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Financial information for American Eagle is presented in Appendix A. Required: 1. What is the largest asset reported by American Eagle in the most recent
Financial information for American Eagle is presented in Appendix A. Required: 1. What is the largest asset reported by American Eagle in the most recent year? 2. What is the largest liability reported by American Eagle in the most recent year? 3. What is American Eagle's sale growth percentage in the most recent year? Note: Round your "Sales Growth" answer to 1 decimal place. 4. What is American Eagle's largest expense item in the most recent year? 5. What are American Eagle's operating cash flows in the most recent year? Note: Enter your answer in thousands. 6. How much cash did American Eagle pay for capital expenditures in property and equipment? Note: Enter your answer in thousands. AMFRIC.AN FAGI F OI ITFITTFRS INC. AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Operations \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} (in thousands, excopt per share amounts) \\ Total net revenue \end{tabular}} & \multicolumn{6}{|c|}{ For the Years Ended } \\ \hline & \multicolumn{2}{|c|}{\begin{tabular}{c} February 1 , \\ 2020 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{l} February 2, \\ 2019 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} February 3 \\ 2018 \end{tabular}} \\ \hline & $ & 4,308,212 & $ & 4,035,720 & $ & 3,795,549 \\ \hline Cost of sales, including certain buying, occupancy and warehousing & & & & & & \\ \hline expenses & & 2,785,911 & & 2,548,082 & & 2,425,044 \\ \hline Gross profit & & 1,522,301 & & 1,487,638 & & 1,370,505 \\ \hline Selling, general and administrative expenses & & 1,029,412 & & 980,610 & & 879,685 \\ \hline Impairment and restructuring charges & & 80,494 & & 1,568 & & 20,611 \\ \hline Depreciation and amortization expense & & 179,050 & & 168,331 & & 167,421 \\ \hline Operating income & & 233,345 & & 337,129 & & 302,788 \\ \hline Other income (expense), net & & 11,933 & & 7,971 & & (15,615) \\ \hline Income before income taxes & & 245,278 & & 345,100 & & 287,173 \\ \hline Provision for income taxes & & 54,021 & & 83,198 & & 83,010 \\ \hline Net income & $ & 191,257 & $ & 261,902 & $ & 204,163 \\ \hline Basic net income per common share & $ & 1.13 & $ & 1.48 & $ & 1.15 \\ \hline Diluted net income per common share & $ & 1.12 & $ & 1.47 & $ & 1.13 \\ \hline Weighted average common shares outstanding - basic & & 169,711 & & 176,476 & & 177,938 \\ \hline Weighted average common shares outstanding - diluted & & 170,867 & & 178,035 & & 180,156 \\ \hline \end{tabular} Refer to Notes to Consolidated Financial Statements Refer to Notes to Consolidated Financial Statements
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