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Stockholders' Equity (Tables)
12 Months Ended
Feb. 04, 2025
Equity [Abstract]  
Summary of Significant Assumptions Used in Determining Underlying Fair Value of Weighted-Average Options Granted
A summary of the options, as well as the significant assumptions used in determining the underlying fair value of those options, granted in fiscal 2024 were as follows:
VolatilityRisk-free Interest RateExpected TermWeighted Average Grant Date
Fair Value
Options Granted
April 2024 grants (1)
67.0%4.6%6.6 years$35.58 0.04 
June 2024 grants (2)
67.2%4.2%6.6 years$25.10 0.04 
Total granted0.08 
(1)Annual grant to certain executives.
(2)Grants to newly hired executive employees.
Summary of Transactions Related to Stock Options Awards
The following is a summary of stock option award activity during fiscal 2024:
Number
of Options
Weighted
Average
Exercise
Price
Outstanding at February 4, 20240.82 $42.96 
Granted0.08 $50.84 
Exercised(0.17)$45.74 
Forfeited and cancelled(0.07)$39.14 
Outstanding at February 4, 20250.66 $43.33 
Exercisable at February 4, 20250.48 $44.20 
Summary of Transactions Related to Restricted Stock Units
The following is a summary of restricted stock unit awards activity during fiscal 2024:
Shares Weighted
Avg
Grant Date
Fair Value
Outstanding at February 4, 20241.51 $33.65 
Granted0.18 $55.38 
Performance adjusted units(0.07)N/A
Vested(0.09)$42.14 
Forfeited(0.60)$31.62 
Outstanding at February 4, 20250.93 $37.90 
Schedule of Stock Options Roll Forward
Compensation expense related to stock option plans and time-based restricted stock units, which is included in “General and administrative expenses” on the Consolidated Statements of Comprehensive Income, was as follows for the fiscal years presented:
202420232022
Stock options$0.7 $2.7 $2.5 
Restricted stock units3.9 13.3 17.5 
Total compensation expense$4.6 $16.0 $20.0