$AEO
AMERICAN EAGLE OUTFITTERS INC

2017 Q3 Form 10-Q Financial Statement

#000156459018022508 Filed on August 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q3 2017 Q2
Revenue $844.6M $761.8M
YoY Change 2.67% 1.66%
Cost Of Revenue $551.9M $484.0M
YoY Change 7.06% 6.15%
Gross Profit $292.6M $277.8M
YoY Change -4.7% -5.33%
Gross Profit Margin 34.65% 36.47%
Selling, General & Admin $203.7M $195.0M
YoY Change 2.09% -0.52%
% of Gross Profit 69.61% 70.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.80M $40.89M
YoY Change 4.62% 4.64%
% of Gross Profit 13.94% 14.72%
Operating Expenses $244.0M $195.0M
YoY Change 22.28% -0.52%
Operating Profit $38.90M $36.95M
YoY Change -43.34% -37.03%
Interest Expense $2.600M
YoY Change
% of Operating Profit 6.68%
Other Income/Expense, Net -$6.734M $403.0K
YoY Change 114.87% -91.83%
Pretax Income $32.17M $37.35M
YoY Change -50.91% -41.28%
Income Tax $10.93M $12.12M
% Of Pretax Income 33.99% 32.44%
Net Earnings $21.24M $25.24M
YoY Change -48.94% -37.65%
Net Earnings / Revenue 2.51% 3.31%
Basic Earnings Per Share $0.12 $0.14
Diluted Earnings Per Share $0.12 $0.14
COMMON SHARES
Basic Shares Outstanding 177.2M 179.3M
Diluted Shares Outstanding 178.8M 181.7M

Balance Sheet

Concept 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.6M $225.2M
YoY Change -22.31% -5.77%
Cash & Equivalents
Short-Term Investments $29.80M $81.30M
Other Short-Term Assets $110.5M $94.80M
YoY Change 21.56% 14.49%
Inventory $433.5M $364.3M
Prepaid Expenses
Receivables $80.70M $79.40M
Other Receivables $0.00 $0.00
Total Short-Term Assets $817.2M $763.7M
YoY Change -1.09% 4.72%
LONG-TERM ASSETS
Property, Plant & Equipment $719.1M $710.5M
YoY Change 2.68% 0.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $87.40M $95.80M
YoY Change -11.27% 81.12%
Total Long-Term Assets $869.1M $869.5M
YoY Change 0.24% 0.29%
TOTAL ASSETS
Total Short-Term Assets $817.2M $763.7M
Total Long-Term Assets $869.1M $869.5M
Total Assets $1.686B $1.633B
YoY Change -0.41% 2.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $275.5M $208.9M
YoY Change -3.91% 3.06%
Accrued Expenses $134.0M $148.9M
YoY Change -8.28% -1.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $472.0M $420.6M
YoY Change -5.32% 0.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $90.00M $94.70M
YoY Change -4.56% 130.48%
Total Long-Term Liabilities $90.00M $94.70M
YoY Change -4.56% -5.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $472.0M $420.6M
Total Long-Term Liabilities $90.00M $94.70M
Total Liabilities $562.0M $515.3M
YoY Change -5.2% -0.71%
SHAREHOLDERS EQUITY
Retained Earnings $1.772B $1.774B
YoY Change 4.66% 5.93%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.124B $1.118B
YoY Change
Total Liabilities & Shareholders Equity $1.686B $1.633B
YoY Change -0.41% 2.31%

Cashflow Statement

Concept 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $21.24M $25.24M
YoY Change -48.94% -37.65%
Depreciation, Depletion And Amortization $40.80M $40.89M
YoY Change 4.62% 4.64%
Cash From Operating Activities $42.50M $10.71M
YoY Change -40.56% -64.15%
INVESTING ACTIVITIES
Capital Expenditures -$46.60M $40.07M
YoY Change 27.67% 64.66%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$46.60M -$40.15M
YoY Change 27.67% 59.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $87.68M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -27.30M -123.6M
YoY Change 11.43% 324.5%
NET CHANGE
Cash From Operating Activities 42.50M 10.71M
Cash From Investing Activities -46.60M -40.15M
Cash From Financing Activities -27.30M -123.6M
Net Change In Cash -31.40M -153.0M
YoY Change -399.05% 528.74%
FREE CASH FLOW
Cash From Operating Activities $42.50M $10.71M
Capital Expenditures -$46.60M $40.07M
Free Cash Flow $89.10M -$29.36M
YoY Change -17.5% -630.69%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q3 us-gaap Short Term Investments
ShortTermInvestments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Other Nonoperating Income Expense
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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CY2018Q3 us-gaap Earnings Per Share Diluted
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CY2018Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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CY2018Q3 us-gaap Dividends Common Stock
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CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Restructuring Charges
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Increase Decrease In Retail Related Inventories
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us-gaap Increase Decrease In Retail Related Inventories
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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aeo Increase Decrease In Unredeemed Gift Cards And Gift Certificates
IncreaseDecreaseInUnredeemedGiftCardsAndGiftCertificates
-18990000
aeo Increase Decrease In Unredeemed Gift Cards And Gift Certificates
IncreaseDecreaseInUnredeemedGiftCardsAndGiftCertificates
-20598000
aeo Increase Decrease In Deferred Lease Credits
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aeo Increase Decrease In Deferred Lease Credits
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Accrued Taxes Payable
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2018Q3 us-gaap Net Income Loss
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us-gaap Income Tax Expense Benefit
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CY2017Q3 us-gaap Income Tax Expense Benefit
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Cost Of Goods And Services Sold
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us-gaap Cost Of Goods And Services Sold
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CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2017Q3 us-gaap Operating Income Loss
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CY2017Q3 us-gaap Other Nonoperating Income Expense
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CY2017Q3 us-gaap Net Income Loss
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CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2017Q3 us-gaap Depreciation And Amortization
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CY2017Q3 us-gaap Restructuring Charges
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Operating Income Loss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Restructuring Charges
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us-gaap Other Nonoperating Income Expense
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Operating Income Loss
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us-gaap Net Income Loss
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us-gaap Income Tax Expense Benefit
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Dividends Common Stock
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us-gaap Stock Issued During Period Value Treasury Stock Reissued
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Fiscal Period
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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s financial year is a 52 or 53-week year that ends on the Saturday nearest to January&#160;31. As used herein, &#8220;Fiscal 2018&#8221; refers to the 52-week period ending February 2, 2019. &#8220;Fiscal 2017&#8221; refers to the 53-week period ended February 3, 2018.</p></div>
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of our contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, our management reviews the Company&#8217;s estimates based on currently available information. Changes in facts and circumstances may result in revised estimates.</p></div>
CY2018Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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us-gaap Number Of Reportable Segments
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aeo Revenue Related To Gift Card Breakage
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aeo Revenue Related To Gift Card Breakage
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CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q3 us-gaap Comprehensive Income Net Of Tax
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us-gaap Increase Decrease In Accrued Taxes Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Impairment Of Intangible Assets Finitelived
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Repayments Of Long Term Capital Lease Obligations
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us-gaap Repayments Of Long Term Capital Lease Obligations
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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aeo Payments To Repurchase Common Stock From Employees
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aeo Payments To Repurchase Common Stock From Employees
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Interest Paid Net
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us-gaap Impairment Of Long Lived Assets Held For Use
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us-gaap Revenue Recognition Loyalty Programs
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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Customer Loyalty Program</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recently launched a new, digitized loyalty program called AEO Connected<sup style="font-size:85%; vertical-align:top">TM</sup> (the &#8220;Program&#8221;).&nbsp;&nbsp;This Program integrates the credit card rewards program and the AEREWARDS<font style="font-family:'Times New Roman';"><font style="font-size:10pt;font-family:'Times New Roman'">&#210;</font></font> loyalty program into one combined customer offering.&#160; Under the Program, customers accumulate points based on purchase activity and earn rewards by reaching certain point thresholds and, when reached, rewards are distributed.&nbsp;&nbsp;Customers earn rewards in the form of discount savings certificates. Rewards earned are valid through the stated expiration date, which is approximately 45 days from the issuance date of the reward. Additional rewards are also given for key items such as jeans and bras.&nbsp;&nbsp;Rewards not redeemed during the 45-day redemption period are forfeited.&#160; </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Points earned under the Program on purchases at AE and Aerie are accounted for in accordance with ASU 2014-09.&nbsp;&nbsp;The portion of the sales revenue attributed to the award points is deferred and recognized when the award is redeemed or when the points expire, using the relative stand-alone selling price method.&nbsp;&nbsp;Additionally, reward points earned using the co-branded credit card on non-AEO or Aerie purchases are accounted for in accordance with ASU 2014-09.&nbsp;&nbsp;As the points are earned, a current liability is recorded for the estimated cost of the award, and the impact of adjustments is recorded in cost of sales.&nbsp;&nbsp;The Company recorded a net increase to opening retained earnings of $0.2 million as of February&#160;4, 2018 due to the cumulative impact of adoption.&nbsp;&nbsp;&nbsp;&nbsp; </p></div>
us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div> <p style="text-align:justify;margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Sales Return Reserve</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revenue is recorded net of estimated and actual sales returns and deductions for coupon redemptions and other promotions. The Company records the impact of adjustments to its sales return reserve quarterly within total net revenue and cost of sales. The Sales Return Reserve reflects an estimate of sales returns based on projected merchandise returns determined through the use of historical average return percentages.&nbsp;&nbsp;</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of August 4, 2018, the Company recorded a Right of Return Asset of $5.4 million within Prepaid Expenses and Other on the Consolidated Balance Sheet, offset by a Sales Return Reserve Liability of $12.3 million within Other Liabilities and Accrued Expenses on the Consolidated Balance Sheet.&nbsp;&nbsp;The Sales Return Reserve Liability was $4.9 million, recorded within Other Liabilities and Accrued Expenses, at July 29, 2017.</p></div>
CY2018Q3 aeo Percentage Of Net Sales
PercentageOfNetSales
1.00
CY2017Q3 aeo Percentage Of Net Sales
PercentageOfNetSales
1.00
CY2017Q3 us-gaap Short Term Investments
ShortTermInvestments
0
CY2017Q3 us-gaap Long Term Investments
LongTermInvestments
0
aeo Property Plant And Equipment Weighted Average Useful Life
PropertyPlantAndEquipmentWeightedAverageUsefulLife
P8Y
CY2018Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2017Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2017Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2018Q3 aeo Revenue Related To Gift Card Breakage
RevenueRelatedToGiftCardBreakage
2100000
CY2017Q3 aeo Revenue Related To Gift Card Breakage
RevenueRelatedToGiftCardBreakage
2000000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2018Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
413613000
CY2017Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
192558000
CY2018Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
363322000
us-gaap Payments For Proceeds From Availableforsale Securities Shortterm
PaymentsForProceedsFromAvailableforsaleSecuritiesShortterm
0
CY2018Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1256000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1560000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1401000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1998000
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2096940000
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2023875000
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1955756000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1364590000
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1299636000
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1236629000
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
70750000
CY2018Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
70322000
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
69166000
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25686000
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23656000
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
21646000
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
6000000
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
5000000
CY2018Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4700000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
9000000
CY2017Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3300000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6500000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2190000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
715000
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
991000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1914000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1681000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
174000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.59
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.60
aeo Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageExercisePrice
15.59
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.76
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
17.06
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.00
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y2M12D
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16831000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
13628000
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1836000
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
13.70
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
15.89
aeo Employee Service Share Based Compensation Tax Benefit Expense Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitExpenseRealizedFromExerciseOfStockOptions
900000
aeo Employee Service Share Based Compensation Tax Benefit Expense Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitExpenseRealizedFromExerciseOfStockOptions
700000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.026
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.021
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.025
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.031
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.395
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.385
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8200000
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.340
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.332
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q3 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1700000
CY2018Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
3100000
us-gaap Restructuring Costs
RestructuringCosts
1568000
CY2017Q3 us-gaap Restructuring Costs
RestructuringCosts
20726000
us-gaap Restructuring Costs
RestructuringCosts
26173000
CY2017Q3 us-gaap Business Exit Costs1
BusinessExitCosts1
7860000
us-gaap Business Exit Costs1
BusinessExitCosts1
8032000
us-gaap Severance Costs1
SeveranceCosts1
1568000
CY2017Q3 us-gaap Severance Costs1
SeveranceCosts1
1886000
us-gaap Severance Costs1
SeveranceCosts1
7161000
CY2017Q3 aeo Restructuring And Related Costs Joint Venture
RestructuringAndRelatedCostsJointVenture
9311000
aeo Restructuring And Related Costs Joint Venture
RestructuringAndRelatedCostsJointVenture
9311000
CY2017Q3 aeo Non Cash Restructuring And Related Charges Inventory
NonCashRestructuringAndRelatedChargesInventory
1669000
aeo Non Cash Restructuring And Related Charges Inventory
NonCashRestructuringAndRelatedChargesInventory
1669000
CY2018Q1 us-gaap Restructuring Reserve
RestructuringReserve
7650000
aeo Restructuring Charge Cash Charges
RestructuringChargeCashCharges
1568000
aeo Payments For Restructuring And Restructuring Reserve Accrual Adjustment
PaymentsForRestructuringAndRestructuringReserveAccrualAdjustment
4577000
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
4641000

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