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Share-Based Compensation (Tables)

12 Months Ended

Jan. 31, 2026

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation Recognized

The following table provides total stock-based compensation recognized in the Consolidated Statements of Income (amounts in thousands):

						Fiscal Year Ended
						January 31, 2026						February 1, 2025			February 3, 2024
Equity compensation expense (1)						$	21,176					$	26,629		$	24,377
Total related tax benefit						$	4,503					$	5,822		$	5,245

(1) These costs are included within SG&A expenses in the Consolidated Statements of Income.

Assumptions and Grant Date Fair Values for Options Granted

The following table presents the assumptions and grant date fair values for Service Options granted in 2023 (the Company did not grant any Service Options in 2024 or 2025):

Fiscal Year Ended

February 3, 2024

Expected life in years

6.0

Expected volatility

46% to 51%

Weighted-average volatility

47.8%

Risk-free interest rate

3.7% to 4.4%

Dividend yield

0.6%

Weighted-average grant date fair value - Service Options

$27.60

Unit Option Activity

Option activity is as follows:

Service Options
			Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life (in years)						Aggregate Intrinsic Value (in thousands)
Outstanding as of January 28, 2023			3,570,694						$	24.27					7.3						$	112,050
Granted			262,640						58.13
Canceled			(694)						13.00
Forfeited			(228,160)						39.14
Exercised			(988,682)						20.00												$	36,277
Outstanding as of February 3, 2024			2,615,798						$	27.99					6.7						$	95,479
Granted			—						—
Canceled			—						—
Forfeited			(52,211)						33.29
Exercised			(201,479)						22.27												$	7,846
Outstanding as of February 1, 2025			2,362,108						$	28.36					5.8						$	57,965
Granted			—						—
Canceled			(10,505)						53.20
Forfeited			(38,431)						41.46
Exercised			(175,351)						25.43												$	4,143
Outstanding as of January 31, 2026 (1)			2,137,821						$	28.24					4.8						$	58,149
Exercisable as of January 31, 2026			2,001,700						$	26.90					4.7						$	56,880

(1) The Company has elected to recognize forfeitures as they occur. Therefore, the number of awards vested and expected to vest is equal to the awards outstanding.

Performance Unit Options
			Unit Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life (in years)						Aggregate Intrinsic Value (in thousands)
Outstanding as of January 28, 2023			218,477						$	16.59					5.5						$	8,534
Granted			—						—
Canceled			—						—
Forfeited			—						—
Exercised			(95,915)						16.63												$	3,656
Outstanding as of February 3, 2024			122,562						$	16.55					5.0						$	5,874
Granted			—						—
Canceled			—						—
Forfeited			—						—
Exercised			(2,323)						16.70												$	104
Outstanding as of February 1, 2025			120,239						$	16.55					4.1						$	4,300
Granted			—						—
Canceled			—						—
Forfeited			—						—
Exercised			(620)						13.86												$	22
Outstanding as of January 31, 2026 (1)			119,619						$	16.57					3.1						$	4,599
Exercisable as of January 31, 2026			119,619						$	16.57					3.1						$	4,599

(1) The Company has elected to recognize forfeitures as they occur. Therefore, the number of awards vested and expected to vest is equal to the awards outstanding.

Restricted Unit Activity

Restricted Unit activity is as follows:

			Service Restricted Units																		Performance Restricted Units
			Units						Weighted Average Grant Date Fair Value																		Units						Weighted Average Grant Date Fair Value
Non-vested as of January 28, 2023			437,108						$	39.11																	298,929						$	32.55
Granted			393,131						60.37																		250,384						57.91
Vested			(173,225)						39.48																		(149,190)						32.82
Forfeited			(92,151)						51.32																		(88,301)						47.94
Non-vested as of February 3, 2024			564,863						$	51.80																	311,822						$	48.85
Granted			435,520						62.86																		129,041						65.48
Vested			(246,171)						49.79																		(47,180)						33.78
Forfeited			(77,703)						58.73																		(9,521)						34.87
Non-vested as of February 1, 2025			676,509						$	58.85																	384,162						$	56.63
Granted			571,629						49.13																		165,055						49.98
Vested			(300,557)						55.87																		(35,695)						31.91
Forfeited			(81,559)						56.13																		(31,712)						61.31
Non-vested as of January 31, 2026			866,022						$	53.73																	481,810						$	55.88

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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