ABERCROMBIE FITCH CO DE
For the period ended Aug 3, 2024. Filed Sep 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 3, 2024 · Filed Sep 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
ACCUMULATED OTHER COMPREHENSIVE LOSS
- ACCUMULATED OTHER COMPREHENSIVE LOSS
The following tables provide activity in AOCL for the thirteen and twenty-six weeks ended August 3, 2024:
| Thirteen Weeks Ended August 3, 2024 | |||
|---|---|---|---|
| (in thousands) | Foreign Currency Translation Adjustment | Unrealized Gain (Loss) on Derivative Financial Instruments | Total |
| Beginning balance at May 4, 2024 | $(138,369) | $1,087 | $(137,282) |
| Other comprehensive income (loss) before reclassifications | 3,441 | (587) | 2,854 |
| Reclassified gain from AOCL (1) | — | (527) | (527) |
| Tax effect | — | (36) | (36) |
| Other comprehensive income (loss) after reclassifications | 3,441 | (1,150) | 2,291 |
| Ending balance at August 3, 2024 | $(134,928) | $(63) | $(134,991) |
| Twenty-Six Weeks Ended August 3, 2024 | |||
| (in thousands) | Foreign Currency Translation Adjustment | Unrealized Gain (Loss) on Derivative Financial Instruments | Total |
| Beginning balance at February 3, 2024 | $(136,532) | $564 | $(135,968) |
| Other comprehensive income before reclassifications | 1,604 | 442 | 2,046 |
| Reclassified gain from AOCL (1) | — | (1,010) | (1,010) |
| Tax effect | — | (59) | (59) |
| Other comprehensive income (loss) after reclassifications | 1,604 | (627) | 977 |
| Ending balance at August 3, 2024 | $(134,928) | $(63) | $(134,991) |
(1)Amount represents gain reclassified from AOCL to cost of sales, exclusive of depreciation and amortization, on the Condensed Consolidated Statements of Operations and Comprehensive Income.
The following tables provide activity in AOCL for the thirteen and twenty-six weeks ended July 29, 2023:
| Thirteen Weeks Ended July 29, 2023 | |||
|---|---|---|---|
| (in thousands) | Foreign Currency Translation Adjustment | Unrealized Gain (Loss) on Derivative Financial Instruments | Total |
| Beginning balance at April 29, 2023 | $(132,342) | $(4,469) | $(136,811) |
| Other comprehensive (loss) income before reclassifications | (3,836) | 558 | (3,278) |
| Reclassified loss from AOCL (1) | — | 1,708 | 1,708 |
| Tax effect | — | (24) | (24) |
| Other comprehensive (loss) income after reclassifications | (3,836) | 2,242 | (1,594) |
| Ending balance at July 29, 2023 | $(136,178) | $(2,227) | $(138,405) |
| Twenty-Six Weeks Ended July 29, 2023 | |||
| (in thousands) | Foreign Currency Translation Adjustment | Unrealized Gain (Loss) on Derivative Financial Instruments | Total |
| Beginning balance at January 28, 2023 | $(132,653) | $(4,874) | $(137,527) |
| Other comprehensive (loss) income before reclassifications | (3,525) | 51 | (3,474) |
| Reclassified loss from AOCL (1) | — | 2,614 | 2,614 |
| Tax effect | — | (18) | (18) |
| Other comprehensive (loss) income after reclassifications | (3,525) | 2,647 | (878) |
| Ending balance at July 29, 2023 | $(136,178) | $(2,227) | $(138,405) |
(1) Amount represents loss reclassified from AOCL to cost of sales, exclusive of depreciation and amortization, on the Condensed Consolidated Statements of Operations and Comprehensive Income.
| Abercrombie & Fitch Co. | 19 | 2024 2Q Form 10-Q |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.