SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Feb. 01, 2020

Accounting Policies [Abstract]

Cash, Cash Equivalents and Investments [Table Text Block]

A summary of cash and equivalents on the Consolidated Balance Sheets follows:

(in thousands)	February 1, 2020		February 2, 2019
Cash (1)	$	612,595	$	633,137
Cash equivalents: (2)
Time deposits	58,447		34,440
Money market funds	225		55,558
Cash and equivalents	$	671,267	$	723,135

⁽¹⁾  Primarily consists of amounts on deposit with financial institutions.

⁽²⁾  Investments with original maturities of less than three months.

Restrictions on Cash and Cash Equivalents [Table Text Block]

A summary of restricted cash and equivalents on the Consolidated Balance Sheets follows:

(in thousands)	February 1, 2020		February 2, 2019
Restricted cash (1)	$	6,631	$	7,196
Restricted cash equivalents: (2)
Money market funds	6,564		6,550
Time deposits	4,601		4,588
U.S. treasury bills	3,201		4,360
Restricted cash and equivalents (3)	$	20,997	$	22,694

⁽¹⁾  Primarily consists of amounts on deposit with international banks that are used as collateral for customary non-debt banking commitments and deposits into trust accounts to conform to standard insurance security requirements.

⁽²⁾  Investments with original maturities of less than three months including time deposits, U.S. treasury bills and money market funds.

⁽³⁾  Includes short-term and long-term restricted cash and equivalents of $2.3 million and $18.7 million as of February 1, 2020, respectively, and long-term restricted cash and equivalents of $22.7 million as of February 2, 2019.

Consolidated Statements of Cash Flows reconciliation

The following table provides a reconciliation of cash and equivalents and restricted cash and equivalents to the amounts shown on the Consolidated Statements of Cash Flows:

(in thousands)	Location	February 1, 2020		February 2, 2019		February 3, 2018
Cash and equivalents	Cash and equivalents	$	671,267	$	723,135	$	675,558
Long-term restricted cash and equivalents	Other assets	18,696		22,694		22,397
Short-term restricted cash and equivalents	Other current assets	2,301		—		—
Cash and equivalents and restricted cash and equivalents		$	692,264	$	745,829	$	697,955

Interest Income and Interest Expense Disclosure [Table Text Block]

A summary of interest expense, net follows:

(in thousands)	Fiscal 2019			Fiscal 2018			Fiscal 2017
Interest expense (1)	$	19,908		$	22,788		$	22,973
Interest income	(12,171		)	(11,789		)	(6,084		)
Interest expense, net	$	7,737		$	10,999		$	16,889

Schedule of Stock by Class [Table Text Block]

A summary of the Company’s Class A Common Stock (the “Common Stock”), $0.01 par value, and Class B Common Stock, $0.01 par value, follows:

(in thousands)	February 1, 2020	February 2, 2019
Class A Common Stock
Shares authorized	150,000	150,000
Shares issued	103,300	103,300
Shares outstanding	62,786	66,227
Class B Common Stock (1)
Shares authorized	106,400	106,400

⁽¹⁾ 

No shares were issued or outstanding as of each of February 1, 2020 and February 2, 2019.

Shipping & Handling Costs [Table Text Block]

A summary of shipping and handling costs, which includes costs incurred to store, move and prepare product for shipment and costs incurred to physically move product to our customers across channels, follows:

(in thousands)	Fiscal 2019		Fiscal 2018		Fiscal 2017
Shipping and handling costs	$	224,604	$	201,614	$	189,349

Schedule of Weighted Average Number of Shares

Additional information pertaining to net income per share attributable to A&F is as follows:

(in thousands)	Fiscal 2019		Fiscal 2018		Fiscal 2017
Shares of Common Stock issued	103,300		103,300		103,300
Weighted-average treasury shares	(38,872	)	(35,950	)	(34,909	)
Weighted-average — basic shares	64,428		67,350		68,391
Dilutive effect of share-based compensation awards	1,350		1,787		1,012
Weighted-average — diluted shares	65,778		69,137		69,403
Anti-dilutive shares (1)	1,462		1,838		5,379

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