Stock-Based Compensation (Tables)

6 Months Ended

Jul. 30, 2022

Share-based Payment Arrangement [Abstract]

Summary of RSUs

The following table summarizes the status of service-based RSUs as of July 30, 2022 and changes during the 26 weeks then ended:

	Number of Shares	Weighted Average Grant Date Fair Value
Nonvested at January 29, 2022	1,096,066	$	94.16
Granted	420,474	159.37
Vested	(519,453)	93.21
Forfeited	(92,044)	116.85
Nonvested at July 30, 2022	905,043	$	122.69

Schedule of Nonvested Performance-based Units Activity

The following table summarizes the status of PSUs as of July 30, 2022 and changes during the 26 weeks then ended:

	Number of Shares	Weighted Average Grant Date Fair Value
Nonvested at January 29, 2022	584,972	$	91.86
Granted	206,044	159.27
Vested	(303,026)	90.86
Forfeited	(209,824)	120.78
Nonvested at July 30, 2022	278,166	$	118.93

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The assumptions used in the Black-Scholes option pricing model for this award are as follows:

Expected term (in years)	6.5
Expected stock price volatility	34.1	%
Dividend yield	—	%
Risk-free interest rate	2.15	%

Share-based Payment Arrangement, Option, Activity

The following table summarizes information about options outstanding at July 30, 2022 and changes during the 26 weeks then ended:

	Number of Shares	Weighted Average Per Share Exercise Price		Weighted Average Remaining Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding at January 29, 2022	24,541	$	90.38
Granted	2,252,587	157.17
Exercised	(370)	76.97
Outstanding at July 30, 2022	2,276,758	$	156.46	9.6	$	20.3
Exercisable at July 30, 2022	24,171	$	90.59	4.3	$	1.8