Abercrombie & Fitch 2014 Annual Report Download - page 42

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42
ABERCROMBIE & FITCH CO.
CONSOLIDATED BALANCE SHEETS
(Thousands, except par value amounts)
January 31, 2015 February 1, 2014
ASSETS
CURRENT ASSETS:
Cash and Equivalents $ 520,708 $ 600,116
Receivables 52,910 67,965
Inventories 460,794 530,192
Deferred Income Taxes, Net 13,986 21,835
Other Current Assets 116,574 100,458
TOTAL CURRENT ASSETS 1,164,972 1,320,566
PROPERTY AND EQUIPMENT, NET 967,001 1,131,341
OTHER ASSETS 373,194 399,090
TOTAL ASSETS $ 2,505,167 $ 2,850,997
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts Payable $ 141,685 $ 130,715
Accrued Expenses 282,736 322,834
Short-Term Portion of Deferred Lease Credits 26,629 36,165
Income Taxes Payable 32,804 63,508
Short-Term Portion of Borrowings, Net 2,102 15,000
TOTAL CURRENT LIABILITIES 485,956 568,222
LONG-TERM LIABILITIES:
Long-Term Portion of Deferred Lease Credits 106,393 140,799
Long-Term Portion of Borrowings, Net 291,310 120,000
Leasehold Financing Obligations 50,521 60,726
Other Liabilities 181,286 231,757
TOTAL LONG-TERM LIABILITIES 629,510 553,282
STOCKHOLDERS’ EQUITY:
Class A Common Stock — $0.01 par value: 150,000 shares authorized and 103,300 shares issued at each of
January 31, 2015 and February 1, 2014 1,033 1,033
Paid-In Capital 434,137 433,620
Retained Earnings 2,550,673 2,556,270
Accumulated Other Comprehensive Loss, net of tax (83,580) (20,917)
Treasury Stock, at Average Cost — 33,948 and 26,898 shares at January 31, 2015 and February 1, 2014,
respectively (1,512,562) (1,240,513)
TOTAL STOCKHOLDERS’ EQUITY 1,389,701 1,729,493
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,505,167 $ 2,850,997
The accompanying Notes are an integral part of these Consolidated Financial Statements.