SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 30, 2021

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)	January 30, 2021		February 1, 2020
Cash (1)	$	796,994	$	612,595
Cash equivalents: (2)
Time deposits	11,589		58,447
Money market funds	296,279		225
Cash and equivalents	$	1,104,862	$	671,267

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

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

Schedule of Cash Flow, Supplemental Disclosures

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	January 30, 2021		February 1, 2020		February 2, 2019
Cash and equivalents	Cash and equivalents	$	1,104,862	$	671,267	$	723,135
Long-term restricted cash and equivalents	Other assets	14,814		18,696		22,694
Short-term restricted cash and equivalents	Other current assets	4,481		2,301		—
Restricted cash and equivalents (1)		$	19,295	$	20,997	$	22,694
Cash and equivalents and restricted cash and equivalents		$	1,124,157	$	692,264	$	745,829

Foreign Currency Transaction Gains (Losses) in Other Operating Income

A summary of foreign-currency-denominated transactions, including those related to derivative instruments, follows:

(in thousands)	Fiscal 2020		Fiscal 2019		Fiscal 2018
Foreign-currency-denominated transaction gains	$	3,933	$	348	$	5,267

Interest Income and Interest Expense Disclosure [Table Text Block]

A summary of interest expense, net follows:

(in thousands)	Fiscal 2020		Fiscal 2019		Fiscal 2018
Interest expense (1)	$	31,726	$	19,908	$	22,788
Interest income	(3,452)		(12,171)		(11,789)
Interest expense, net	$	28,274	$	7,737	$	10,999

Advertising Cost

A summary of advertising costs follows:

(in thousands)	Fiscal 2020		Fiscal 2019		Fiscal 2018
Advertising costs	$	118,537	$	134,058	$	136,553

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)	January 30, 2021	February 1, 2020
Class A Common Stock
Shares authorized	150,000	150,000
Shares issued	103,300	103,300
Shares outstanding	62,399	62,786
Class B Common Stock (1)
Shares authorized	106,400	106,400

(1)    No shares were issued or outstanding as of each of January 30, 2021 and February 1, 2020.

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 2020		Fiscal 2019		Fiscal 2018
Shipping and handling costs	$	291,534	$	224,604	$	201,614

Schedule of Weighted Average Number of Shares

Additional information pertaining to net (loss) income per share attributable to A&F follows:

(in thousands)	Fiscal 2020	Fiscal 2019	Fiscal 2018
Shares of Common Stock issued	103,300	103,300	103,300
Weighted-average treasury shares	(40,749)	(38,872)	(35,950)
Weighted-average — basic shares	62,551	64,428	67,350
Dilutive effect of share-based compensation awards	—	1,350	1,787
Weighted-average — diluted shares	62,551	65,778	69,137
Anti-dilutive shares (1)	3,270	1,462	1,838