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Share-Based Compensation - (Tables) | 12 Months Ended
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Jan. 31, 2021
Share-based Payment Arrangement [Abstract] |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes the activity related to the Company’s PRSUs for Fiscal Year 2020 (in thousands, except for weighted average grant date fair value):
| Number of PRSUs |  | Weighted Average Grant Date Fair Value
Outstanding as of February 2, 2020 | 21,284 |  |  | $ | 36.20 |
Granted | 805 |  |  | $ | 32.30 |
Vested | (7,823) |  |  | $ | 36.42 |
Forfeited | (1,255) |  |  | $ | 34.94 |
Unvested and outstanding as of January 31, 2021 | 13,011 |  |  | $ | 35.95 |
The following table summarizes the activity related to the Company’s RSUs for Fiscal Year 2020 (in thousands, except for weighted average grant date fair value):
| Number of RSUs |  | Weighted Average Grant Date Fair Value
Outstanding as of February 2, 2020 | — |  |  | $ | — |
Granted | 774 |  |  | $ | 48.28 |
Forfeited | (61) |  |  | $ | 41.81 |
Unvested and outstanding as of January 31, 2021 | 713 |  |  | $ | 48.58 |
Fair Value Measurement Valuation Assumptions | The fair value of the PRSUs with share price hurdles was determined on the date of grant using a Monte Carlo model to simulate total stockholder return for the Company and peer companies with the following assumptions:
Performance period | 5 years
Weighted-average risk-free interest rate | 1.8%
Weighted-average volatility | 49.6%
Weighted-average dividend yield | —%
Share-based Compensation Expense | The Company recognized share-based compensation expense as follows (in thousands):
| Fiscal Year
| 2020 |  | 2019 |  | 2018
PRSUs | $ | 115,505 |  |  | $ | 124,761 |  |  | $ | — |
RSUs | 5,760 |  |  | — |  |  | — |
PIUs | — |  |  | 10,165 |  |  | 14,351 |
Total share-based compensation expense | $ | 121,265 |  |  | $ | 134,926 |  |  | $ | 14,351 |

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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