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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Document Period End Date May 02, 2020  
Net sales $ 485,359 $ 733,972
Cost of sales, exclusive of depreciation and amortization 221,214 289,882
Gross profit 264,145 444,090
Stores and distribution expense 322,124 356,612
Marketing, general and administrative expense 108,257 111,947
Flagship store exit charges (543) 1,744
Asset impairment, exclusive of flagship store exit charges 42,928 1,662
Other operating loss (income), net 506 (617)
Operating income (loss) (209,127) (27,258)
Interest expense, net 3,371 616
Loss before income taxes (212,498) (27,874)
Income tax expense (benefit) 31,533 (9,588)
Net loss (244,031) (18,286)
Less: Net income attributable to noncontrolling interests 117 869
Net loss attributable to A&F $ (244,148) $ (19,155)
Net loss per share attributable to A&F    
Basic $ (3.90) $ (0.29)
Diluted $ (3.90) $ (0.29)
Weighted-average shares outstanding    
Basic 62,541 66,540
Diluted 62,541 66,540
Other comprehensive income (loss)    
Foreign currency translation, net of tax $ (5,399) $ (2,786)
Derivative financial instruments, net of tax 8,865 (53)
Other comprehensive loss 3,466 (2,839)
Comprehensive loss (240,565) (21,125)
Less: Comprehensive income attributable to noncontrolling interests 117 869
Comprehensive loss attributable to A&F $ (240,682) $ (21,994)