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STOCK-BASED COMPENSATION | 9 Months Ended
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Oct. 30, 2021
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 |  | Thirty-nine Weeks Ended
| October 30, 2021 |  | October 31, 2020 |  | October 30, 2021 |  | October 31, 2020
| (In thousands)
Deferred Awards | $ | 2,956 |  |  | $ | 2,775 |  |  | $ | 9,722 |  |  | $ | 10,282 |
Performance Awards | 3,638 |  |  | 500 |  |  | 15,314 |  |  | (2,894) |
Total stock-based compensation expense (1) | $ | 6,594 |  |  | $ | 3,275 |  |  | $ | 25,036 |  |  | $ | 7,388 |
____________________________________________ (1)Stock-based compensation expense recorded within Cost of sales (exclusive of depreciation and amortization) amounted to $0.8 million and $0.9 million in the Third Quarter 2021 and Third Quarter 2020, respectively, and $2.5 million and $2.6 million in the Year-To-Date 2021 and Year-To-Date 2020, respectively. 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 $6.9 million and $2.0 million during Year-To-Date 2021 and Year-To-Date 2020, respectively. Changes in the Company’s Unvested Stock Awards During Year-To-Date 2021 Deferred Awards
| Number of Shares |  | Weighted Average Grant Date Fair Value
| (in thousands) |  |
Unvested Deferred Awards, beginning of period | 550 |  |  | $ | 55.43 |
Granted | 155 |  |  | 76.50 |
Vested | (227) |  |  | 86.47 |
Forfeited | (4) |  |  | 97.91 |
Unvested Deferred Awards, end of period | 474 |  |  | 47.03 |
Total unrecognized stock-based compensation expense related to unvested Deferred Awards was $17.9 million as of October 30, 2021, which will be recognized over a weighted average period of approximately 1.8 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 | 160 |  |  | 74.92 |
Shares earned in excess of (below) target | (22) |  |  | 65.34 |
Vested shares, including shares earned | (118) |  |  | 95.61 |
Forfeited | (1) |  |  | 104.45 |
Unvested Performance Awards, at end of period | 369 |  |  | 68.22 |
____________________________________________ (1)For awards for 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 awards for which the performance period is not yet complete, the number of unvested shares is based on participants earning their Target Shares at 100%. The cumulative expense recognized for performance shares 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 was $16.0 million as of October 30, 2021, which will be recognized over a weighted average period of approximately 2.0 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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