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STOCK-BASED COMPENSATION
6 Months Ended
Aug. 03, 2019
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
The following table summarizes the Company’s stock-based compensation expense:
 
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
 
August 3,
2019
 
August 4,
2018
 
August 3,
2019
 
August 4,
2018
 
(In thousands)
   Deferred Awards
$
5,595

 
$
3,533

 
$
9,745

 
$
7,346

   Performance Awards
(2,081
)
 
3,887

 
1,528

 
8,871

Total stock-based compensation expense (1)
$
3,514

 
$
7,420

 
$
11,273

 
$
16,217


____________________________________________
(1) 
During the Second Quarter 2019 and the Second Quarter 2018, approximately $0.9 million and $1.0 million, respectively, were included within cost of sales. During Year-To-Date 2019 and the Year-To-Date 2018, approximately $1.9 million and $1.9 million, respectively, were included within cost of sales (exclusive of depreciation and amortization). All other stock-based compensation is included in selling, general, and administrative expenses. 
The Company recognized a tax benefit related to stock-based compensation expense of approximately $3.0 million and $4.3 million during Year-To-Date 2019 and Year-To-Date 2018, respectively.
Changes in the Company’s Unvested Stock Awards during Year-To-Date 2019
Deferred Awards
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
(In thousands)
 
 
Unvested Deferred Awards, beginning of period
299

 
$
99.98

Granted
251

 
103.79

Vested
(116
)
 
104.43

Forfeited
(20
)
 
112.95

Unvested Deferred Awards, end of period
414

 
$
100.42



Total unrecognized stock-based compensation expense related to unvested Deferred Awards approximated $31.3 million as of August 3, 2019, which will be recognized over a weighted average period of approximately 2.0 years.
Performance Awards
 
Number of
Shares (1)
 
Weighted
Average
Grant Date
Fair Value
 
(In thousands)
 
 
Unvested Performance Awards, beginning of period
352

 
$
90.66

Granted
194

 
99.57

Shares earned in excess of target
181

 
75.83

Vested shares, including shares earned in excess of target
(349
)
 
75.83

Forfeited
(9
)
 
116.63

Unvested Performance Awards, end of period
369

 
$
101.51


____________________________________________
(1) 
For those awards in which the performance period is complete, the number of unvested shares is based on actual shares that will vest upon completion of the service period. 
For those awards in which the performance period is not yet complete, the number of unvested shares in the table above is based on the participants earning their Target Shares at 100%. However, the cumulative expense recognized reflects changes in estimated adjusted earnings per share, adjusted operating margin expansion, adjusted return on invested capital, and ranking of our adjusted return on investment capital relative to that of companies in our peer group as they occur. Total unrecognized stock-based compensation expense related to unvested Performance Awards approximated $21.0 million as of August 3, 2019, which will be recognized over a weighted average period of approximately 2.1 years.