XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 03, 2018
Oct. 28, 2017
Nov. 03, 2018
Oct. 28, 2017
Net sales $ 861,194 $ 859,112 $ 2,434,507 $ 2,299,532
Cost of sales, exclusive of depreciation and amortization 333,375 332,485 957,448 913,085
Gross profit 527,819 526,627 1,477,059 1,386,447
Stores and distribution expense 371,859 375,944 1,107,566 1,105,168
Marketing, general and administrative expense 117,181 124,533 365,961 343,779
Asset impairment 656 3,480 10,383 10,345
Other operating income, net (1,557) (70) (4,551) (4,555)
Operating income (loss) 39,680 22,740 (2,300) (68,290)
Interest expense, net 2,857 4,571 8,898 12,780
Income (loss) before income taxes 36,823 18,169 (11,198) (81,070)
Income tax expense (benefit) 12,047 7,553 8,358 (16,062)
Net income (loss) 24,776 10,616 (19,556) (65,008)
Less: Net income attributable to noncontrolling interests 857 541 2,839 2,108
Net income (loss) attributable to A&F $ 23,919 $ 10,075 $ (22,395) $ (67,116)
Net income (loss) per share attributable to A&F        
Basic $ 0.36 $ 0.15 $ (0.33) $ (0.98)
Diluted $ 0.35 $ 0.15 $ (0.33) $ (0.98)
Weighted-average shares outstanding        
Basic 66,818 68,512 67,775 68,347
Diluted 68,308 69,425 67,775 68,347
Dividends declared per share $ 0.20 $ 0.20 $ 0.6 $ 0.6
Other comprehensive (loss) income        
Foreign currency translation, net of tax $ (3,095) $ (3,496) $ (22,640) $ 21,183
Derivative financial instruments, net of tax (681) 5,518 19,026 (9,230)
Other comprehensive (loss) income (3,776) 2,022 (3,614) 11,953
Comprehensive income (loss) 21,000 12,638 (23,170) (53,055)
Less: Comprehensive income attributable to noncontrolling interests 857 541 2,839 2,108
Comprehensive income (loss) attributable to A&F $ 20,143 $ 12,097 $ (26,009) $ (55,163)