Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of significant accounting policies (Policies)
Notes Tables
Notes Details

Stock-based compensation - Stock Option Activity (Details)

v3.23.1

Stock-based compensation - Stock Option Activity (Details) - Stock options - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Share-based compensation
Weighted-average grant date fair value (in dollars per share)	$ 149.14	$ 109.84	$ 54.40
Fair value of options vested	$ 9,525	$ 10,417	$ 9,741
Intrinsic value of options exercised	42,489	$ 39,489	$ 11,304
Stock options
Unrecognized compensation expense	$ 10,203
Weighted-average recognition period of unrecognized compensation expense	1 year 6 months
Number of options
Beginning of year (in shares)	498	671	539
Granted (in shares)	47	61	248
Exercised (in shares)	(207)	(224)	(90)
Forfeited/expired (in shares)	(14)	(10)	(26)
End of year (in shares)	324	498	671
Exercisable at end of year (in shares)	118	179	236
Vested and Expected to vest (in shares)	309	474	639
Weighted average exercise price
Beginning of year (in dollars per share)	$ 232.85	$ 208.47	$ 212.58
Granted (in dollars per share)	395.81	306.96	174.45
Exercised (in dollars per share)	222.19	180.05	135.70
Forfeited/expired (in dollars per share)	311.40	225.24	219.47
End of year (in dollars per share)	260.34	232.85	208.47
Exercisable at end of year (in dollars per share)	261.57	248.11	209.03
Vested and Expected to vest (in dollars per share)	$ 260.37	$ 233.28	$ 208.49

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