American Eagle Outfitters 2009 Annual Report Download - page 51

Download and view the complete annual report

Please find page 51 of the 2009 American Eagle Outfitters annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

The following tables present summarized geographical information:
January 30,
2010
January 31,
2009
February 2,
2008
For the Years Ended
(In thousands)
Net sales:
United States ................................ $2,715,583 $2,707,261 $2,770,119
Foreign(1) .................................. 274,937 281,605 285,300
Total net sales ................................. $2,990,520 $2,988,866 $3,055,419
(1) Amounts represent sales from American Eagle and aerie Canadian retail stores, as well as AEO Direct sales,
that are billed to and/or shipped to foreign countries.
January 30,
2010
January 31,
2009
(In thousands)
Long-lived assets, net:
United States ............................................ $678,385 $708,180
Foreign ................................................. 45,967 42,766
Total long-lived assets, net .................................... $724,352 $750,946
Reclassifications
Certain reclassifications have been made to the Consolidated Financial Statements for prior periods in order to
conform to the current period presentation.
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 30, 2010
(In thousands)
Cash and cash equivalents:
Cash ..................................... $144,391 $— $ —
Commercial paper ........................... 25,420
Treasury bills ............................... 119,988
Money-market .............................. 404,161 — —
Total cash and cash equivalents ................... $693,960 $— $ —
Short-term investments:
Student-loan backed ARS ...................... $ 400 $— $ —
State and local government ARS ................. 4,275 — —
Total short-term investments ...................... $ 4,675 $— $ —
Long-term investments:
Student-loan backed ARS ...................... $149,031 $— $ (8,569)
State and local government ARS ................. 35,969 — (456)
Auction rate preferred securities ................. 12,773 — (1,287)
Total long-term investments ...................... $197,773 $— $(10,312)
Total ....................................... $896,408 $— $(10,312)
50
AMERICAN EAGLE OUTFITTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)