Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
 3 Months Ended
Apr. 30, 2022
Share-based Payment Arrangement [Abstract]  
Summary of RSUs
The following table summarizes the status of service-based RSUs as of April 30, 2022 and changes during the 13 weeks then ended:
Number of Shares Weighted Average
Grant Date
Fair Value
Nonvested at January 29, 2022
 1,096,066  $ 94.16 
Granted 416,729  159.34 
Vested (510,042) 92.86 
Forfeited (40,005) 111.77 
Nonvested at April 30, 2022
 962,748  $ 122.32 
Schedule of Nonvested Performance-based Units Activity
The following table summarizes the status of PSUs as of April 30, 2022 and changes during the 13 weeks then ended:
Number of Shares Weighted Average
Grant Date
Fair Value
Nonvested at January 29, 2022
 584,972  $ 91.86 
Granted 198,718  158.47 
Vested (273,454) 89.19 
Forfeited (100,229) 114.41 
Nonvested at April 30, 2022
 410,007  $ 119.50 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The assumptions used in the Black-Scholes option pricing model for this award are as follows:
Expected term (in years) 6.5
Expected stock price volatility 34.1  %
Dividend yield —  %
Risk-free interest rate 2.15  %
Share-based Payment Arrangement, Option, Activity
The following table summarizes information about options outstanding at April 30, 2022 and changes during the 13 weeks then ended:
  Number of Shares Weighted Average Per Share Exercise Price Weighted Average Remaining Term (Years) Aggregate Intrinsic Value
(in millions)
Outstanding at January 29, 2022
 24,541  $ 90.38     
Granted 2,252,587  157.17     
Exercised (370) 76.97     
Outstanding at April 30, 2022
 2,276,758  $ 156.46  9.8 $ 13.6 
Exercisable at April 30, 2022
 24,171  $ 90.59  4.5 $ 1.7