 7,644,846 ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 5,882,538 $ 3,420,060 $ 4,016,239 $ 3,836,246  
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,168,329 (3,655,769) 8,475,219 7,644,846  
Adjustment to Non-PEO NEO Compensation Footnote
(8)
2023 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2023 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2023 Summary Compensation Table (SCT)
​ ​ ​ ​ 8,962,889 ​ ​ ​ ​ ​ 5,882,538 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (4,699,989) ​ ​ ​ ​ ​ (3,194,999) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 5,938,380 ​ ​ ​ ​ ​ 3,248,521 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ (67,486) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ 399,648 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (431,697) ​ ​ ​ ​ ​ (99,893) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
806,694
​ ​ ​ ​
​
285,791
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2023
​ ​ ​ ​ 9,769,583 ​ ​ ​ ​ ​ 6,168,329 ​ ​
​
(9)
2022 compensation “Actually Paid” to the first PEO, second PEO, and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2022 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Second PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Reported in 2022 Summary Compensation Table (SCT)
​ ​ ​ ​ 9,034,094 ​ ​ ​ ​ ​ 4,427,865 ​ ​ ​ ​ ​ 3,420,060 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,549,993) ​ ​ ​ ​ ​ (3,920,000) ​ ​ ​ ​ ​ (1,891,344) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ — ​ ​ ​ ​ ​ 4,226,216 ​ ​ ​ ​ ​ 972,774 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding
and Unvested
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,905,529) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 67,135 ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards
that Vested this Year
​ ​ ​ ​ 143,079 ​ ​ ​ ​ ​ (23,493) ​ ​ ​ ​ ​ (389,692)(a) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ (58,654,169) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ (2,929,173)(a) ​ ​
​
Total Adjustments
​ ​ ​
​
(66,061,083)
​ ​ ​ ​
​
282,723
​ ​ ​ ​
​
(7,075,829)
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2022
​ ​ ​ ​ (57,026,989) ​ ​ ​ ​ ​ 4,710,588 ​ ​ ​ ​ ​ (3,655,769) ​ ​
​
(a)
In the 2023 Proxy, a Non-PEO stock award was incorrectly classified as a Prior Year award that Vested in Fiscal 2022 instead of a Prior Year award that failed to vest in Fiscal 2022. This classification has been corrected in the Average Non-PEO column and restated in the footnotes shown here. There is no impact to total adjustments or Compensation Actually Paid for Fiscal Year 2022.
​
(10)
2021 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2021 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2021 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,924,834 ​ ​ ​ ​ ​ 4,016,239 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (7,250,011) ​ ​ ​ ​ ​ (1,375,046) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 14,444,589 ​ ​ ​ ​ ​ 2,739,579 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ 12,179,438 ​ ​ ​ ​ ​ 2,675,545 ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ 1,928,652 ​ ​ ​ ​ ​ 418,902 ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
21,302,668
​ ​ ​ ​
​
4,458,980
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2021
​ ​ ​ ​ 34,227,502 ​ ​ ​ ​ ​ 8,475,219 ​ ​
​
(11)
2020 compensation “Actually Paid” to PEO and the average Actually Paid to non-PEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
​
​
Adjustments to Determine 2020 Compensation “Actually Paid”
​ ​
First PEO
($)
​ ​
Average Non-PEO
($)
​
​
Total Reported in 2020 Summary Compensation Table (SCT)
​ ​ ​ ​ 12,855,375 ​ ​ ​ ​ ​ 3,836,246 ​ ​
​
Less, Value of Stock Awards Reported in SCT
​ ​ ​ ​ (8,853,685) ​ ​ ​ ​ ​ (1,962,007) ​ ​
​
Plus, Year-End Value of Awards Granted in Fiscal Year that Are Unvested and Outstanding
​ ​ ​ ​ 35,993,323 ​ ​ ​ ​ ​ 7,091,195 ​ ​
​
Plus, Change in Fair Value of Prior Year Awards that Are Outstanding and Unvested
​ ​ ​ ​ (6,205,629) ​ ​ ​ ​ ​ (782,823) ​ ​
​
Plus, FMV of Awards Granted this Year and that Vested this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Plus, Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year
​ ​ ​ ​ (2,018,897) ​ ​ ​ ​ ​ (537,765) ​ ​
​
Less, Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Total Adjustments
​ ​ ​
​
18,915,112
​ ​ ​ ​
​
3,808,600
​ ​
​
Actual Compensation Actually Paid for Fiscal Year 2020
​ ​ ​ ​ 31,770,487 ​ ​ ​ ​ ​ 7,644,846 ​ ​
       
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: bc_paidvstsr-pn.jpg]
       
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_paidvsnetincome-pn.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_paidvsnetsales-pn.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_paidvstsr-pn.jpg]        
Tabular List, Table
The following unranked performance measures reflect the Company’s most important performance measures in effect for 2023, as further described and defined in the Compensation Discussion and Analysis.
​
Most important Performance Measures for 2023
​
​
■
Operating Income
​
 ​
​
■
Net Sales
​
 ​
​
■
Merchandise Sales
​
 ​
​
■
Operating Margin
​
 ​
​
■
Operating Cash Flow
​
 ​
       
Total Shareholder Return Amount $ 75.08 82.19 148.59 106.88  
Peer Group Total Shareholder Return Amount 174.14 123.99 149.72 141.39  
Net Income (Loss) $ 317,000,000 $ (19,000,000) $ 938,000,000 $ (163,000,000)  
Company Selected Measure Amount 16,586,000,000 17,161,000,000 18,471,000,000 15,031,000,000  
PEO Name Mr. Kingsbury        
Share Price $ 26.4 $ 31.49 $ 60.16 $ 44.06 $ 42.75
Measure:: 1          
Pay vs Performance Disclosure          
Name Operating Income        
Measure:: 2          
Pay vs Performance Disclosure          
Name Net Sales        
Non-GAAP Measure Description
(7)
Net Sales is the financial measure that the Company believes to be the most important measure (that is not otherwise required to be disclosed in the table) it used in the most recent fiscal year to determine compensation.
       
Measure:: 3          
Pay vs Performance Disclosure          
Name Merchandise Sales        
Measure:: 4          
Pay vs Performance Disclosure          
Name Operating Margin        
Measure:: 5          
Pay vs Performance Disclosure          
Name Operating Cash Flow        
Mr. Kingsbury [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 8,962,889 $ 4,427,865  
PEO Actually Paid Compensation Amount 9,769,583 4,710,588  
Ms. Gass [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 9,034,094 12,924,834 12,855,375  
PEO Actually Paid Compensation Amount (57,026,989) 34,227,502 31,770,487  
PEO | Mr. Kingsbury [Member] | Total Equity Awards Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 806,694 282,723      
PEO | Mr. Kingsbury [Member] | Equity Awards Value In Summary Compensation Table (Grant Date Value)          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,699,989) (3,920,000)      
PEO | Mr. Kingsbury [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,938,380 4,226,216      
PEO | Mr. Kingsbury [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Mr. Kingsbury [Member] | Change In Fair Value As Of Vesting Date Of Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Mr. Kingsbury [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (431,697) (23,493)      
PEO | Mr. Kingsbury [Member] | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Ms. Gass [Member] | Total Equity Awards Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (66,061,083) 21,302,668 18,915,112  
PEO | Ms. Gass [Member] | Equity Awards Value In Summary Compensation Table (Grant Date Value)          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (7,549,993) (7,250,011) (8,853,685)  
PEO | Ms. Gass [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   14,444,589 35,993,323  
PEO | Ms. Gass [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   12,179,438 (6,205,629)  
PEO | Ms. Gass [Member] | Change In Fair Value As Of Vesting Date Of Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount    
PEO | Ms. Gass [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   143,079 1,928,652 (2,018,897)  
PEO | Ms. Gass [Member] | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (58,654,169)  
Non-PEO NEO | Total Equity Awards Adjustments [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 285,791 (7,075,829) 4,458,980 3,808,600  
Non-PEO NEO | Equity Awards Value In Summary Compensation Table (Grant Date Value)          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,194,999) (1,891,344) (1,375,046) (1,962,007)  
Non-PEO NEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,248,521 972,774 2,739,579 7,091,195  
Non-PEO NEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (67,486) (2,905,529) 2,675,545 (782,823)  
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 399,648 67,135  
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (99,893) (389,692) 418,902 (537,765)  
Non-PEO NEO | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (2,929,173)