American Eagle Outfitters, Inc.

(NYS: AEO)
Exchange rate used is that of the Year End reported date
38515.5
As Reported Annual Balance Sheet
Report Date
Currency
Audit Status
Consolidated
Scale
Cash & money market investments
Cash
Money-market
Commercial paper
Treasury bills
Corporate bonds
Taxable investments
Cash & cash equivalents
Cash & cash equivalents
Tax exempt investments
Taxable investments
Short-term investments
Merchandise inventory
Accounts receivable - franchise receivable
Accounts receivable - marketing cost reimbursements
Accounts receivable - gift card receivable
Accounts receivable - landlord construction allowances
Accounts receivable - insurance claims receivable
Accounts receivable - merchandise sell-offs
Accounts receivable - taxes
Accounts receivable - other
Accounts receivable
Accounts & note receivable - fabric
Accounts & note receivable - related party
Accounts & note receivable - construction allowances
Accounts & note receivable - merchandise sell-offs
Accounts & note receivable - foreign govern taxes
Accounts & note receivable - taxes
Accounts & note receivable - distribution services
Accounts & note receivable - sale of Bluenotes
Interest income receivable
Accounts & note receivable - marketing cost reimbursements
Accounts & note receivable - credit card receivable
Accounts & note receivable - merchandise vendor receivables
Accounts & note receivable - gift card receivable
Accounts & note receivable - franchise receivable
Property insurance claims
Other accounts & note receivable
Notes receivable

01/28/2012
01/29/2011
USD
USD
Not Qualified Not Qualified
Yes
Thousands
548,728
131,785
29,998
9,034
719,545
25,499
378,426
20,108
4,182
4,113
3,672
2,071
1,955
1,076
3,133
40,310
-

Yes
Thousands
122,578
397,440
40,884
102,996
3,695
667,593
67,102
301,208
5,183
3,553
3,567
11,739
4,374
4,539
3,766
36,721
-

Accounts receivable - other

Accounts & notes receivable
Prepaid expenses & other current assets
Deferred income taxes
Assets held-for-sale
Total current assets
Land
Buildings
Leasehold improvements
Fixtures & equipment
Constuction in progress
Property & equipment, at cost
Less: accumulated depreciation
Less: accumulated depreciation & amortization
Property & equipment, at cost, net of accumulated depreciation
Intangible assets, at cost, net of accumulated amortization
Goodwill
Long-term investments
Non-current deferred income taxes
Other assets
Total assets
Accounts payable
Note payable
Accrued compensation & payroll taxes
Accrued rent
Accrued income & other taxes
Unredeemed gift cards & gift certificates
Current portion of note payable
Current portion of deferred lease credits
Other liabilities & accrued expenses
Total current liabilities
Notes payable
Deferred lease credits
Non-current accrued income taxes
Other non-current liabilities
Total non-current liabilities
Common stock
Contributed capital
Net unrealized gain (loss) on available-for-sale securities, net
Foreign currency translation adjustment
Accumulated other comprehensive income (loss)
Retained earnings
Deferred compensation expense
Treasury stock
Total stockholders' equity (deficiency)
As Reported Annual Income Statement
Report Date
Currency
Audit Status
Consolidated

74,947
48,761
1,287,488
6,364
153,538
638,496
656,337
3,787
1,458,522
876,360
582,162
39,832
11,469
13,467
16,384
1,950,802
183,783
42,625
76,921
20,135
44,970
15,066
21,901
405,401
71,880
35,471
21,199
128,550
2,496
552,797
28,659
28,659
1,771,464
938,565
1,416,851

53,727
48,059
1,174,410
6,364
152,984
624,479
647,346
1,629
1,432,802
789,682
643,120
11,472
5,915
19,616
25,465
1,879,998
167,723
34,954
70,390
32,468
41,001
16,203
25,098
387,837
78,606
38,671
23,813
141,090
2,496
546,597
28,072
28,072
1,711,929
938,023
1,351,071

01/28/2012
01/29/2011
USD
USD
Not Qualified Not Qualified
Yes

Yes

Scale
Thousands
Net sales
3,159,818
Cost of sales, including certain buying, occupancy & warehousing expenses2,031,477
Gross profit
1,128,341
Selling, general & administrative expenses
735,828
Loss on impairment of assets
20,730
Depreciation & amortization expense
140,647
Goodwill impairment loss
Operating income (loss)
231,136
Realized gain (loss) on sale of investment securities
Other income (expense), net
5,874
Total other-than-temporary impairment losses
Portion of loss recognized in other comprehensive income, before tax
Net impairment loss recognized in earnings
Income (loss) before income taxes - United States
218,153
Income (loss) before income taxes - foreign
18,857
Income (loss) before income taxes
237,010
Current income taxes provision (benefit) - federal
63,631
Current income taxes provision (benefit) - foreign taxes
6,621
Current income taxes provision (benefit) - state
10,841
Total current income taxes provision (benefit)
81,093
Deferred income taxes provision (benefit) - federal
7,158
Deferred income taxes provision (benefit) - foreign taxes
(1,120)
Deferred income taxes provision (benefit) - state
(1,826)
Total deferred income taxes provision (benefit)
4,212
Provision (benefit) for income taxes
85,305
Income from continuing operations
151,705
Income (loss) from discontinued operations, net of tax
Net income (loss)
151,705
Weighted average shares outstanding - basic
194,445
Weighted average shares outstanding - diluted
196,314
Year end shares outstanding
193,848
Income (loss) per share from continuing operations - basic
0.78
Income (loss) per share from discontinued operations - basic
Net income (loss) per share - basic
0.78
Income (loss) per share from continuing operations - diluted
0.77
Income (loss) per share from discontinued operations - diluted
Net income (loss) per share - diluted
0.77
Cash dividends per common share
0.44
Number of full time employees
6,500
Number of part time employees
33,100
Total number of employees
39,600
Number of common stockholders
590
Number of beneficiary stockholders
45,000
As Reported Annual Retained Earnings
Report Date
Currency
Audit Status
Consolidated
Scale

Thousands
2,967,559
1,796,600
1,170,959
713,197
140,501
317,261
(24,426)
3,497
5,089
(3,841)
1,248
258,408
36,676
295,084
89,110
13,429
9,610
112,149
(310)
(991)
2,302
1,001
113,150
181,934
(41,287)
140,647
199,979
201,818
194,366
0.91
(0.21)
0.7
0.9
(0.2)
0.7
0.93
6,900
33,000
39,900
628
50,000

01/28/2012
01/29/2011
USD
USD
Not Qualified Not Qualified
Yes
Thousands

Yes
Thousands

Previous retained earnings (accumulated deficit)

Adoption of FIN 48
Previous retained earnings (accumulated deficit), adjusted
Stock awards
Reissuance of treasury stock
Cash dividends & dividend equivalents
Retained earnings (accumulated deficit)
As Reported Annual Cash Flow
Report Date
Currency
Audit Status
Consolidated
Scale
Net income (loss)
Loss (income) from discontinued operations, net of tax
Income from continuing operations
Depreciation & amortization
Goodwill impairment loss
Share-based compensation
Provision (benefit) for deferred income taxes
Tax benefit from share-based payments
Excess tax benefit from share-based payments
Foreign currency transaction loss (gain)
Loss on impairment of assets
Other-than-temporary impairment charge
Net impairment loss recognized in earnings
Realized investment losses
Proceeds from sale of trading securities
Other adjustments
Merchandise inventory
Account & note receivable, including related party
Accounts receivable
Prepaid expenses & other current assets
Other assets
Accounts payable
Unredeemed stored value cards & gift certificates
Unredeemed gift cards & gift certificates
Deferred lease credits
Accrued compensation & payroll taxes
Accrued income & other taxes
Accrued liabilities
Total adjustments
Net cash flows from operating activities
Capital expenditures for property & equipment
Proceeds from sale of assets
Acquisition of intangible assets
Purchase of available-for-sale securities
Sale of available-for-sale securities
Other investing activities
Net cash flows from investing activities

1,711,929
4,261
87,909
1,771,464

1,764,049
7,791
184,976
1,711,929

01/28/2012
01/29/2011
USD
USD
Not Qualified Not Qualified
Yes
Thousands
151,705
151,705
143,156
12,341
4,207
356
(373)
(325)
20,730
(77,311)
(3,589)
(21,261)
2,444
17,934
3,979
(7,837)
7,677
(15,515)
938
87,551
239,256
(100,135)
(34,187)
(193,851)
240,797
(87,376)

Yes
Thousands
140,647
41,287
181,934
145,548
25,457
11,885
15,648
(12,499)
117
1,248
24,426
18,713
(3,790)
(9,045)
(1,380)
5,232
1,713
(7,451)
(19,618)
11,999
12,457
220,660
402,594
(84,259)
(62,797)
177,472
(2,801)
27,615

Payments on note payable & line of credit

Payments on note payable & capital leases
Payments on capital leases
(3,256)
Proceeds from issuance of note payable
Repayment of note payable
Retirement of note payable & termination of swap agreement
Repurchase of common stock as part of publicly announced programs
(15,160)
Repurchase of common stock from employees
(2,189)
Cash paid for fractional shares in connection with three-for-two stock split
Proceeds from borrowings from line of credit
Repurchase of common stock
Net proceeds from stock options exercised
5,098
Excess tax benefit from share-based payments
373
Cash used to net settle equity awards
Cash dividends paid
(85,592)
Net cash flows from financing activities
(100,726)
Effect of exchange rates on cash
798
Cash flows of discountinued operations - operating activities
Cash flows of discountinued operations - investing activities
Cash flows of discountinued operations - effect of exchange rates on cash
Net cash flows from discontinued operations
Net increase (decrease) in cash & cash equivalents
51,952
Cash & cash equivalents - beginning of period
667,593
Cash & cash equivalents - end of period
719,545
Cash paid during the period for income taxes
99,756
Cash paid during the period for interest
-

(2,590)
(30,000)
(216,070)
(18,041)
7,272
12,499
(6,434)
(183,166)
(436,530)
1,394
(21,434)
(6)
(21,440)
(26,367)
693,960
667,593
45,737
191

Ratios

Profit Margin
Return on Equity
Gross Margin %
Asset Turnover
Accounts Receivable Turnover
Days Sales In A/R
Days Sales In Inventory
Accounts Payable Turnover
Number of Days to Pay For Inventory
Cash Conversion Cycle
Debt-to-assets
Current Ratio
Times Interest Earned
Amount of Free Cash Flow
Market Price Per Share
Price/Earnings Ratio
Market Capitalization

4.80%
0.11
35.71%
1.65
82.04
4.45
61.06
11.56
31.58
97.08
0.27
3.18
Interest expense not reported
$251,840
13.99 Source
17.94
$2,711,933,520

01/30/2010
01/31/2009
02/02/2008
02/03/2007
01/28/2006
01/29/2005
01/31/2004
USD
USD
USD
USD
USD
USD
USD
Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified
Yes
Thousands
144,391
404,161
25,420
119,988
693,960
4,675
326,454
11,132
8,063
217
2,556
7,832
375
1,413
1,419
1,739
-

Yes
Thousands
61,355
411,987
473,342
10,511
294,928
11,139
17,057
1,355
2,363
5,175
2,899
1,483
-

Yes
Thousands
45,422
70,639
116,061
503,878
286,485
12,284
11,101
18
4,803
69
3,645
-

Yes
Thousands
59,079
658
59,737
659,906
107,470
767,376
263,644
9,345
2,488
1,012
7,251
2,530
3,419
-

Yes
Thousands
69,641
60,888
130,529
517,199
103,790
620,989
210,739
8,212
6,904
1,860
1,618
2,982
4,081
3,489
-

Yes
Thousands
275,061
314,546
137,991
2,871
6,801
6,657
2,584
2,015
2,707
2,797
-

Yes
Thousands
251,324
86,488
120,586
4,257
4,219
3,879
3,358
2,319
1,040
3,748
-

34,746
47,039
60,156
1,167,030
6,364
151,484
645,794
590,610
554
1,394,806
681,664
713,142
11,210
197,773
27,305
21,688
2,138,148
158,526
30,000
55,144
68,866
20,585
39,389
17,388
19,057
408,955
89,591
38,618
22,467
150,676
2,486
554,399
(6,401)
23,239
16,838
1,764,049
759,255
1,578,517

41,471
59,660
45,447
925,359
6,364
122,414
605,299
536,009
28,543
1,298,629
558,389
740,240
10,706
251,007
15,001
21,363
1,963,676
152,068
75,000
29,417
64,695
6,259
42,299
13,726
18,299
401,763
88,314
39,898
24,670
152,882
2,485
513,574
(21,847)
7,458
(14,389)
1,694,161
786,800
1,409,031

31,920
35,486
47,004
1,020,834
6,869
106,632
528,188
427,827
21,794
1,091,310
465,742
625,568
11,479
165,810
24,238
19,751
1,867,680
157,928
49,494
62,161
22,803
54,554
12,953
16,285
376,178
70,355
44,837
35,846
151,038
2,481
493,395
35,485
1,601,784
792,681
1,340,464

26,045
33,720
47,732
1,198,254
6,869
34,093
434,881
289,828
92,019
857,690
376,045
481,645
9,950
251,644
45,991
1,987,484
171,150
58,371
57,543
87,780
54,554
12,803
18,263
460,464
65,114
44,594
109,708
2,461
453,418
21,714
1,302,345
362,626
1,417,312

29,146
30,110
46,976
12,183
1,080,672
4,284
30,682
391,820
239,139
1,098
667,023
321,505
345,518
9,950
145,774
23,735
1,605,649
139,197
58,186
52,506
43,273
43,045
10,406
15,010
361,623
60,087
28,387
88,474
1,608
370,615
22,028
978,855
1,041
216,513
1,155,552

26,432
25,856
47,754
827,640
4,655
36,301
358,408
218,050
2,318
619,732
266,519
353,213
10,136
84,416
18,254
1,293,659
76,344
36,008
45,089
33,926
32,724
9,798
19,376
253,265
57,758
19,150
76,908
1,517
268,286
13,748
726,760
1,807
45,018
963,486

22,820
27,589
16,816
525,623
2,355
20,957
251,504
188,716
463,532
184,843
278,689
10,136
24,357
26,266
865,071
71,330
14,409
30,985
28,669
25,785
4,832
13,025
189,035
13,874
18,492
32,366
735
156,774
3,718
528,522
1,061
45,018
643,670

01/30/2010
01/31/2009
02/02/2008
02/03/2007
01/28/2006
01/29/2005
01/31/2004
USD
USD
USD
USD
USD
USD
USD
Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified
Yes

Yes

Yes

Yes

Yes

Yes

Yes

Thousands
2,990,520
1,832,471
1,158,049
756,256
17,992
145,408
238,393
(5,062)
4,413
(3,473)
940
197,948
34,443
232,391
73,095
14,526
11,948
99,569
(38,810)
6,513
(3,903)
(36,200)
63,369
169,022
206,171
209,512
206,832
0.82
0.81
0.4
6,400
33,000
39,400
668
55,000

Thousands
2,988,866
1,814,765
1,174,101
740,742
131,219
302,140
17,790
22,889
244,629
52,412
297,041
69,592
16,341
7,578
93,511
21,927
(340)
2,882
24,469
117,980
179,061
205,169
207,582
205,281
0.87
0.86
0.4
6,500
31,000
37,500
717
60,000

Thousands
3,055,419
1,632,281
1,423,138
715,180
109,203
598,755
37,626
568,519
67,862
636,381
172,604
24,030
27,987
224,621
10,306
(2,077)
3,512
11,741
236,362
400,019
216,119
220,280
204,480
1.85
1.82
0.38
6,200
32,500
38,700
774
90,000

Thousands
2,794,409
1,453,980
1,340,429
665,606
88,033
586,790
42,277
561,178
67,889
629,067
235,666
33,614
269,280
(26,141)
2,694
(4,125)
(27,572)
241,708
387,359
387,359
222,662
228,384
221,284
1.74
1.74
1.7
1.7
0.28
5,500
22,100
27,600
808
70,000

Thousands
2,309,371
1,235,620
1,073,751
538,091
74,578
461,082
15,885
448,442
28,525
476,967
152,416
26,722
179,138
(3,387)
8,109
(604)
4,118
183,256
293,711
442
294,153
227,406
233,031
221,896.5
1.293
1.293
1.26
1.26
0.187
5,000
18,000
23,000
740
50,000

Thousands
1,881,241
1,003,433
877,808
446,829
68,273
362,706
4,129
339,328
27,507
366,835
130,988
24,338
155,326
(18,860)
9,572
(3,435)
(12,723)
142,603
224,232
(10,889)
213,343
217,725
225,366
224,232
1.033
(0.053)
0.98
0.993
(0.047)
0.947
0.04
4,500
16,100
20,600
715
60,000

Thousands
1,519,968
965,716
554,252
379,289
56,281
14,118
104,564
2,021
121,703
(15,118)
106,585
36,420
1,192
4,643
42,255
9,724
(5,700)
306
4,330
46,585
60,000
213,339
216,621
213,573
0.28
0.277
3,700
10,200
13,900
795
25,000

01/30/2010
01/31/2009
02/02/2008
02/03/2007
01/28/2006
01/29/2005
01/31/2004
USD
USD
USD
USD
USD
USD
USD
Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified
Yes
Thousands

Yes
Thousands

Yes
Thousands

Yes
Thousands

Yes
Thousands

Yes
Thousands

Yes
Thousands

1,694,161
15,228
83,906
1,764,049

1,601,784
420
4,710
82,394
1,694,161

1,302,345
(13,304)
1,289,041
6,480
80,796
1,601,784

978,855
2,348
61,521
1,302,345

726,760
42,058
978,855

522,258
8,841
726,760

468,522
528,522

01/30/2010
01/31/2009
02/02/2008
02/03/2007
01/28/2006
01/29/2005
01/31/2004
USD
USD
USD
USD
USD
USD
USD
Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified
Yes
Thousands
169,022
147,483
36,900
(36,027)
7,995
(2,812)
6,477
17,992
940
2,749
(27,994)
7,052
13,063
1,146
4,992
(3,430)
4,173
25,528
12,862
(1,649)
217,440
386,462
(127,419)
80,353
(2,003)
(49,069)

Yes
Thousands
179,061
133,141
20,296
24,469
1,121
(693)
(1,141)
6,713
22,889
(13,735)
(10,094)
(24,781)
390
(3,053)
(11,392)
18,887
(20,697)
(19,188)
123,132
302,193
(265,335)
(48,655)
393,559
(1,180)
78,389

Yes
Thousands
400,019
400,019
109,203
33,670
(8,147)
7,260
(6,156)
1,221
592
(19,074)
(5,660)
(1,334)
(3,242)
(15,559)
(699)
4,640
(31,416)
(1,048)
64,251
464,270
(250,407)
(1,772,653)
2,126,891
(1,170)
102,661

Yes
Thousands
387,359
387,359
88,033
36,556
(27,615)
25,465
(19,541)
183,968
(53,527)
2,778
(4,204)
32,345
11,623
7,791
78,237
361,909
749,268
(225,939)
12,345
(1,353,339)
915,952
(140)
(651,121)

Yes
Thousands
294,153
(442)
293,711
74,578
19,620
4,752
35,371
4,867
(39,137)
4,638
(3,642)
29,366
10,137
2,784
43,374
186,708
480,419
(81,545)
(1,187,556)
876,111
(74)
(393,064)

Yes
Thousands
213,343
10,889
224,232
68,273
25,166
(17,087)
28,800
2,796
(25,840)
3,878
1,918
4,466
7,373
3,359
41,349
144,451
368,683
(97,288)
(483,083)
309,203
(14)
(271,182)

Yes
Thousands
60,000
56,281
14,118
1,192
7,466
4,487
6,123
(7,997)
3,342
21,124
2,755
20,578
129,469
189,469
(64,173)
(154,373)
90,574
(1,513)
(129,485)

(2,015)
(45,000)
(247)
7,630
2,812
(82,985)
(119,805)
3,030
220,618
473,342
693,960
61,869
1,879

UNSURE

UNSURE
UNSURE

IFFY

(2,177)
75,000
(3,432)
3,799
693
(82,394)
(8,511)
(14,790)
357,281
116,061
473,342
132,234
1,947

(1,912)
(438,291)
(12,310)
13,183
6,156
(80,796)
(513,970)
3,363
56,324
59,737
116,061
260,615
-

(3,020)
2,025
(146,485)
(7,635)
(113)
28,447
19,541
(61,521)
(168,761)
(178)
(70,792)
130,529
59,737
204,179
19

(745)
(161,008)
(10,487)
48,198
(42,058)
(166,100)
4,680
(15,214)
436
(14,778)
(88,843)
219,372
130,529
133,461
-

(2,655)
(16,915)
57,533
(8,841)
29,122
1,903
9,448
137,974
137,087
275,061
121,138
1,188

(5,434)
(689)
1,139
(4,984)
1,798
56,798
194,526
251,324
25,496
1,510

02/01/2003
USD
Not Qualified
Yes
Thousands
194,526
47,047
124,708
1,266
5,247
1,670
681
377

4,357
13,598
32,153
15,846
427,878
2,355
20,144
217,102
164,175
403,776
136,297
267,479
23,614
22,368
741,339
50,608
13,001
28,476
12,655
22,837
4,225
9,784
141,586
16,356
5,915
22,271
733
154,840
(31)
468,522
2,253
44,329
577,482

02/01/2003
USD
Not Qualified
Yes

Thousands
1,463,141
920,643
542,498
350,752
50,661
141,085
2,528
143,613
48,521
(3,114)
6,679
52,086
5,786
(3,790)
796
2,792
54,878
88,735
215,127
218,349
213,141
0.413
0.407
3,500
8,300
11,800
227
25,000

02/01/2003
USD
Not Qualified
Yes
Thousands

379,787
468,522

02/01/2003
USD
Not Qualified
Yes
Thousands
88,735
50,661
853
2,792
2,543
(33,001)
4,751
(8,495)
12,752
5,213
(22,256)
15,813
104,548
(61,407)
(86,856)
84,894
(5,102)
(68,471)

(9,555)
4,777
(19,476)
1,840
(22,414)
465
14,128
180,398
194,526
64,547
1,964