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STOCK-BASED COMPENSATION | 3 Months Ended
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May 01, 2021
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 1, 2021 |  | May 2, 2020
| (in thousands)
Deferred Awards | $ | 3,579 |  |  | $ | 4,314 |
Performance Awards | 4,337 |  |  | (3,729) |
Total stock-based compensation expense (1) | $ | 7,916 |  |  | $ | 585 |
____________________________________________ (1)A portion of stock-based compensation is included in cost of sales. Approximately $1.0 million and $0.1 million during the First Quarter 2021 and the First Quarter 2020, respectively, were included in cost of sales. All other stock-based compensation is included in selling, general, and administrative expenses. Changes in the Company’s Unvested Stock Awards During First Quarter 2021 Deferred Awards
| Number of Shares |  | Weighted Average Grant Date Fair Value
| (in thousands) |  |
Unvested Deferred Awards, beginning of period | 550 |  |  | $ | 55.43 |
Granted | 100 |  |  | 69.75 |
Vested | (60) |  |  | 74.99 |
Forfeited | (1) |  |  | 111.24 |
Unvested Deferred Awards, end of period | 589 |  |  | $ | 55.73 |
Total unrecognized stock-based compensation expense related to unvested Deferred Awards approximated $19.8 million as of May 1, 2021, which will be recognized over a weighted average period of approximately 2.1 years. Performance Awards
| Number of Shares (1) |  | Weighted Average Grant Date Fair Value
| (in thousands) |  |
Unvested Performance Awards, beginning of period | 350 |  |  | $ | 74.37 |
Granted | 144 |  |  | 73.73 |
Shares earned in excess of (below) target | (13) |  |  | 45.48 |
Vested shares, including shares earned | (20) |  |  | 77.86 |
Unvested Performance Awards, at end of period | 461 |  |  | $ | 74.81 |
____________________________________________ (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 the probability that the performance criteria will be achieved as they occur. Based on the current number of Performance Awards expected to be earned, total unrecognized stock-based compensation expense related to unvested Performance Awards approximated $17.0 million as of May 1, 2021, which will be recognized over a weighted average period of approximately 2.3 years.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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