Abercrombie & Fitch 2015 Annual Report Download - page 41

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Table of Contents
41
ABERCROMBIE & FITCH CO.
CONSOLIDATED BALANCE SHEETS
(Thousands, except par value amounts)
January 30, 2016 January 31, 2015
Assets
Current assets:
Cash and equivalents $ 588,578 $ 520,708
Receivables 56,868 52,910
Inventories, net 436,701 460,794
Deferred income taxes, net — 13,986
Other current assets 96,833 116,574
Total current assets 1,178,980 1,164,972
Property and equipment, net 894,178 967,001
Other assets 359,881 373,194
Total assets $ 2,433,039 $ 2,505,167
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 184,175 $ 141,685
Accrued expenses 321,237 282,736
Short-term portion of deferred lease credits 23,303 26,629
Income taxes payable 5,988 32,804
Short-term portion of borrowings, net — 2,102
Total current liabilities 534,703 485,956
Long-term liabilities:
Long-term portion of deferred lease credits 89,256 106,393
Long-term portion of borrowings, net 286,235 291,310
Leasehold financing obligations 47,440 50,521
Other liabilities 179,683 181,286
Total long-term liabilities 602,614 629,510
Stockholders' equity
Class A Common Stock - $0.01 par value: 150,000 shares authorized and 103,300 shares issued at each of
January 30, 2016 and January 31, 2015 1,033 1,033
Paid-in capital 407,029 434,137
Retained earnings 2,530,196 2,550,673
Accumulated other comprehensive loss, net of tax (114,619) (83,580)
Treasury stock, at average cost: 35,952 and 33,948 shares at January 30, 2016 and January 31, 2015,
respectively (1,532,576) (1,512,562)
Total Abercrombie & Fitch Co. stockholders' equity 1,291,063 1,389,701
Noncontrolling interests 4,659 —
Total stockholders' equity 1,295,722 1,389,701
Total liabilities and stockholders' equity $ 2,433,039 $ 2,505,167
The accompanying Notes are an integral part of these Consolidated Financial Statements.