American Eagle Outfitters Financial Statements With Ratios

8/12/2019 American Eagle Outfitters Financial Statements With Ratios

1/15

American Eagle Outfitters, Inc. (NYS: AEO)

Exchange rate used is that of the Year End reported date38515.5

As Reported Annual Balance SheetReport Date 01/28/2012 01/29/2011

Currency USD USD

Audit Status Not Qualified Not Qualified

Consolidated Yes Yes

Scale Thousands ThousandsCash & money market investments - -Cash 548,728 122,578

Money-market 131,785 397,440Commercial paper 29,998 40,884Treasury bills 9,034 102,996Corporate bonds - 3,695

Taxable investments - -Cash & cash equivalents 719,545 667,593Cash & cash equivalents - -Tax exempt investments - -Taxable investments - -Short-term investments 25,499 67,102

Merchandise inventory 378,426 301,208Accounts receivable - franchise receivable 20,108 5,183Accounts receivable - marketing cost reimbursements 4,182 3,553Accounts receivable - gift card receivable 4,113 3,567Accounts receivable - landlord construction allowances 3,672 11,739Accounts receivable - insurance claims receivable 2,071 4,374

Accounts receivable - merchandise sell-offs 1,955 4,539Accounts receivable - taxes 1,076 -Accounts receivable - other 3,133 3,766Accounts receivable 40,310 36,721

Accounts & note receivable - fabric - -Accounts & note receivable - related party - -Accounts & note receivable - construction allowances - -Accounts & note receivable - merchandise sell-offs - -Accounts & note receivable - foreign govern taxes - -Accounts & note receivable - taxes - -Accounts & note receivable - distribution services - -Accounts & note receivable - sale of Bluenotes - -Interest income receivable - -

Accounts & note receivable - marketing cost reimbursements - -Accounts & note receivable - credit card receivable - -Accounts & note receivable - merchandise vendor receivables - -Accounts & note receivable - gift card receivable - -Accounts & note receivable - franchise receivable - -Property insurance claims - -Other accounts & note receivable - -Notes receivable - -


2/15


3/15

Scale Thousands ThousandsNet sales 3,159,818 2,967,559Cost of sales, including certain buying, occupancy & warehousi 2,031,477 1,796,600

Gross profit 1,128,341 1,170,959Selling, general & administrative expenses 735,828 713,197Loss on impairment of assets 20,730 -

Depreciation & amortization expense 140,647 140,501Goodwill impairment loss - -Operating income (loss) 231,136 317,261Realized gain (loss) on sale of investment securities - (24,426)Other income (expense), net 5,874 3,497Total other-than-temporary impairment losses - 5,089Portion of loss recognized in other comprehensive income, bef - (3,841)Net impairment loss recognized in earnings - 1,248

Income (loss) before income taxes - United States 218,153 258,408Income (loss) before income taxes - foreign 18,857 36,676Income (loss) before income taxes 237,010 295,084Current income taxes provision (benefit) - federal 63,631 89,110

Current income taxes provision (benefit) - foreign taxes 6,621 13,429Current income taxes provision (benefit) - state 10,841 9,610Total current income taxes provision (benefit) 81,093 112,149Deferred income taxes provision (benefit) - federal 7,158 (310)Deferred income taxes provision (benefit) - foreign taxes (1,120) (991)Deferred income taxes provision (benefit) - state (1,826) 2,302

Total deferred income taxes provision (benefit) 4,212 1,001Provision (benefit) for income taxes 85,305 113,150Income from continuing operations 151,705 181,934Income (loss) from discontinued operations, net of tax - (41,287)Net income (loss) 151,705 140,647Weighted average shares outstanding - basic 194,445 199,979Weighted average shares outstanding - diluted 196,314 201,818

Year end shares outstanding 193,848 194,366Income (loss) per share from continuing operations - basic 0.78 0.91Income (loss) per share from discontinued operations - basic - (0.21)Net income (loss) per share - basic 0.78 0.7

Income (loss) per share from continuing operations - diluted 0.77 0.9Income (loss) per share from discontinued operations - diluted - (0.2)Net income (loss) per share - diluted 0.77 0.7Cash dividends per common share 0.44 0.93Number of full time employees 6,500 6,900Number of part time employees 33,100 33,000Total number of employees 39,600 39,900Number of common stockholders 590 628

Number of beneficiary stockholders 45,000 50,000

As Reported Annual Retained Earnings

Report Date 01/28/2012 01/29/2011

Currency USD USD



Scale Thousands Thousands


4/15

Previous retained earnings (accumulated deficit) 1,711,929 1,764,049Adoption of FIN 48 - -Previous retained earnings (accumulated deficit), adjusted - -

Stock awards - -Reissuance of treasury stock 4,261 7,791Cash dividends & dividend equivalents 87,909 184,976

Retained earnings (accumulated deficit) 1,771,464 1,711,929

As Reported Annual Cash Flow

Report Date 01/28/2012 01/29/2011

Currency USD USD



Scale Thousands ThousandsNet income (loss) 151,705 140,647Loss (income) from discontinued operations, net of tax - 41,287Income from continuing operations 151,705 181,934

Depreciation & amortization 143,156 145,548Goodwill impairment loss - -Share-based compensation 12,341 25,457Provision (benefit) for deferred income taxes 4,207 11,885Tax benefit from share-based payments 356 15,648Excess tax benefit from share-based payments (373) (12,499)

Foreign currency transaction loss (gain) (325) 117Loss on impairment of assets 20,730 -Other-than-temporary impairment charge - -Net impairment loss recognized in earnings - 1,248Realized investment losses - 24,426Proceeds from sale of trading securities - -Other adjustments - -

Merchandise inventory (77,311) 18,713Account & note receivable, including related party - -Accounts receivable (3,589) (3,790)Prepaid expenses & other current assets (21,261) (9,045)

Other assets 2,444 (1,380)Accounts payable 17,934 5,232Unredeemed stored value cards & gift certificates - -Unredeemed gift cards & gift certificates 3,979 1,713Deferred lease credits (7,837) (7,451)Accrued compensation & payroll taxes 7,677 (19,618)Accrued income & other taxes (15,515) 11,999Accrued liabilities 938 12,457

Total adjustments 87,551 220,660Net cash flows from operating activities 239,256 402,594Capital expenditures for property & equipment (100,135) (84,259)Proceeds from sale of assets - -Acquisition of intangible assets (34,187) -Purchase of available-for-sale securities (193,851) (62,797)Sale of available-for-sale securities 240,797 177,472Other investing activities - (2,801)Net cash flows from investing activities (87,376) 27,615


5/15

Payments on note payable & line of credit - -Payments on note payable & capital leases - -Payments on capital leases (3,256) (2,590)

Proceeds from issuance of note payable - -Repayment of note payable - (30,000)Retirement of note payable & termination of swap agreement - -

Repurchase of common stock as part of publicly announced pr (15,160) (216,070)Repurchase of common stock from employees (2,189) (18,041)Cash paid for fractional shares in connection with three-for-two - -Proceeds from borrowings from line of credit - -Repurchase of common stock - -Net proceeds from stock options exercised 5,098 7,272Excess tax benefit from share-based payments 373 12,499Cash used to net settle equity awards - (6,434)

Cash dividends paid (85,592) (183,166)Net cash flows from financing activities (100,726) (436,530)Effect of exchange rates on cash 798 1,394Cash flows of discountinued operations - operating activities - (21,434)

Cash flows of discountinued operations - investing activities - (6)Cash flows of discountinued operations - effect of exchange rat - -Net cash flows from discontinued operations - (21,440)Net increase (decrease) in cash & cash equivalents 51,952 (26,367)Cash & cash equivalents - beginning of period 667,593 693,960Cash & cash equivalents - end of period 719,545 667,593

Cash paid during the period for income taxes 99,756 45,737Cash paid during the period for interest - 191

Ratios

Profit Margin 4.80%Return on Equity 0.11Gross Margin % 35.71%Asset Turnover 1.65

Accounts Receivable Turnover 82.04Days Sales In A/R 4.45Days Sales In Inventory 61.06Accounts Payable Turnover 11.56Number of Days to Pay For Inventory 31.58Cash Conversion Cycle 97.08Debt-to-assets 0.27Current Ratio 3.18

Times Interest Earned Interest expense not reportedAmount of Free Cash Flow $251,840Market Price Per Share 13.99 SourcePrice/Earnings Ratio 17.94Market Capitalization $2,711,933,520


6/15

01/30/2010 01/31/2009 02/02/2008 02/03/2007 01/28/2006 01/29/2005 01/31/2004

USD USD USD USD USD USD USD

Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified

Yes Yes Yes Yes Yes Yes Yes

Thousands Thousands Thousands Thousands Thousands Thousands Thousands- - - 59,079 69,641 - -

144,391 61,355 45,422 - - - -

404,161 411,987 70,639 - - - -25,420 - - - - - -

119,988 - - - - - -- - - - - - -

- - - 658 60,888 - -693,960 473,342 116,061 59,737 130,529 - -

- - - - - 275,061 251,324- - - 659,906 517,199 - -- - - 107,470 103,790 - -

4,675 10,511 503,878 767,376 620,989 314,546 86,488

326,454 294,928 286,485 263,644 210,739 137,991 120,586- - - - - - -- - - - - - -- - - - - - -- - - - - - -- - - - - - -

- - - - - - -- - - - - - -- - - - - - -- - - - - - -

- - - - - 2,871 4,257- - - - - - 4,219

11,132 11,139 12,284 9,345 8,212 6,801 3,8798,063 17,057 11,101 2,488 6,904 6,657 3,358

- - - - - 2,584 2,319- - 18 1,012 1,860 - -- - - - 1,618 2,015 1,040- - - - - 2,707 -

217 1,355 4,803 7,251 2,982 - -

2,556 2,363 - - - - -7,832 5,175 - - - - -

375 2,899 - - - - -1,413 - - - - - -1,419 - - - - - -

- - 69 2,530 4,081 - -1,739 1,483 3,645 3,419 3,489 2,797 3,748

- - - - - - -


7/15

- - - - - - -34,746 41,471 31,920 26,045 29,146 26,432 22,82047,039 59,660 35,486 33,720 30,110 25,856 27,589

60,156 45,447 47,004 47,732 46,976 47,754 16,816- - - - 12,183 - -

1,167,030 925,359 1,020,834 1,198,254 1,080,672 827,640 525,623

6,364 6,364 6,869 6,869 4,284 4,655 2,355151,484 122,414 106,632 34,093 30,682 36,301 20,957645,794 605,299 528,188 434,881 391,820 358,408 251,504590,610 536,009 427,827 289,828 239,139 218,050 188,716

554 28,543 21,794 92,019 1,098 2,318 -1,394,806 1,298,629 1,091,310 857,690 667,023 619,732 463,532

- - - - - - -681,664 558,389 465,742 376,045 321,505 266,519 184,843

713,142 740,240 625,568 481,645 345,518 353,213 278,689- - - - - - -

11,210 10,706 11,479 9,950 9,950 10,136 10,136197,773 251,007 165,810 251,644 145,774 84,416 24,357

27,305 15,001 24,238 - - - -21,688 21,363 19,751 45,991 23,735 18,254 26,2662,138,148 1,963,676 1,867,680 1,987,484 1,605,649 1,293,659 865,071

158,526 152,068 157,928 171,150 139,197 76,344 71,33030,000 75,000 - - - - -55,144 29,417 49,494 58,371 58,186 36,008 14,409

68,866 64,695 62,161 57,543 52,506 45,089 30,98520,585 6,259 22,803 87,780 43,273 33,926 28,66939,389 42,299 54,554 54,554 43,045 32,724 25,785

- - - - - - 4,83217,388 13,726 12,953 12,803 10,406 9,798 -19,057 18,299 16,285 18,263 15,010 19,376 13,025

408,955 401,763 376,178 460,464 361,623 253,265 189,035

- - - - - - 13,87489,591 88,314 70,355 65,114 60,087 57,758 -38,618 39,898 44,837 - - - -22,467 24,670 35,846 44,594 28,387 19,150 18,492

150,676 152,882 151,038 109,708 88,474 76,908 32,3662,486 2,485 2,481 2,461 1,608 1,517 735

554,399 513,574 493,395 453,418 370,615 268,286 156,774(6,401) (21,847) - - - - -23,239 7,458 - - - - -16,838 (14,389) 35,485 21,714 22,028 13,748 3,718

1,764,049 1,694,161 1,601,784 1,302,345 978,855 726,760 528,522- - - - 1,041 1,807 1,061

759,255 786,800 792,681 362,626 216,513 45,018 45,0181,578,517 1,409,031 1,340,464 1,417,312 1,155,552 963,486 643,670

01/30/2010 01/31/2009 02/02/2008 02/03/2007 01/28/2006 01/29/2005 01/31/2004





8/15


9/15

1,694,161 1,601,784 1,302,345 978,855 726,760 522,258 468,522- - (13,304) - - - -- - 1,289,041 - - - -

- 420 - - - - -15,228 4,710 6,480 2,348 - - -83,906 82,394 80,796 61,521 42,058 8,841 -

1,764,049 1,694,161 1,601,784 1,302,345 978,855 726,760 528,522

01/30/2010 01/31/2009 02/02/2008 02/03/2007 01/28/2006 01/29/2005 01/31/2004




Thousands Thousands Thousands Thousands Thousands Thousands Thousands169,022 179,061 400,019 387,359 294,153 213,343 60,000

- - - - (442) 10,889 -- - 400,019 387,359 293,711 224,232 -

147,483 133,141 109,203 88,033 74,578 68,273 56,281- - - - - - 14,11836,900 20,296 33,670 36,556 19,620 25,166 1,192

(36,027) 24,469 (8,147) (27,615) 4,752 (17,087) 7,4667,995 1,121 7,260 25,465 35,371 28,800 -

(2,812) (693) (6,156) (19,541) - - -

6,477 (1,141) 1,221 - - - -17,992 6,713 592 - - - -

- 22,889 - - - - -940 - - - - - -

2,749 - - - - - -- - - 183,968 - - -- - - - 4,867 2,796 4,487

(27,994) (13,735) (19,074) (53,527) (39,137) (25,840) 6,123- - - 2,778 4,638 3,878 (7,997)

7,052 (10,094) (5,660) - - - -13,063 (24,781) (1,334) (4,204) (3,642) 1,918 3,342

1,146 390 (3,242) - - - -4,992 (3,053) (15,559) 32,345 29,366 4,466 21,124

- (11,392) (699) 11,623 10,137 7,373 2,755(3,430) - - - - - -

4,173 18,887 4,640 7,791 2,784 3,359 -25,528 - - - - - -12,862 (20,697) (31,416) - - - -(1,649) (19,188) (1,048) 78,237 43,374 41,349 20,578

217,440 123,132 64,251 361,909 186,708 144,451 129,469386,462 302,193 464,270 749,268 480,419 368,683 189,469

(127,419) (265,335) (250,407) (225,939) (81,545) (97,288) (64,173)- - - 12,345 - - -- - - - - - -- (48,655) (1,772,653) (1,353,339) (1,187,556) (483,083) (154,373)

80,353 393,559 2,126,891 915,952 876,111 309,203 90,574(2,003) (1,180) (1,170) (140) (74) (14) (1,513)

(49,069) 78,389 102,661 (651,121) (393,064) (271,182) (129,485)


10/15

- - - - - (2,655) (5,434)- (2,177) (1,912) (3,020) (745) - -

(2,015) - - - - - -

- 75,000 - 2,025 - - -(45,000) - - - - - -

- - - - - (16,915) -

- - (438,291) (146,485) (161,008) - -(247) (3,432) (12,310) (7,635) (10,487) - -

- - - (113) - - -- - - - - - -- - - - - - (689)

7,630 3,799 13,183 28,447 48,198 57,533 1,1392,812 693 6,156 19,541 - - -

- - - - - - -

(82,985) (82,394) (80,796) (61,521) (42,058) (8,841) -(119,805) (8,511) (513,970) (168,761) (166,100) 29,122 (4,984)

3,030 (14,790) 3,363 (178) 4,680 1,903 1,798- - - - (15,214) - -

- - - - - - -- - - - 436 - -- - - - (14,778) 9,448 -

220,618 357,281 56,324 (70,792) (88,843) 137,974 56,798473,342 116,061 59,737 130,529 219,372 137,087 194,526693,960 473,342 116,061 59,737 130,529 275,061 251,324

61,869 132,234 260,615 204,179 133,461 121,138 25,4961,879 1,947 - 19 - 1,188 1,510

UNSURE

UNSURE

UNSURE

IFFY


11/15

02/01/2003

USD

Not Qualified

Yes

Thousands--

----

--

194,526--

47,047

124,708-----

----

-1,2665,2471,670

----

681

-------

377


12/15

4,35713,59832,153

15,846-

427,878

2,35520,144

217,102164,175

-403,776

-136,297

267,479-

23,614-

-22,368741,33950,608

-13,001

28,47612,65522,837

4,225-

9,784141,586

16,356--

5,915

22,271733

154,840--

(31)468,522

2,253

44,329577,482

02/01/2003

USD

Not Qualified

Yes


13/15

Thousands1,463,141

920,643

542,498350,752

-

50,661-

141,085-

2,528---

--

143,61348,521

(3,114)6,67952,086

5,786(3,790)

796

2,79254,878

--

88,735215,127218,349

213,141--

0.413

--

0.407-

3,5008,300

11,800227

25,000

02/01/2003

USD

Not Qualified

Yes

Thousands


14/15

379,787--

---

468,522

02/01/2003

USD

Not Qualified

Yes

Thousands88,735

--

50,661-853

2,792--

------

2,543

(33,001)4,751

-(8,495)

-12,752

5,213----

(22,256)

15,813104,548(61,407)

--

(86,856)84,894(5,102)

(68,471)


15/15

(9,555)--

---

---

4,777(19,476)

1,840--

-(22,414)

465-

---

14,128180,398194,526

64,5471,964

American Eagle Outfitters Financial Statements With Ratios

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