American Eagle Outfitters 2008 Annual Report Download - page 41

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AMERICAN EAGLE OUTFITTERS, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Shares
Outstanding
(1)
Common
Stock
Contributed
Capital
Retained
Earnings
Treasury
Stock(2)
Deferred
Compensation
Expense
Accumulated
Other
Comprehensive
Income
(Loss)
Stockholders’
Equity
(In thousands, except per share amounts)
Balance at January 28, 2006 ...... 221,897 2,416 369,807 978,855 (216,513) (1,041) 22,028 1,155,552
Stock awards . . ............... 4,556 45 83,615 — — 1,041 — 84,701
Repurchase of common stock as part
of publicly announced programs . . . (5,250) — — — (146,485) — — (146,485)
Repurchase of common stock from
employees . . ............... (443) — — — (7,635) — — (7,635)
Cash paid for fractional shares in
three-for-two stock split......... (4) — (113) — — — — (113)
Reissuance of treasury stock . . ..... 528 — 109 (2,348) 8,007 — — 5,768
Net income . . . ............... — — — 387,359 — — — 387,359
Other comprehensive loss, net of tax . . — — — — — (314) (314)
Cash dividends ($0.28 per share) .... — — — (61,521) — — — (61,521)
Balance at February 3, 2007 ...... 221,284 2,461 453,418 1,302,345 (362,626) —21,714 1,417,312
Adoption of FIN 48 . . . .......... — — — (13,304) (13,304)
Balance at February 4, 2007 ...... 221,284 2,461 453,418 1,289,041 (362,626) —21,714 1,404,008
Stock awards . . ............... 1,092 20 39,977 — — — — 39,997
Repurchase of common stock as part
of publicly announced programs . . . (18,750) — — — (438,291) — — (438,291)
Repurchase of common stock from
employees . . ............... (415) — — — (12,310) — — (12,310)
Reissuance of treasury stock . . ..... 1,269 — — (6,480) 20,546 — — 14,066
Net income . . . ............... — — — 400,019 — 400,019
Other comprehensive income, net of
tax ...................... — — — — — — 13,771 13,771
Cash dividends ($0.38 per share) .... — — — (80,796) — — — (80,796)
Balance at February 2, 2008 ...... 204,480 $2,481 $493,395 $1,601,784 $(792,681) $— $ 35,485 $1,340,464
Stock awards . . ............... 453 4 20,179 420 — — — 20,603
Repurchase of common stock from
employees . . ............... (164) — — — (3,432) — — (3,432)
Reissuance of treasury stock . . ..... 512 — — (4,710) 9,313 — — 4,603
Net income . . . ............... — — — 179,061 — — — 179,061
Other comprehensive loss, net of tax . . — — — — — — (49,874) (49,874)
Cash dividends ($0.40 per share) .... — — — (82,394) — — — (82,394)
Balance at January 31, 2009 ...... 205,281 $2,485 $513,574 $1,694,161 $(786,800) $— $(14,389) $1,409,031
All amounts presented reflect the December 18, 2006 three-for-two stock split.
(1) 600,000 authorized, 249,328 issued and 205,281 outstanding (excluding 799 shares of non-vested restricted
stock), $0.01 par value common stock at January 31, 2009; 600,000 authorized, 248,763 issued and 204,480
outstanding (excluding 687 shares of non-vested restricted stock), $0.01 par value common stock at February 2,
2008; and 250,000 authorized, 248,155 issued and 221,284 outstanding (excluding 1,172 shares of non-vested
restricted stock), at February 3, 2007; The Company has 5,000 authorized, with none issued or outstanding,
$0.01 par value preferred stock at January 31, 2009, February 2, 2008 and February 3, 2007.
(2) 43,248 shares 43,596 shares, and 25,699 shares at January 31, 2009, February 2, 2008, and February 3, 2007,
respectively. During Fiscal 2008 and Fiscal 2007, 512 shares and 1,269 shares, respectively, were reissued from
treasury stock for the issuance of share-based payments.
Refer to Notes to Consolidated Financial Statements
39