ABERCROMBIE FITCH CO DE
For the period ended Nov 2, 2024. Filed Dec 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.
Nov 2, 2024 · Filed Dec 6, 2024
ANF$154.00+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(Thousands)
| Thirty-Nine Weeks Ended | ||
|---|---|---|
| November 2, 2024 | October 28, 2023 | |
| Operating activities | ||
| Net income | $384,321 | $174,310 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 116,610 | 105,547 |
| Asset impairment | 7,066 | 4,436 |
| Loss on disposal | 2,585 | 5,164 |
| Benefit from deferred income taxes | (9,881) | (13,620) |
| Share-based compensation | 30,123 | 29,331 |
| Loss on extinguishment of debt | 1,114 | 1,276 |
| Changes in assets and liabilities: | ||
| Inventories | (222,929) | (91,817) |
| Accounts payable and accrued expenses | 184,604 | 126,842 |
| Operating lease right-of-use assets and liabilities | (2,194) | (30,956) |
| Income taxes | (19,429) | 37,857 |
| Other assets | (70,423) | 8,519 |
| Other liabilities | 1,189 | (6,747) |
| Net cash provided by operating activities | 402,756 | 350,142 |
| Investing activities | ||
| Purchases of marketable securities | (55,000) | — |
| Purchases of property and equipment | (132,040) | (128,601) |
| Proceeds from the sale of property and equipment | — | 615 |
| Net cash used for investing activities | (187,040) | (127,986) |
| Financing activities | ||
| Repayment/redemption of senior secured notes | (223,331) | (50,933) |
| Payment of debt modification costs and fees | (3,273) | (180) |
| Purchases of Common Stock | (129,807) | — |
| Acquisition of Common Stock for tax withholding obligations | (69,613) | (29,079) |
| Other financing activities | (6,546) | (6,914) |
| Net cash used for financing activities | (432,570) | (87,106) |
| Effect of foreign currency exchange rates on cash | (1,834) | (4,491) |
| Net (decrease) increase in cash and equivalents, and restricted cash and equivalents | (218,688) | 130,559 |
| Cash and equivalents, and restricted cash and equivalents, beginning of period | 909,685 | 527,569 |
| Cash and equivalents, and restricted cash and equivalents, end of period | $690,997 | $658,128 |
| Supplemental information related to non-cash activities | ||
| Purchases of property and equipment accrued in accounts payable | $57,005 | $38,787 |
| Excise tax liability accrued on share repurchases | 250 | — |
| Operating lease right-of-use assets additions, net of terminations, impairments and other reductions | 291,289 | 117,959 |
| Supplemental information related to cash activities | ||
| Cash paid for interest | 9,527 | 14,165 |
| Cash paid for income taxes | 147,733 | 60,215 |
| Cash received from income tax refunds | 448 | 916 |
| Cash paid for amounts included in measurement of operating lease liabilities, net of abatements | 206,413 | 210,971 |
| Abercrombie & Fitch Co. | 7 | 2024 3Q 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.