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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Feb. 03, 2024
Accounting Policies [Abstract]  
Cash, Cash Equivalents and Investments
A summary of cash and equivalents on the Consolidated Balance Sheets follows:
(in thousands)February 3, 2024January 28, 2023
Cash (1)
$524,735 $467,238 
Cash equivalents: (2)
Time deposits26,975 — 
Money market funds349,174 50,364 
Cash and equivalents$900,884 $517,602 
(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)LocationFebruary 3, 2024January 28, 2023January 29, 2022
Cash and equivalentsCash and equivalents$900,884 $517,602 $823,139 
Long-term restricted cash and equivalents (1)
Other assets8,801 9,967 11,229 
Cash and equivalents and restricted cash and equivalents$909,685 $527,569 $834,368 
Schedule of Stock by Class
A summary of the Company’s Class A Common Stock, $0.01 par value, and Class B Common Stock, $0.01 par value, follows:
(in thousands)February 3, 2024January 28, 2023
Class A Common Stock
Shares authorized150,000 150,000 
Shares issued103,300 103,300 
Shares outstanding50,500 49,002 
Class B Common Stock (1)
Shares authorized106,400 106,400 
(1)    No shares were issued or outstanding as of each of February 3, 2024 and January 28, 2023.
Shipping & Handling Costs
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 2023Fiscal 2022Fiscal 2021
Shipping and handling costs$362,545$356,280$306,220
Other operating income, net A summary of foreign-currency-denominated transaction gains (losses), including those related to derivative instruments, follows:
(in thousands)Fiscal 2023Fiscal 2022Fiscal 2021
Foreign-currency-denominated transaction gains (losses)$1,936 $(1,626)$4,232 
Advertising Cost
A summary of advertising costs follows:
(in thousands)Fiscal 2023Fiscal 2022Fiscal 2021
Advertising costs$217,276 $189,347 $204,575 
Schedule of Weighted Average Number of Shares Additional information pertaining to net income per share attributable to A&F follows:
(in thousands)Fiscal 2023Fiscal 2022Fiscal 2021
Shares of Common Stock issued103,300 103,300 103,300 
Weighted-average treasury shares(53,050)(52,993)(43,703)
Weighted-average — basic shares50,250 50,307 59,597 
Dilutive effect of share-based compensation awards
2,476 2,020 3,039 
Weighted-average — diluted shares52,726 52,327 62,636 
Anti-dilutive shares (1)
541 2,233 1,002