XML 61 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
May 02, 2015
May 03, 2014
OPERATING ACTIVITIES:    
Net loss $ (63,246)us-gaap_ProfitLoss $ (23,671)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation and amortization 53,291us-gaap_DepreciationAndAmortization 58,897us-gaap_DepreciationAndAmortization
Asset impairment 6,133us-gaap_RestructuringCostsAndAssetImpairmentCharges 0us-gaap_RestructuringCostsAndAssetImpairmentCharges
Loss on disposal 1,716us-gaap_GainLossOnSaleOfPropertyPlantEquipment 1,360us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Amortization of deferred lease credits (7,694)anf_AmortizedDeferredLeaseCredits (12,005)anf_AmortizedDeferredLeaseCredits
Benefit from deferred income taxes (31,285)anf_CurrentDeferredIncomeTaxExpenseBenefit (17,189)anf_CurrentDeferredIncomeTaxExpenseBenefit
Share-based compensation 6,855us-gaap_ShareBasedCompensation 5,288us-gaap_ShareBasedCompensation
Changes in Assets and Liabilities:    
Inventories 19,855us-gaap_IncreaseDecreaseInInventories 45,461us-gaap_IncreaseDecreaseInInventories
Accounts payable and accrued expenses (32,909)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (45,834)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Lessor construction allowances 370anf_LessorConstructionAllowances 588anf_LessorConstructionAllowances
Income taxes (29,495)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (47,555)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other assets (7,977)us-gaap_IncreaseDecreaseInOtherOperatingAssets 6,870us-gaap_IncreaseDecreaseInOtherOperatingAssets
Other liabilities (9,397)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (12,350)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
NET CASH USED FOR OPERATING ACTIVITIES (93,783)us-gaap_NetCashProvidedByUsedInOperatingActivities (40,140)us-gaap_NetCashProvidedByUsedInOperatingActivities
INVESTING ACTIVITIES:    
Purchases of property and equipment (29,917)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (37,829)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
NET CASH USED FOR INVESTING ACTIVITIES (29,917)us-gaap_NetCashProvidedByUsedInInvestingActivities (37,829)us-gaap_NetCashProvidedByUsedInInvestingActivities
FINANCING ACTIVITIES:    
Purchase of treasury stock 0us-gaap_PaymentsForRepurchaseOfCommonStock (150,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Repayments of borrowings (750)us-gaap_RepaymentsOfLinesOfCredit (3,750)us-gaap_RepaymentsOfLinesOfCredit
Other financing activities 12us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (3,273)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Dividends paid (13,871)us-gaap_PaymentsOfDividendsCommonStock (14,665)us-gaap_PaymentsOfDividendsCommonStock
NET CASH USED FOR FINANCING ACTIVITIES (14,609)us-gaap_NetCashProvidedByUsedInFinancingActivities (171,688)us-gaap_NetCashProvidedByUsedInFinancingActivities
EFFECT OF EXCHANGE RATES ON CASH 821us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 6,663us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
NET DECREASE IN CASH AND EQUIVALENTS: (137,488)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (242,994)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Equivalents, Beginning of Period 520,708us-gaap_CashAndCashEquivalentsAtCarryingValue 600,116us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND EQUIVALENTS, END OF PERIOD 383,220us-gaap_CashAndCashEquivalentsAtCarryingValue 357,122us-gaap_CashAndCashEquivalentsAtCarryingValue
SIGNIFICANT NON-CASH INVESTING ACTIVITIES:    
Change in accrual for construction in progress 8,856us-gaap_IncreaseDecreaseInConstructionPayables (3,789)us-gaap_IncreaseDecreaseInConstructionPayables
SUPPLEMENTAL INFORMATION:    
Cash paid for interest 3,832us-gaap_InterestPaid 1,055us-gaap_InterestPaid
Cash paid for income taxes, net of refunds $ 34,952us-gaap_IncomeTaxesPaidNet $ 57,059us-gaap_IncomeTaxesPaidNet