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Pay vs Performance Disclosure
 12 Months Ended
Jan. 28, 2023
USD ($)
Jan. 29, 2022
USD ($)
Jan. 30, 2021
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive “compensation actually paid” (“CAP”) and the Company’s financial performance.
The following table sets forth information on CAP for our CEO (principal executive officer) and (on average) to our other NEOs
(“non-PEO
NEOs”) during the specified years alongside TSR and net income metrics, as well as the Company-selected measure of Comparable Sales. The Company selected Comparable Sales as the most important in linking CAP to our NEOs and Company performance, as this metric was u
sed
in our STIP, as described under “Annual Bonus under the Short-Term Incentive Plan (“STIP”)” above.
 
               
Average
Summary
Compensation
Table Total for
non-PEO
NEOs
 
    
Average
Compensation
Actually Paid
for non-PEO
NEOs
 
    
Based on $100 initial
investment
              
  Fiscal
  Year
 
  
Summary
Compensation
Table Total
for CEO
 
    
Compensation
Actually Paid
to CEO
 
    
Total
Shareholder
Return
(1)
 
    
Peer Group
Total
Shareholder
Return
(1)
 
    
Net Income
(Loss)
 
    
Comparable
Sales
 
  
2023
  
$
11,029,154
 
  
$
(7,857,982
) 
  
$
2,449,760
 
  
$
(941,633
) 
  
$
320.87
 
  
$
153.74
 
  
$
376,700,000
 
  
 
(6.10
)% 
2022
  
$
12,953,460
 
  
$
66,134,668
 
  
$
3,265,792
 
  
$
12,448,442
 
  
$
356.56
 
  
$
158.94
 
  
$
769,900,000
 
  
 
48.00
% 
2021
  
$
12,184,594
 
  
$
29,748,584
 
  
$
2,781,338
 
  
$
6,343,711
 
  
$
168.34
 
  
$
119.68
 
  
$
(15,200,000
) 
  
 
9.90
% 
 
(1)
Peer group total shareholder return (“TSR”) reflects the Company’s peer group “S&P 500 Specialty Retail Index” as reflected in our Fiscal 2023 Annual Report on Form
10-K
pursuant to Item 201(e) of Regulation
S-K.
The amount for each year for Company and peer group TSR reflects what the cumulative value of $100 would be, including reinvestment of dividends, if the $100 was invested on February 1, 2020.
NEOs included in the above compensation columns include the following:
 
  Fiscal Year
   
CEO
   
Non-PEO
NEOs
2023
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
2022
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
2021
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
Reconciliation of Summary Compensation Table Totals to CAP Totals
The following table reconciles the Summary Compensation Table Total amounts to CAP for each of the CEO and the average of the
non-PEO
NEOs.
 
    
Fiscal
Year
    
Summary
Compensation Table
Total
           
Value of Stock
Awards in
Summary
Compensation
Table Total
           
Value of Equity
Compensation
included in CAP
under SEC Rules
           
Compensation
Actually Paid
  
CEO
  
 
2023
 
  
$
11,029,154
 
  
 
-
 
  
$
8,908,930
 
  
 
+
 
  
$
(9,978,206
) 
  
 
=
 
  
$
(7,857,982
) 
   
 
2022
 
  
$
12,953,460
 
  
 
-
 
  
$
6,814,324
 
  
 
+
 
  
$
59,995,532
 
  
 
=
 
  
$
66,134,668
 
 
  
 
2021
 
  
$
12,184,594
 
  
 
-
 
  
$
6,145,991
 
  
 
+
 
  
$
23,709,981
 
  
 
=
 
  
$
29,748,584
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
2,449,760
 
  
 
-
 
  
$
1,511,407
 
  
 
+
 
  
$
(1,879,987
) 
  
 
=
 
  
$
(941,633
) 
   
 
2022
 
  
$
3,265,792
 
  
 
-
 
  
$
1,203,834
 
  
 
+
 
  
$
10,386,485
 
  
 
=
 
  
$
12,448,442
 
 
  
 
2021
 
  
$
2,781,338
 
  
 
-
 
  
$
1,032,718
 
  
 
+
 
  
$
4,595,090
 
  
 
=
 
  
$
6,343,711
 
The table below provides the following components of the value of equity compensation included in CAP for the periods indicated, determined in accordance with SEC methodology for this disclosure:
 
◆
  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
 
◆
  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared to the prior
year-end;
 
◆
  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared to the value as of the prior
year-end;
and
 
◆
  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date.
 
 
    
Fiscal
Year
    
Fiscal Year End Value
of Current Year
Awards Outstanding
as of Fiscal Year End
           
Change in Value as
of Fiscal Year End for
Prior Year Awards
Outstanding as of
Fiscal Year End
           
Change in Value
as of Vesting Date
for Awards that
Vested During
the Fiscal Year
           
Accrued Dividends
Paid for Awards
that Vested During
the Fiscal Year
           
Value of
Equity for
CAP
Purposes
  
CEO
  
 
2023
 
  
$
546,793
 
  
 
+
 
  
$
(3,478,125
) 
  
 
+
 
  
$
(7,046,874
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(9,978,206
) 
   
 
2022
 
  
$
11,043,563
 
  
 
+
 
  
$
20,998,966
 
  
 
+
 
  
$
27,857,495
 
  
 
+
 
  
$
95,508
 
  
 
=
 
  
$
59,995,532
 
 
  
 
2021
 
  
$
29,135,318
 
  
 
+
 
  
$
(4,260,334
) 
  
 
+
 
  
$
(1,301,560
) 
  
 
+
 
  
$
136,557
 
  
 
=
 
  
$
23,709,981
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
95,271
 
  
 
+
 
  
$
(584,807
) 
  
 
+
 
  
$
(1,390,450
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(1,879,987
) 
   
 
2022
 
  
$
1,956,329
 
  
 
+
 
  
$
5,549,224
 
  
 
+
 
  
$
2,876,577
 
  
 
+
 
  
$
4,355
 
  
 
=
 
  
$
10,386,485
 
 
  
 
2021
 
  
$
4,949,043
 
  
 
+
 
  
$
(377,682
) 
  
 
+
 
  
$
19,626
 
  
 
+
 
  
$
4,103
 
  
 
=
 
  
$
4,595,090
 
Fair value or change in fair value, as applicable, of equity awards was determined based on the closing stock price of RSU and RSA awards on the applicable fiscal
year-end
date or, in the case of the vesting dates, the actual stock price on the vesting date compared to values based on stock prices at the beginning of the fiscal year. For PSU awards, the same stock price methodology was utilized, and performance achievement was applied based on the probability of achievement as previously disclosed at the end of each fiscal year. For amounts based on
year-end
stock prices, the following fiscal
year-end
prices were used: 2023 price $76.00 ((11.8)% change from the beginning of the year), 2022 price $85.44 (105.4% change from the beginning of the year), 2021 price of $40.62 (68.3% change from the beginning of the
ye
ar).
   
Company Selected Measure Name Comparable Sales    
Named Executive Officers, Footnote [Text Block]
 
  Fiscal Year
   
CEO
   
Non-PEO
NEOs
2023
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
2022
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
2021
   
Virginia C. Drosos
   
Joan M. Hilson, Jamie L. Singleton, Rebecca Wooters, Oded Edelman
    
Peer Group Issuers, Footnote [Text Block] Peer group total shareholder return (“TSR”) reflects the Company’s peer group “S&P 500 Specialty Retail Index” as reflected in our Fiscal 2023 Annual Report on Form
10-K
pursuant to Item 201(e) of Regulation
S-K.
The amount for each year for Company and peer group TSR reflects what the cumulative value of $100 would be, including reinvestment of dividends, if the $100 was invested on February 1, 2020. 		   
PEO Total Compensation Amount $ 11,029,154 $ 12,953,460 $ 12,184,594
PEO Actually Paid Compensation Amount $ (7,857,982) 66,134,668 29,748,584
Adjustment To PEO Compensation, Footnote [Text Block]
Reconciliation of Summary Compensation Table Totals to CAP Totals
The following table reconciles the Summary Compensation Table Total amounts to CAP for each of the CEO and the average of the
non-PEO
NEOs.
 
    
Fiscal
Year
    
Summary
Compensation Table
Total
           
Value of Stock
Awards in
Summary
Compensation
Table Total
           
Value of Equity
Compensation
included in CAP
under SEC Rules
           
Compensation
Actually Paid
  
CEO
  
 
2023
 
  
$
11,029,154
 
  
 
-
 
  
$
8,908,930
 
  
 
+
 
  
$
(9,978,206
) 
  
 
=
 
  
$
(7,857,982
) 
   
 
2022
 
  
$
12,953,460
 
  
 
-
 
  
$
6,814,324
 
  
 
+
 
  
$
59,995,532
 
  
 
=
 
  
$
66,134,668
 
 
  
 
2021
 
  
$
12,184,594
 
  
 
-
 
  
$
6,145,991
 
  
 
+
 
  
$
23,709,981
 
  
 
=
 
  
$
29,748,584
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
2,449,760
 
  
 
-
 
  
$
1,511,407
 
  
 
+
 
  
$
(1,879,987
) 
  
 
=
 
  
$
(941,633
) 
   
 
2022
 
  
$
3,265,792
 
  
 
-
 
  
$
1,203,834
 
  
 
+
 
  
$
10,386,485
 
  
 
=
 
  
$
12,448,442
 
 
  
 
2021
 
  
$
2,781,338
 
  
 
-
 
  
$
1,032,718
 
  
 
+
 
  
$
4,595,090
 
  
 
=
 
  
$
6,343,711
 
The table below provides the following components of the value of equity compensation included in CAP for the periods indicated, determined in accordance with SEC methodology for this disclosure:
 
◆
  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
 
◆
  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared to the prior
year-end;
 
◆
  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared to the value as of the prior
year-end;
and
 
◆
  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date.
 
 
    
Fiscal
Year
    
Fiscal Year End Value
of Current Year
Awards Outstanding
as of Fiscal Year End
           
Change in Value as
of Fiscal Year End for
Prior Year Awards
Outstanding as of
Fiscal Year End
           
Change in Value
as of Vesting Date
for Awards that
Vested During
the Fiscal Year
           
Accrued Dividends
Paid for Awards
that Vested During
the Fiscal Year
           
Value of
Equity for
CAP
Purposes
  
CEO
  
 
2023
 
  
$
546,793
 
  
 
+
 
  
$
(3,478,125
) 
  
 
+
 
  
$
(7,046,874
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(9,978,206
) 
   
 
2022
 
  
$
11,043,563
 
  
 
+
 
  
$
20,998,966
 
  
 
+
 
  
$
27,857,495
 
  
 
+
 
  
$
95,508
 
  
 
=
 
  
$
59,995,532
 
 
  
 
2021
 
  
$
29,135,318
 
  
 
+
 
  
$
(4,260,334
) 
  
 
+
 
  
$
(1,301,560
) 
  
 
+
 
  
$
136,557
 
  
 
=
 
  
$
23,709,981
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
95,271
 
  
 
+
 
  
$
(584,807
) 
  
 
+
 
  
$
(1,390,450
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(1,879,987
) 
   
 
2022
 
  
$
1,956,329
 
  
 
+
 
  
$
5,549,224
 
  
 
+
 
  
$
2,876,577
 
  
 
+
 
  
$
4,355
 
  
 
=
 
  
$
10,386,485
 
 
  
 
2021
 
  
$
4,949,043
 
  
 
+
 
  
$
(377,682
) 
  
 
+
 
  
$
19,626
 
  
 
+
 
  
$
4,103
 
  
 
=
 
  
$
4,595,090
 
    
Non-PEO NEO Average Total Compensation Amount $ 2,449,760 3,265,792 2,781,338
Non-PEO NEO Average Compensation Actually Paid Amount $ (941,633) 12,448,442 6,343,711
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Reconciliation of Summary Compensation Table Totals to CAP Totals
The following table reconciles the Summary Compensation Table Total amounts to CAP for each of the CEO and the average of the
non-PEO
NEOs.
 
    
Fiscal
Year
    
Summary
Compensation Table
Total
           
Value of Stock
Awards in
Summary
Compensation
Table Total
           
Value of Equity
Compensation
included in CAP
under SEC Rules
           
Compensation
Actually Paid
  
CEO
  
 
2023
 
  
$
11,029,154
 
  
 
-
 
  
$
8,908,930
 
  
 
+
 
  
$
(9,978,206
) 
  
 
=
 
  
$
(7,857,982
) 
   
 
2022
 
  
$
12,953,460
 
  
 
-
 
  
$
6,814,324
 
  
 
+
 
  
$
59,995,532
 
  
 
=
 
  
$
66,134,668
 
 
  
 
2021
 
  
$
12,184,594
 
  
 
-
 
  
$
6,145,991
 
  
 
+
 
  
$
23,709,981
 
  
 
=
 
  
$
29,748,584
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
2,449,760
 
  
 
-
 
  
$
1,511,407
 
  
 
+
 
  
$
(1,879,987
) 
  
 
=
 
  
$
(941,633
) 
   
 
2022
 
  
$
3,265,792
 
  
 
-
 
  
$
1,203,834
 
  
 
+
 
  
$
10,386,485
 
  
 
=
 
  
$
12,448,442
 
 
  
 
2021
 
  
$
2,781,338
 
  
 
-
 
  
$
1,032,718
 
  
 
+
 
  
$
4,595,090
 
  
 
=
 
  
$
6,343,711
 
The table below provides the following components of the value of equity compensation included in CAP for the periods indicated, determined in accordance with SEC methodology for this disclosure:
 
◆
  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
 
◆
  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared to the prior
year-end;
 
◆
  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared to the value as of the prior
year-end;
and
 
◆
  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date.
 
 
    
Fiscal
Year
    
Fiscal Year End Value
of Current Year
Awards Outstanding
as of Fiscal Year End
           
Change in Value as
of Fiscal Year End for
Prior Year Awards
Outstanding as of
Fiscal Year End
           
Change in Value
as of Vesting Date
for Awards that
Vested During
the Fiscal Year
           
Accrued Dividends
Paid for Awards
that Vested During
the Fiscal Year
           
Value of
Equity for
CAP
Purposes
  
CEO
  
 
2023
 
  
$
546,793
 
  
 
+
 
  
$
(3,478,125
) 
  
 
+
 
  
$
(7,046,874
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(9,978,206
) 
   
 
2022
 
  
$
11,043,563
 
  
 
+
 
  
$
20,998,966
 
  
 
+
 
  
$
27,857,495
 
  
 
+
 
  
$
95,508
 
  
 
=
 
  
$
59,995,532
 
 
  
 
2021
 
  
$
29,135,318
 
  
 
+
 
  
$
(4,260,334
) 
  
 
+
 
  
$
(1,301,560
) 
  
 
+
 
  
$
136,557
 
  
 
=
 
  
$
23,709,981
 
Average
non-PEO
NEOs
  
 
2023
 
  
$
95,271
 
  
 
+
 
  
$
(584,807
) 
  
 
+
 
  
$
(1,390,450
) 
  
 
+
 
  
$
—
 
  
 
=
 
  
$
(1,879,987
) 
   
 
2022
 
  
$
1,956,329
 
  
 
+
 
  
$
5,549,224
 
  
 
+
 
  
$
2,876,577
 
  
 
+
 
  
$
4,355
 
  
 
=
 
  
$
10,386,485
 
 
  
 
2021
 
  
$
4,949,043
 
  
 
+
 
  
$
(377,682
) 
  
 
+
 
  
$
19,626
 
  
 
+
 
  
$
4,103
 
  
 
=
 
  
$
4,595,090
 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Compensation Actually Paid versus Total Shareholder Return
 
 
 
    
Compensation Actually Paid vs. Net Income [Text Block]
Compensation Actually Paid versus Net Income (Loss)
 
 
    
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Compensation Actually Paid versus Comparable Sales
 
 
 
    
Total Shareholder Return Vs Peer Group [Text Block]
Compensation Actually Paid versus Total Shareholder Return
 
 
 
    
Tabular List [Table Text Block]
Most Important Measures Linking CAP During Fiscal 2023 to Company Performance
The following table discloses the most important measures used by the Company to link CAP to our NEOs to Fiscal 2023 performance. For further information regarding these performance metrics and their function in our executive compensation program, see the CDA section above.
 
Most Important Measures
Comparable Sales
   
Adjusted Operating Income
   
Market Share
   
Free Cash Flow
   
Revenue
    
Total Shareholder Return Amount $ 320.87 356.56 168.34
Peer Group Total Shareholder Return Amount 153.74 158.94 119.68
Net Income (Loss) $ 376,700,000 $ 769,900,000 $ (15,200,000)
Company Selected Measure Amount (0.061) 0.48 0.099
PEO Name Virginia C. Drosos    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Comparable Sales    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Operating Income    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Market Share    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Free Cash Flow    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Revenue    
PEO [Member] | Value of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 8,908,930 $ 6,814,324 $ 6,145,991
PEO [Member] | Value of Equity Compensation Included in CAP [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (9,978,206) 59,995,532 23,709,981
PEO [Member] | Value of Current Year Awards Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 546,793 11,043,563 29,135,318
PEO [Member] | Change in Value as of Prior Year Awards Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (3,478,125) 20,998,966 (4,260,334)
PEO [Member] | Change in Value as of Vesting Date for Awards that Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (7,046,874) 27,857,495 (1,301,560)
PEO [Member] | Accrued Dividends Paid for Awards that Vested During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   95,508 136,557
Non-PEO NEO [Member] | Value of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,511,407 1,203,834 1,032,718
Non-PEO NEO [Member] | Value of Equity Compensation Included in CAP [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,879,987) 10,386,485 4,595,090
Non-PEO NEO [Member] | Value of Current Year Awards Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 95,271 1,956,329 4,949,043
Non-PEO NEO [Member] | Change in Value as of Prior Year Awards Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (584,807) 5,549,224 (377,682)
Non-PEO NEO [Member] | Change in Value as of Vesting Date for Awards that Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,390,450) 2,876,577 19,626
Non-PEO NEO [Member] | Accrued Dividends Paid for Awards that Vested During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   $ 4,355 $ 4,103