American Eagle Outfitters 2008 Annual Report Download - page 53

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Reclassification
Certain reclassifications have been made to the Consolidated Financial Statements for prior periods in order to
conform to the Fiscal 2007 presentation, including unaudited quarterly financial information. Refer to Note 13 to
the Consolidated Financial Statements.
3. Cash and Cash Equivalents, Short-term Investments and Long-term Investments
The following table summarizes the fair market value of our cash and marketable securities, which are
recorded as cash and cash equivalents on the Consolidated Balance Sheets, our short-term investments and our long-
term investments:
Balance
Unrealized
Holding Gains
Unrealized
Holding Losses
January 31, 2009
(In thousands)
Cash and cash equivalents:
Cash ..................................... $ 61,355 $— $ —
Money-market .............................. 411,987 — —
Total cash and cash equivalents ................... $473,342 $— $ —
Short-term investments:
Preferred stock .............................. $ 6,219 $— $ —
Auction rate preferred securities ................. 4,292 — —
Total short-term investments ...................... $ 10,511 $— $ —
Long-term investments:
Student-loan backed ARS ...................... $169,254 $— $(31,446)
State and local government ARS ................. 69,970 — (630)
Auction rate preferred securities ................. 11,783 — (3,217)
Total long-term investments ...................... $251,007 $— $(35,293)
Total ....................................... $734,860 $— $(35,293)
Balance
Unrealized
Holding Gains
Unrealized
Holding Losses
February 2, 2008
(In thousands)
Cash and cash equivalents:
Cash ..................................... $ 45,422 $ — $ —
Money-market .............................. 70,639 — —
Total cash and cash equivalents ................... $116,061 $ — $ —
Short-term investments:
Student-loan backed ARS ...................... $248,800 $ — $ —
Treasury and agency ARS...................... 20,172 107 —
State and local government ARS ................. 136,161 52 —
Auction rate preferred securities ................. 98,745 — (27)
Total short-term investments ...................... $503,878 $159 $ (27)
Long-term investments:
Treasury and agency ARS...................... $122,811 $526 $ (61)
State and local government ARS ................. 6,419 — —
Auction rate preferred securities ................. 36,580 65 (48)
Total long-term investments ...................... $165,810 $591 $(109)
Total ....................................... $785,749 $750 $(136)
51
AMERICAN EAGLE OUTFITTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)