AMERICAN EAGLE OUTFITTERS, INC. CONSOLIDATED BALANCE SHEETS February 1 2014 January 31 2015 e thowsands, excet per share amounts Assets Current assets Cash and cash equivalents S 410,697 S 418,933 10,002 291,541 73,882 88,155 45,478 927.991 632,986 49,271 3,530 24,835 45,551 $1,694.164 Short-term investments Merchandise inventory 278,972 67,894 73,848 59,102 890,513 694,856 47,206 13,096 14,035 37.202 $1,696,908 Accounts receivable Prepaid expenses and other Deferred income taxes Total current assets Property and equipment, at cost, net of accumulated depreciation Intangible assets, at cost, net of accumulated amortization Goodwi Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: S 203,872 23,560 76,397 5,778 Accounts payable Accrued compensation and payroll taxes Accrued rent Accrued income and other taxes Unredeemed gift cards and gift certificates Current portion of deferred lease credits Other liabilities and accrued expenses S 191,146 78,567 12,969 50.529 459,093 13,293 45.384 Total current liabilities Non-current liabilities: 415.478 Deferred lease credits Non-current accrued income taxes Other non-current liabilities 54,516 10,456 33,097 98,069 59,510 36,455 12,508 Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 194,516 and 93,149 shares outstanding, respectively Contributed capital Accumulated other comprehensive income Retained earnings Treasury stock, 55,050 and 56,417 shares, respectively, at cost 2.496 569,675 (9,944) 1,543,085 965.566) 1.139,746 1,696,908 2.496 573,008 2,157 1,569,851 91.334) 1.166.178 1,694.164 Total stockholders' equity Total liabilities and stockholders' equity Problem IV: American Eagle Outfitters, Inc., 2015 Annual Report is in Appendix A of your textbook. Their 2015 annual report covers their fiscal year of 2/2/14 1/31/2015. Using this annual report, answer the following questions: A. Using their Consolidated Balance Sheets (page A-4 in your textbook), how many shares of common stock were authorized, issued, and outstanding at 1/31/2015? What is the par value of its stock? Authorized- Issued Outstanding Par value per share B. Why was the number of shares issued and outstanding different? What is the amount of this difference (in terms of shares)? AMERICAN EAGLE OUTFITTERS, INC. CONSOLIDATED BALANCE SHEETS February 1 2014 January 31 2015 e thowsands, excet per share amounts Assets Current assets Cash and cash equivalents S 410,697 S 418,933 10,002 291,541 73,882 88,155 45,478 927.991 632,986 49,271 3,530 24,835 45,551 $1,694.164 Short-term investments Merchandise inventory 278,972 67,894 73,848 59,102 890,513 694,856 47,206 13,096 14,035 37.202 $1,696,908 Accounts receivable Prepaid expenses and other Deferred income taxes Total current assets Property and equipment, at cost, net of accumulated depreciation Intangible assets, at cost, net of accumulated amortization Goodwi Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: S 203,872 23,560 76,397 5,778 Accounts payable Accrued compensation and payroll taxes Accrued rent Accrued income and other taxes Unredeemed gift cards and gift certificates Current portion of deferred lease credits Other liabilities and accrued expenses S 191,146 78,567 12,969 50.529 459,093 13,293 45.384 Total current liabilities Non-current liabilities: 415.478 Deferred lease credits Non-current accrued income taxes Other non-current liabilities 54,516 10,456 33,097 98,069 59,510 36,455 12,508 Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 194,516 and 93,149 shares outstanding, respectively Contributed capital Accumulated other comprehensive income Retained earnings Treasury stock, 55,050 and 56,417 shares, respectively, at cost 2.496 569,675 (9,944) 1,543,085 965.566) 1.139,746 1,696,908 2.496 573,008 2,157 1,569,851 91.334) 1.166.178 1,694.164 Total stockholders' equity Total liabilities and stockholders' equity Problem IV: American Eagle Outfitters, Inc., 2015 Annual Report is in Appendix A of your textbook. Their 2015 annual report covers their fiscal year of 2/2/14 1/31/2015. Using this annual report, answer the following questions: A. Using their Consolidated Balance Sheets (page A-4 in your textbook), how many shares of common stock were authorized, issued, and outstanding at 1/31/2015? What is the par value of its stock? Authorized- Issued Outstanding Par value per share B. Why was the number of shares issued and outstanding different? What is the amount of this difference (in terms of shares)