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Stock-Based Awards (Tables)
12 Months Ended
Feb. 01, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Nonvested Stock and Restricted Stock Unit Activity

The following table summarizes nonvested stock and restricted stock unit activity, including restricted stock equivalents and restricted stock unit equivalents issued in lieu of cash dividends:

 

 

2024

2023

2022

(Shares and Units in Thousands)

Shares

Weighted Average Grant Date Fair Value

Shares

Weighted Average Grant Date Fair Value

Shares

Weighted Average Grant Date Fair Value

Balance at beginning of year

3,099

$29.66

2,439

$39.40

2,769

$36.17

Granted

3,195

20.40

2,229

22.97

1,098

47.67

Vested

(1,204)

30.03

(1,160)

36.65

(1,060)

38.73

Forfeited

(227)

29.12

(409)

31.48

(368)

41.71

Balance at end of year

4,863

$23.51

3,099

$29.66

2,439

$39.40

Summary of Performance Share Activity

The following table summarizes performance share unit activity by year:

 

 

2024

2023

2022

(Units in Thousands)

Units

Weighted Average Grant Date Fair Value

Units

Weighted Average Grant Date Fair Value

Units

Weighted Average Grant Date Fair Value

Balance at beginning of year

777

$31.26

813

$45.87

856

$42.74

Granted

745

29.19

770

20.23

553

40.92

Vested

(38)

74.68

(582)

23.78

Forfeited

(108)

64.22

(224)

65.80

(596)

36.79

Balance at end of year

1,376

$26.35

777

$31.26

813

$45.87