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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 30, 2021
Feb. 01, 2020
Current assets:    
Cash and equivalents $ 1,104,862 $ 671,267
Receivables 83,857 80,251
Inventories [1] 404,053 434,326
Other current assets 68,857 78,905
Total current assets 1,661,629 1,264,749
Property and equipment, net 550,587 665,290
Operating Lease, Right-of-Use Asset 893,989 1,230,954
Other assets 208,697 388,672
Total assets 3,314,902 3,549,665
Current liabilities:    
Accounts payable 289,396 219,919
Accrued expenses 396,365 302,214
Operating Lease, Liability, Current 248,846 282,829
Income taxes payable 24,792 10,392
Total current liabilities 959,399 815,354
Operating Lease, Liability, Noncurrent 957,588 1,252,634
Long-term liabilities:    
Long-term portion of borrowings, net 343,910 231,963
Other liabilities 104,693 178,536
Total long-term liabilities 1,406,191 1,663,133
Stockholders’ equity    
Class A Common Stock - $0.01 par value: 150,000 shares authorized and 103,300 shares issued for all periods presented 1,033 1,033
Paid-in capital 401,283 404,983
Retained earnings 2,149,470 2,313,745
Accumulated other comprehensive loss, net of tax (“AOCL”) (102,307) (108,886)
Treasury stock, at average cost: 40,901 and 40,514 shares at January 30, 2021 and February 1, 2020, respectively (1,512,851) (1,552,065)
Total Abercrombie & Fitch Co. stockholders’ equity 936,628 1,058,810
Noncontrolling interests 12,684 12,368
Total stockholders’ equity 949,312 1,071,178
Total liabilities and stockholders’ equity $ 3,314,902 $ 3,549,665
[1] Includes $106.0 million and $92.3 million of inventory in transit, merchandise owned by the Company that has not yet been received at a Company distribution center, as of January 30, 2021 and February 1, 2020, respectively.