XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 29, 2017
Jul. 30, 2016
Net sales $ 779,321 $ 783,160 $ 1,440,420 $ 1,468,643
Cost of sales, exclusive of depreciation and amortization 318,426 306,053 580,600 565,815
Gross profit 460,895 477,107 859,820 902,828
Stores and distribution expense 369,295 382,917 729,224 752,035
Marketing, general and administrative expense 109,353 111,719 219,246 226,166
Asset impairment 6,135 6,356 6,865 6,356
Other operating income, net (2,799) (13,080) (4,485) (16,013)
Operating loss (21,089) (10,805) (91,030) (65,716)
Interest expense, net 4,089 4,741 8,209 9,247
Loss before taxes (25,178) (15,546) (99,239) (74,963)
Income tax benefit (10,563) (3,515) (23,615) (24,302)
Net loss (14,615) (12,031) (75,624) (50,661)
Less: Net income attributable to noncontrolling interests 876 1,098 1,567 2,055
Net loss attributable to A&F $ (15,491) $ (13,129) $ (77,191) $ (52,716)
Net loss per share attributable to A&F        
Basic $ (0.23) $ (0.19) $ (1.13) $ (0.78)
Diluted $ (0.23) $ (0.19) $ (1.13) $ (0.78)
Weighted-average shares outstanding        
Basic 68,456 67,944 68,264 67,785
Diluted 68,456 67,944 68,264 67,785
Dividends declared per share $ 0.20 $ 0.20 $ 0.40 $ 0.40
Other comprehensive income (loss)        
Foreign currency translation, net of tax $ 19,072 $ (7,361) $ 24,679 $ 13,064
Derivative financial instruments, net of tax (10,148) 6,575 (14,748) (3,380)
Other comprehensive income (loss) 8,924 (786) 9,931 9,684
Comprehensive loss (5,691) (12,817) (65,693) (40,977)
Less: Comprehensive income attributable to noncontrolling interests 876 1,098 1,567 2,055
Comprehensive loss attributable to A&F $ (6,567) $ (13,915) $ (67,260) $ (43,032)