American Eagle Outfitters 2014 Annual Report Download - page 38

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Table of Contents
AMERICAN EAGLE OUTFITTERS, INC.
CONSOLIDATED BALANCE SHEETS
Refer to Notes to Consolidated Financial Statements
38
(In thousands, except per share amounts)
January 31,
2015
February 1,
2014
Assets
Current assets:
Cash and cash equivalents
$
410,697
$
418,933
Short
-
term investments
—
10,002
Merchandise inventory
278,972
291,541
Accounts receivable
67,894
73,882
Prepaid expenses and other
73,848
88,155
Deferred income taxes
59,102
45,478
Total current assets
890,513
927,991
Property and equipment, at cost, net of accumulated depreciation
694,856
632,986
Intangible assets, at cost, net of accumulated amortization
47,206
49,271
Goodwill
13,096
13,530
Non
-
current deferred income taxes
14,035
24,835
Other assets
37,202
45,551
Total assets
$
1,696,908
$
1,694,164
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
$
191,146
$
203,872
Accrued compensation and payroll taxes
44,884
23,560
Accrued rent
78,567
76,397
Accrued income and other taxes
33,110
5,778
Unredeemed gift cards and gift certificates
47,888
47,194
Current portion of deferred lease credits
12,969
13,293
Other liabilities and accrued expenses
50,529
45,384
Total current liabilities
459,093
415,478
Non
-
current liabilities:
Deferred lease credits
54,516
59,510
Non
-
current accrued income taxes
10,456
16,543
Other non
-
current liabilities
33,097
36,455
Total non
-
current liabilities
98,069
112,508
Commitments and contingencies
—
—
Stockholders
’
equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding
—
—
Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 194,516 and
193,149 shares outstanding, respectively
2,496
2,496
Contributed capital
569,675
573,008
Accumulated other comprehensive income
(9,944
)
12,157
Retained earnings
1,543,085
1,569,851
Treasury stock, 55,050 and 56,417 shares, respectively, at cost
(965,566
)
(991,334
)
Total stockholders
’
equity
1,139,746
1,166,178
Total liabilities and stockholders
’
equity
$
1,696,908
$
1,694,164