Abercrombie & Fitch Co. Consolidated Balance Sheets (Thousands, except par value amounts) February 1, 2020 February 2, 2019 671,267 $ 723,195 1,264,749 80,251 73,112 434,326 437,879 78,905 101,824 1,335,950 665,290 694,855 1,230,954 388,672 354,788 3,549,665 $2,385,593 226,878 293,579 219,919 $ 302,214 282,829 10,392 18,902 19,558 Assets Current assets: Cash and equivalents Receivables Inventories Other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Other assets Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable Accrued expenses Short-term portion of operating lease liabilities Income taxes payable Short-term portion of deferred lease credits Total current liabilities Long-term liabilities: Long-term portion of operating lease liabilities Long-term portion of borrowings, net Long-term portion of deferred lease credits Leasehold financing obligations Other liabilities Total long-term liabilities Stockholders' equity Class A Common Stock - $0.01 par value: 150,000 shares authorized and 103,300 shares issued at each of February 1, 2020 and February 2, 2019 Paid-in capital Retained earnings Accumulated other comprehensive loss, net of tax ("AOCL"). Treasury stock, at average cost: 40,514 and 37,073 shares at February 1, 2020 and February 2, 2019, respectively Total Abercrombie & Fitch Co. stockholders' equity Noncontrolling interests Total stockholders' equity Total liabilities and stockholders' equity 815,354 558,917 1,252,634 231,963 250,439 76.134 178,536 1,663,133 46,337 235,145 608,055 1,033 1,033 404,983 405,379 2,313,745 2,418,544 (108,886) (102,452) (1,552,065) (1,513,604) 1,058,810 1,208,900 12,368 9,721 1,071,178 1,218,621 3,549,665 $ 2,385,593 Abercrombie & Fitch Co. Consolidated Statements of Operations and Comprehensive Income (Thousands, except per share amounts) Net sales Cost of sales, exclusive of depreciation and amortization Gross profit Stores and distribution expense Marketing, general and administrative expense Flagship store exit charges Asset impairment, exclusive of flagship store exit charges Other operating income, net Operating income Interest expense, net Income before income taxes Income tax expense Net income Less: Net income attributable to noncontrolling interests Net income attributable to A&F Fiscal 2019 Fiscal 2018 Fiscal 2017 3,623,073 $ 3,590,109 $ $ 3,492,690 1,472,155 1,430,193 1,408,848 2,150,918 2,159,9162,083,842 1,551,243 1,536,216 1,540,032 464,615 484,863 471,914 47,257 5,806 2,393 19,135 11,580 14,391 (1,400) (5,915) (16,938) 70,068 127,366 72,050 7,737 10.999 16,889 62,331 116,367 55,161 17,371 37,559 44,636 44,960 78,808 10,525 5,602 4,267 3,431 $39,358 $ 74,541 $7,094 Net income per share attributable to A&F Basic 0.10 Diluted 0.61 1.11 $ 0.60 $ 1.08 $ 0.10 Weighted-average shares outstanding Basic Diluted 64,428 65,778 67,350 69,137 68,391 69,403 (14,932) Other comprehensive (loss) income Foreign currency translation, net of tax Derivative financial instruments, net of tax Other comprehensive (loss) income Comprehensive income Less: Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to A&F (5,080) $ (19,940) $ 41,180 (1,354) 12,542 (6,434) (7,398) 26,248 38,526 71,410 36,773 5,602 4,267 3,431 32,924 $ 67,143 $ 33,342 RATIO ASSIGNMENT DUE FRIDAY, DECEMBER 10TH 1 114 Points. 1 point per acount) 3 3 Dividends for Abercrombie & Fitch $ 0.80 From the Financial Statements for Abercrombie & Fitch, Identify the following items and Input amounts into the shaded cells. IfA & F does not have an account requested put 0 (zero). Balance Sheet February 1, 2020 amounts only) February 1, 2020 and February 2, 2019 Income Statement (Fiscal 2019 only) Cash 2020 2019 Sales Accounts Receivable Inventary Cost of cands Sold Marketable Securities Total Stockholders' Equity Interest Expense Total Current Assets Income Tax Lxpense Tatrrent Liabilities Net Incarre Tatal abilities Basic Earnings per share LO 1 -2 -3 -4 5 -6 -7 -9 9 2 Compute the following ratios (plean input into shaded cell) Display answer to two decimal places. (11 points, as indicated) Liquidity Current Ratio Acid Test 11 point 11 point Asset Management Awerage Inventory Sale period 12 points 21 -2 23 -4 5 CG -7 -R Debt Management Debt to Equity Times Interes. Earned 11 point 12 points Profitability Return on Equity Net Prolt Margin 12 points 11 point! 0 1 2 =3 Market Performance Dividend Payout 11 pointi 5 Abercrombie & Fitch Co. Consolidated Balance Sheets (Thousands, except par value amounts) February 1, 2020 February 2, 2019 671,267 $ 723,195 1,264,749 80,251 73,112 434,326 437,879 78,905 101,824 1,335,950 665,290 694,855 1,230,954 388,672 354,788 3,549,665 $2,385,593 226,878 293,579 219,919 $ 302,214 282,829 10,392 18,902 19,558 Assets Current assets: Cash and equivalents Receivables Inventories Other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Other assets Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable Accrued expenses Short-term portion of operating lease liabilities Income taxes payable Short-term portion of deferred lease credits Total current liabilities Long-term liabilities: Long-term portion of operating lease liabilities Long-term portion of borrowings, net Long-term portion of deferred lease credits Leasehold financing obligations Other liabilities Total long-term liabilities Stockholders' equity Class A Common Stock - $0.01 par value: 150,000 shares authorized and 103,300 shares issued at each of February 1, 2020 and February 2, 2019 Paid-in capital Retained earnings Accumulated other comprehensive loss, net of tax ("AOCL"). Treasury stock, at average cost: 40,514 and 37,073 shares at February 1, 2020 and February 2, 2019, respectively Total Abercrombie & Fitch Co. stockholders' equity Noncontrolling interests Total stockholders' equity Total liabilities and stockholders' equity 815,354 558,917 1,252,634 231,963 250,439 76.134 178,536 1,663,133 46,337 235,145 608,055 1,033 1,033 404,983 405,379 2,313,745 2,418,544 (108,886) (102,452) (1,552,065) (1,513,604) 1,058,810 1,208,900 12,368 9,721 1,071,178 1,218,621 3,549,665 $ 2,385,593 Abercrombie & Fitch Co. Consolidated Statements of Operations and Comprehensive Income (Thousands, except per share amounts) Net sales Cost of sales, exclusive of depreciation and amortization Gross profit Stores and distribution expense Marketing, general and administrative expense Flagship store exit charges Asset impairment, exclusive of flagship store exit charges Other operating income, net Operating income Interest expense, net Income before income taxes Income tax expense Net income Less: Net income attributable to noncontrolling interests Net income attributable to A&F Fiscal 2019 Fiscal 2018 Fiscal 2017 3,623,073 $ 3,590,109 $ $ 3,492,690 1,472,155 1,430,193 1,408,848 2,150,918 2,159,9162,083,842 1,551,243 1,536,216 1,540,032 464,615 484,863 471,914 47,257 5,806 2,393 19,135 11,580 14,391 (1,400) (5,915) (16,938) 70,068 127,366 72,050 7,737 10.999 16,889 62,331 116,367 55,161 17,371 37,559 44,636 44,960 78,808 10,525 5,602 4,267 3,431 $39,358 $ 74,541 $7,094 Net income per share attributable to A&F Basic 0.10 Diluted 0.61 1.11 $ 0.60 $ 1.08 $ 0.10 Weighted-average shares outstanding Basic Diluted 64,428 65,778 67,350 69,137 68,391 69,403 (14,932) Other comprehensive (loss) income Foreign currency translation, net of tax Derivative financial instruments, net of tax Other comprehensive (loss) income Comprehensive income Less: Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to A&F (5,080) $ (19,940) $ 41,180 (1,354) 12,542 (6,434) (7,398) 26,248 38,526 71,410 36,773 5,602 4,267 3,431 32,924 $ 67,143 $ 33,342 RATIO ASSIGNMENT DUE FRIDAY, DECEMBER 10TH 1 114 Points. 1 point per acount) 3 3 Dividends for Abercrombie & Fitch $ 0.80 From the Financial Statements for Abercrombie & Fitch, Identify the following items and Input amounts into the shaded cells. IfA & F does not have an account requested put 0 (zero). Balance Sheet February 1, 2020 amounts only) February 1, 2020 and February 2, 2019 Income Statement (Fiscal 2019 only) Cash 2020 2019 Sales Accounts Receivable Inventary Cost of cands Sold Marketable Securities Total Stockholders' Equity Interest Expense Total Current Assets Income Tax Lxpense Tatrrent Liabilities Net Incarre Tatal abilities Basic Earnings per share LO 1 -2 -3 -4 5 -6 -7 -9 9 2 Compute the following ratios (plean input into shaded cell) Display answer to two decimal places. (11 points, as indicated) Liquidity Current Ratio Acid Test 11 point 11 point Asset Management Awerage Inventory Sale period 12 points 21 -2 23 -4 5 CG -7 -R Debt Management Debt to Equity Times Interes. Earned 11 point 12 points Profitability Return on Equity Net Prolt Margin 12 points 11 point! 0 1 2 =3 Market Performance Dividend Payout 11 pointi 5