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Stock-Based Compensation (Tables) | 6 Months Ended
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Aug. 02, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Restricted Stock and Performance Awards Activity | A summary of stock awards activity for the six month period ended August 2, 2025, is presented below:
| Number of shares (000) |  | Weighted-average grant date fair value
Unvested at February 1, 2025 | 4,157 |  |  | $ | 117.02 |
Awarded | 1,025 |  |  | 136.66 |
Released | (1,190) |  |  | 111.40 |
Forfeited | (85) |  |  | 119.27 |
Unvested at August 2, 2025 | 3,907 |  |  | $ | 123.84 |
Schedule of Recognized Stock-Based Compensation | For the three and six month periods ended August 2, 2025 and August 3, 2024, the Company recognized stock-based compensation expense as follows:
| Three Months Ended |  | Six Months Ended |  |
($000) | August 2, 2025 |  | August 3, 2024 |  | August 2, 2025 |  | August 3, 2024 |  |  |  |
Restricted stock | $ | 27,200 |  |  | $ | 21,676 |  |  | $ | 53,549 |  |  | $ | 44,910 |  |  |  |  |
Performance awards | 15,643 |  |  | 15,252 |  |  | 27,505 |  |  | 31,366 |  |  |  |  |
Employee stock purchase plan | 1,100 |  |  | 1,093 |  |  | 2,185 |  |  | 2,192 |  |  |  |  |
Total | $ | 43,943 |  |  | $ | 38,021 |  |  | $ | 83,239 |  |  | $ | 78,468 |  |  |  |  |
Schedule of Stock-Based Compensation Recognized in the Consolidated Statements of Earnings | Total stock-based compensation expense recognized in the Company’s Condensed Consolidated Statements of Earnings for the three and six month periods ended August 2, 2025 and August 3, 2024 is as follows:
| Three Months Ended |  | Six Months Ended |  |
Statements of Earnings Classification ($000) | August 2, 2025 |  | August 3, 2024 |  | August 2, 2025 |  | August 3, 2024 |  |  |  |
Cost of goods sold | $ | 18,660 |  |  | $ | 17,066 |  |  | $ | 36,263 |  |  | $ | 36,691 |  |  |  |  |
Selling, general and administrative | 25,283 |  |  | 20,955 |  |  | 46,976 |  |  | 41,777 |  |  |  |  |
Total | $ | 43,943 |  |  | $ | 38,021 |  |  | $ | 83,239 |  |  | $ | 78,468 |  |  |  |  |

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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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