Abercrombie & Fitch 2008 Annual Report Download - page 54
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Table of Contents
ABERCROMBIE & FITCH CO.
CONSOLIDATED BALANCE SHEETS
January 31, February 2,
2009 2008
(Thousands, except share amounts)
ASSETS
CURRENT ASSETS:
Cash and Equivalents $ 522,122 $ 118,044
Marketable Securities — 530,486
Receivables 53,110 53,801
Inventories 372,422 333,153
Deferred Income Taxes 43,408 36,128
Other Current Assets 93,763 68,643
TOTAL CURRENT ASSETS 1,084,825 1,140,255
PROPERTY AND EQUIPMENT, NET 1,398,655 1,318,291
MARKETABLE SECURITIES 229,081 —
OTHER ASSETS 135,620 109,052
TOTAL ASSETS $ 2,848,181 $ 2,567,598
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts Payable $ 92,814 $ 108,437
Outstanding Checks 56,939 43,361
Accrued Expenses 241,231 280,910
Deferred Lease Credits 42,358 37,925
Income Taxes Payable 16,455 72,480
TOTAL CURRENT LIABILITIES 449,797 543,113
LONG-TERM LIABILITIES:
Deferred Income Taxes 34,085 22,491
Deferred Lease Credits 211,978 213,739
Debt 100,000 —
Other Liabilities 206,743 169,942
TOTAL LONG-TERM LIABILITIES 552,806 406,172
SHAREHOLDERS’ EQUITY:
Class A Common Stock — $.01 par value: 150,000,000 shares
authorized and 103,300,000 shares issued at January 31,
2009 and February 2, 2008, respectively 1,033 1,033
Paid-In Capital 328,488 319,451
Retained Earnings 2,244,936 2,051,463
Accumulated Other Comprehensive (Loss) Income, net of tax (22,681) 7,118
Treasury Stock, at Average Cost 15,664,385 and
17,141,116 shares at January 31, 2009 and February 2, 2008,
respectively (706,198) (760,752)
TOTAL SHAREHOLDERS’ EQUITY 1,845,578 1,618,313
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,848,181 $ 2,567,598
The accompanying Notes are an integral part of these Consolidated Financial Statements.
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Source: ABERCROMBIE & FITCH CO /DE/, 10-K, March 27, 2009 Powered by Morningstar® Document Research℠