American Eagle Outfitters 2009 Annual Report Download - page 40

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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)
Accumulated
Other
Comprehensive
Income
(Loss)
Stockholders’
Equity
(In thousands, except per share amounts)
Balance at February 3, 2007 ........... 221,284 2,461 453,418 1,302,345 (362,626) 21,714 1,417,312
Adoption of ASC 740 regarding accounting
for unrecognized tax benefits . . ........ — — — (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
Stock awards ...................... 41 1 40,825 — — — 40,826
Repurchase of common stock from
employees....................... (18) — — — (247) — (247)
Reissuance of treasury stock ............ 1,528 — — (15,228) 27,792 — 12,564
Net income ....................... — — — 169,022 — — 169,022
Other comprehensive income, net of tax . . . . . — — — — — 31,227 31,227
Cash dividends and dividend equivalents
($0.40 per share) .................. — — — (83,906) — — (83,906)
Balance at January 30, 2010 ........... 206,832 $2,486 $554,399 $1,764,049 $(759,255) $ 16,838 $1,578,517
(1) 600,000 authorized, 249,561 issued and 206,832 outstanding (excluding 992 shares of non-vested restricted
stock), $0.01 par value common stock at January 30, 2010; 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; The Company has 5,000 authorized, with
none issued or outstanding, $0.01 par value preferred stock at January 30, 2010, January 31, 2009 and
February 2, 2008.
(2) 41,737 shares, 43,248 shares and 43,596 shares at January 30, 2010, January 31, 2009 and February 2, 2008,
respectively. During Fiscal 2009 Fiscal 2008 and Fiscal 2007, 1,528 shares, 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