Reconciling Common Stock and Treasury Stock Balances

Assume this is the stockholders' equity section from the Abercrombie & Fitch balance sheet.

Shareholders' Equity

$($thousands$,$ except par value amounts$)$ January $29,2011$ January $30,2010$

Class A common stock$-$$$0\mathrm{.}01$ par value: $150,000$ shares authorized and $103,300$ shares issues at January $29,2011,$ and January $30,2010,$ respectively $$350,291$ $$340,486$

Retained earnings $2,272,3172,183,690$

Accumulated other comprehensive loss,net of tax $(6,516)(8,973)$

Treasury stock at average cost: $16,054$ and $15,314$ shares at January $29,2011$ andJanuary $30,2010,$ respectively $(725,308)(687,286)$

Total shareholders' equity $ $1,890,784$ $ $1,827,917$

$($a$)$ How many shares are issued at January $29,2011?$

Answer

thousand

$($b$)$ How many shares are outstanding at $2011$ fiscal year end?

Answer

thousand shares outstanding

$($c$)$ Determine the average price at which Abercrombie & Fitch issued its common stock. $($Round your answer to two decimal places.$)$

$Answer

$($d$)$ Use the treasury stock account to determine the average price Abercrombie & Fitch paid when it repurchased its common shares. $($Round your answer to two decimal places.$)$

$Answer