Abercrombie & Fitch 2015 Annual Report Download - page 68

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Table of Contents ABERCROMBIE & FITCH CO.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
68
17. SAVINGS AND RETIREMENT PLANS
The Company maintains the Abercrombie & Fitch Co. Savings & Retirement Plan, a qualified plan. All U.S. associates are eligible
to participate in this plan if they are at least 21 years of age. In addition, the Company maintains the Abercrombie & Fitch Co.
Nonqualified Savings and Supplemental Retirement, composed of two sub-plans (Plan I and Plan II). Plan I contains contributions
made through December 31, 2004, while Plan II contains contributions made on and after January 1, 2005. Participation in these
plans is based on service and compensation. The Company’s contributions are based on a percentage of associates’ eligible annual
compensation. The cost of the Company’s contributions to these plans was $15.4 million, $13.8 million and $18.3 million for
Fiscal 2015, Fiscal 2014 and Fiscal 2013, respectively.
18. SEGMENT REPORTING
During the first quarter of Fiscal 2015, the Company substantially completed its transition to a branded organizational structure.
In conjunction with the change, the Company determined its brand-based operating segments to be Abercrombie, which includes
the Company's Abercrombie & Fitch and abercrombie kids brands, and Hollister. These operating segments have similar economic
characteristics, class of consumers, products and production and distribution methods, and have been aggregated into one reportable
segment.
The following table provides the Company's net sales by operating segment for Fiscal 2015, Fiscal 2014 and Fiscal 2013.
(in thousands) Fiscal 2015 Fiscal 2014 Fiscal 2013
Abercrombie $ 1,640,992 $ 1,771,299 $ 1,893,955
Hollister 1,877,688 1,947,869 2,127,816
Other (1) — 24,862 95,126
Total $ 3,518,680 $ 3,744,030 $ 4,116,897
(1) Represents net sales from the Company's Gilly Hicks operations. See Note 16, "GILLY HICKS RESTRUCTURING," for additional information on the
Company's exit from Gilly Hicks branded stores.
The following table provides the Company’s net sales by geographic area for Fiscal 2015, Fiscal 2014 and Fiscal 2013.
(in thousands) Fiscal 2015 Fiscal 2014 Fiscal 2013
United States $ 2,282,040 $ 2,408,427 $ 2,659,089
Europe 832,923 959,981 1,116,781
Other 403,717 375,622 341,027
Total $ 3,518,680 $ 3,744,030 $ 4,116,897
The following table provides the Company’s long-lived assets by geographic area for Fiscal 2015, Fiscal 2014 and Fiscal 2013.
(in thousands) Fiscal 2015 Fiscal 2014 Fiscal 2013
United States $ 548,983 $ 556,967 $ 580,610
Europe 263,977 332,435 446,345
Other 109,275 105,542 135,373
Total $ 922,235 $ 994,944 $ 1,162,328