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STOCK-BASED COMPENSATION
3 Months Ended
May 02, 2020
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement [Text Block] STOCK-BASED COMPENSATION
The following table summarizes the Company’s stock-based compensation expense:
 Thirteen Weeks Ended
 May 2,
2020
May 4,
2019
(In thousands)
   Deferred Awards$4,314  $4,150  
   Performance Awards(3,729) 3,609  
Total stock-based compensation expense (1)
$585  $7,759  
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(1)During the First Quarter 2020 and the First Quarter 2019, approximately $0.1 million and $1.0 million, respectively, were included within cost of sales. 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 $0.2 million and $2.1 million during First Quarter 2020 and First Quarter 2019, respectively.
Changes in the Company’s Unvested Stock Awards during the First Quarter 2020
Deferred Awards
 Number of
Shares
Weighted
Average
Grant Date
Fair Value
 (In thousands) 
Unvested Deferred Awards, beginning of period377  $97.88  
Granted17  63.03  
Vested(78) 99.97  
Forfeited(20) 108.77  
Unvested Deferred Awards, end of period296  $94.56  

Total unrecognized stock-based compensation expense related to unvested Deferred Awards approximated $6.9 million as of May 2, 2020, which will be recognized over a weighted average period of approximately 1.9 years.
Performance Awards
 
Number of
Shares (1)
Weighted
Average
Grant Date
Fair Value
 (In thousands) 
Unvested Performance Awards, beginning of period342  $99.97  
Shares unearned (below target)101  118.00  
Vested shares(3) 105.86  
Forfeited(8) 110.77  
Unvested Performance Awards, end of period432  $103.95  
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(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 invested capital relative to that of companies in our peer group as they occur. The Company does not have any unrecognized stock-based compensation expense related to unvested Performance Awards as of May 2, 2020.