Abercrombie & Fitch 2010 Annual Report Download - page 75

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Table of Contents
ABERCROMBIE & FITCH CO.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The total intrinsic value of stock appreciation rights exercised during the fifty-two weeks ended January 29, 2011 was
$1.8 million.
The grant date fair value of stock appreciation rights vested during the fifty-two weeks ended January 29, 2011 was $5.0 million.
As of January 29, 2011, there was $53.5 million of total unrecognized compensation cost, net of estimated forfeitures, related to
stock appreciation rights. The unrecognized compensation cost is expected to be recognized over a weighted-average period of
1.5 years.
Restricted Stock Units
Below is a summary of restricted stock unit activity for the fifty-two weeks ended January 29, 2011:
Weighted-Average
Grant Date
Restricted Stock Units Number of Shares Fair Value
Non-vested at January 30, 2010 1,331,048 $ 55.45
Granted 431,286 41.45
Vested (410,092) 59.33
Forfeited (204,488) 50.70
Non-vested at January 29, 2011 1,147,754 $ 49.59
The total fair value of restricted stock units granted during the fifty-two weeks ended January 29, 2011, January 30, 2010 and
January 31, 2009 was $17.9 million, $11.5 million and $51.3 million, respectively.
The total grant date fair value of restricted stock units and restricted shares vested during the fifty-two weeks ended January 29,
2011, January 30, 2010 and January 31, 2009 was $24.3 million, $26.4 million and $54.8 million, respectively.
As of January 29, 2011, there was $28.4 million of total unrecognized compensation cost, net of estimated forfeitures, related to
non-vested restricted stock units. The unrecognized compensation cost is expected to be recognized over a weighted-average period of
1.1 years.
4. CASH AND EQUIVALENTS
Cash and equivalents consisted of (in thousands):
January 29, 2011 January 30, 2010
Cash and equivalents:
Cash $ 300,624 $ 186,333
Cash equivalents 525,729 483,617
Total cash and equivalents $ 826,353 $ 669,950
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