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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Feb. 01, 2025
Accounting Policies [Abstract]  
Cash, Cash Equivalents and Investments
A summary of cash and equivalents on the Consolidated Balance Sheets follows:
(in thousands)February 1, 2025February 3, 2024
Cash (1)
$467,642 $524,735 
Cash equivalents: (2)
Time deposits1,013 26,975 
Money market funds304,072 349,174 
Cash and equivalents$772,727 $900,884 
(1)    Primarily consists of amounts on deposit with financial institutions.
(2)    Investments with original maturities of less than three months.
Schedule of Cash Flow, Supplemental Disclosures
Consolidated Statements of Cash Flows Reconciliation

The following table provides a reconciliation of cash and equivalents and restricted cash and equivalents to the amounts shown on the Consolidated Statements of Cash Flows:
(in thousands)LocationFebruary 1, 2025February 3, 2024January 28, 2023
Cash and equivalentsCash and equivalents$772,727 $900,884 $517,602 
Restricted cash and equivalents (1)
Other assets7,668 8,801 9,967 
Cash and equivalents and restricted cash and equivalents$780,395 $909,685 $527,569 
Schedule of Stock by Class
A summary of the Company’s Class A Common Stock, $0.01 par value, and Class B Common Stock, $0.01 par value, follows:
(in thousands)February 1, 2025February 3, 2024
Class A Common Stock
Shares authorized150,000 150,000 
Shares issued103,300 103,300 
Shares outstanding49,735 50,500 
Class B Common Stock (1)
Shares authorized106,400 106,400 
(1)    No shares were issued or outstanding as of each of February 1, 2025 and February 3, 2024.
Supplier Finance Program
The following table provides activity in the SCF program for Fiscal 2024:
(in thousands)Fiscal 2024
Confirmed obligations outstanding at the beginning of the period$72,376 
Invoices confirmed during the period440,125 
Confirmed invoices paid during the period(424,112)
Confirmed obligations outstanding at the end of the period$88,389 
Shipping & Handling Costs
A summary of shipping and handling costs, which includes costs incurred to store, move and prepare product for shipment and costs incurred to physically move product to our customers across channels, follows:
(in thousands)Fiscal 2024Fiscal 2023Fiscal 2022
Shipping and handling costs$410,004$362,545$356,280
Other operating income, net A summary of foreign-currency-denominated transaction gains (losses), including those related to derivative instruments, follows:
(in thousands)Fiscal 2024Fiscal 2023Fiscal 2022
Foreign-currency-denominated transaction gains (losses)$2,665 $1,936 $(1,626)
Marketing and Advertising Cost
A summary of marketing costs follows:
(in thousands)Fiscal 2024Fiscal 2023Fiscal 2022
Marketing costs
$270,598 $217,276 $189,347 
Schedule of Weighted Average Number of Shares Additional information pertaining to net income per share attributable to A&F follows:
(in thousands)Fiscal 2024Fiscal 2023Fiscal 2022
Shares of Common Stock issued103,300 103,300 103,300 
Weighted-average treasury shares(52,461)(53,050)(52,993)
Weighted-average — basic shares50,839 50,250 50,307 
Dilutive effect of share-based compensation awards
2,132 2,476 2,020 
Weighted-average — diluted shares52,971 52,726 52,327 
Anti-dilutive shares (1)
220 541 2,233