Tree display options not working as expected...?

The option "Do not show Configuration/Display State Names if only one exists" sounded like a great option but it is not working as I would expect.  I have it turned on,

and I have a part with more than one configuration,

but the resulting display does not list the configuration name for my part...???

Does anyone know if this is the intended behavior?  I am running SW 2017 SP2.  Thanks!