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Stock-Based Compensation (Tables) | 12 Months Ended
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Feb. 01, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Schedule of Restricted Stock and Performance Awards Activity | A summary of stock awards activity for fiscal 2024 is presented below:
|  | Number of shares (000) |  | Weighted-average grant date fair value
Unvested at February 3, 2024 |  | 4,395 |  |  | $ | 104.52 |
Awarded |  | 1,214 |  |  | 148.08 |
Released |  | (1,307) |  |  | 104.80 |
Forfeited |  | (145) |  |  | 108.39 |
Unvested at February 1, 2025 |  | 4,157 |  |  | $ | 117.02 |
Schedule of Recognized Stock-Based Compensation | For fiscal 2024, 2023, and 2022, the Company recognized stock-based compensation expense as follows:
($000) | 2024 |  | 2023 |  | 2022
Restricted stock | $ | 92,837 |  |  | $ | 92,511 |  |  | $ | 85,092 |
Performance awards | 59,033 |  |  | 48,584 |  |  | 32,484 |
Employee stock purchase plan | 4,428 |  |  | 4,395 |  |  | 4,360 |
Total | $ | 156,298 |  |  | $ | 145,490 |  |  | $ | 121,936 |
Schedule of Stock-Based Compensation Recognized in the Consolidated Statements of Earnings | Total stock-based compensation recognized in the Company’s Consolidated Statements of Earnings for fiscal 2024, 2023, and 2022 is as follows:
Statements of Earnings Classification ($000) | 2024 |  | 2023 |  | 2022
Cost of goods sold | $ | 73,901 |  |  | $ | 76,301 |  |  | $ | 67,141 |
Selling, general and administrative | 82,397 |  |  | 69,189 |  |  | 54,795 |
Total | $ | 156,298 |  |  | $ | 145,490 |  |  | $ | 121,936 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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