Abercrombie & Fitch 2009 Annual Report Download - page 65

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As of January 30, 2010, there was $45.5 million of total unrecognized compensation cost, net of
estimated forfeitures, related to stock appreciation rights. The unrecognized cost is expected to be recognized
over a weighted-average period of 1.9 years.
Restricted Stock Activity
Below is a summary of restricted stock unit activity for the fifty-two weeks ended January 30, 2010:
Restricted Stock Units
Number of
Shares
Weighted-Average
Grant Date
Fair Value
Non-vested at January 31, 2009 ........................ 1,498,355 $64.18
Granted .......................................... 473,197 24.29
Vested ........................................... (411,308) 64.26
Forfeited ......................................... (229,196) 55.94
Non-vested at January 30, 2010 ........................ 1,331,048 $55.45
The total fair value of restricted stock units granted during the fifty-two week periods ended January 30,
2010, January 31, 2009 and February 2, 2008 was $11.5 million, $51.3 million and $53.9 million,
respectively.
The total grant date fair value of restricted stock units vested during the fifty-two week periods ended
January 30, 2010, January 31, 2009 and February 2, 2008 was $26.4 million, $54.8 million and $14.2 million,
respectively.
As of January 30, 2010, there was $41.1 million of total unrecognized compensation cost, net of
estimated forfeitures, related to non-vested restricted stock units. The unrecognized cost is expected to be
recognized over a weighted-average period of 1.1 years.
64
ABERCROMBIE & FITCH CO.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)