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Share-Based Compensation (Tables)
12 Months Ended
Feb. 03, 2024
Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]    
Schedule Of Stock Option Activity Under Plan
Stock option activity under the Plan was as follows:
 
Options
outstanding
Weighted
average
exercise
price
Weighted
average
remaining
contractual
term
Balance as of January 30, 202153,029 $33.22 3.2
Granted— — 
Forfeited(432)4.28
Exercised(12,834)30.29
Balance as of January 29, 202239,763 34.482.3
Granted— — 
Forfeited— — 
Exercised(21,737)34.11
Balance as of January 28, 202318,026 34.921.8
Granted— — 
Forfeited(100)41.67 
Exercised(7,800)36.70
Balance as of February 3, 202410,126 33.481.6
Exercisable as of February 3, 202410,126 $33.48 1.6
 
Schedule Of Fair Value Of Option Award Granted Weighted Average Assumptions   The fair value of each option award granted to crew, including outside directors, is estimated on the date of grant using the Black-Scholes option-pricing model. The Company did not grant any stock options in fiscal 2023, fiscal 2022 and fiscal 2021.
The Company uses the simplified method to estimate the expected term of the option. The expected volatility incorporates historical and implied volatility of similar entities whose share prices are publicly available. The risk-free rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant.
The total intrinsic value of stock options exercised during fiscal 2023, fiscal 2022 and fiscal 2021 was $1.1 million, $3.1 million and $2.1 million, respectively. The aggregate intrinsic value of stock options outstanding and exercisable was $1.5 million as of February 3, 2024. In fiscal 2023, fiscal 2022 and fiscal 2021, the Company received cash from the exercise of options of $0.3 million, $0.8 million and $0.4 million, respectively. Upon option exercise, the Company issued new shares of common stock.
Share-based Payment Arrangement, Restricted Stock Unit, Activity
RSU and PSU activity under the Plan was as follows:
Restricted Stock UnitsPerformance-Based Restricted Stock Units
NumberWeighted-Average Grant Date Fair ValueNumberWeighted-Average Grant Date Fair Value
Non-vested balance as of January 30, 2021304,398 $99.94 259,776 $151.73 
Granted77,966 185.62 89,460 196.36 
Vested(115,763)95.79 — — 
Forfeited(12,306)124.14 — — 
Non-vested balance as of January 29, 2022254,295 126.93349,236 163.16 
Granted123,661 142.37127,598 165.90
Vested(122,349)110.96— — 
Forfeited(29,218)140.85(18,772)172.01
Non-vested balance as of January 28, 2023226,389 142.2458,062 163.56 
Granted70,858 198.09129,442 244.95
Vested(78,268)135.48(157,192)151.73 
Forfeited(22,670)152.87(130,918)161.02
Non-vested balance as of February 3, 2024196,309 $163.82 299,394 $206.07