2022 Q2 Form 10-Q Financial Statement

#000101884022000031 Filed on June 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $812.8M $1.161B $781.4M
YoY Change 4.01% 3.51% 61.0%
Cost Of Revenue $363.2M $484.2M $286.3M
YoY Change 26.88% 9.3% 29.41%
Gross Profit $449.5M $677.1M $495.1M
YoY Change -9.21% -0.28% 87.45%
Gross Profit Margin 55.31% 58.31% 63.36%
Selling, General & Admin $459.7M $580.8M $437.6M
YoY Change 5.06% 5.56% 1.66%
% of Gross Profit 102.26% 85.78% 88.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.89M $36.25M $37.86M
YoY Change -10.48% -7.29% -13.96%
% of Gross Profit 7.54% 5.35% 7.65%
Operating Expenses $455.9M $577.1M $436.1M
YoY Change 4.52% 5.58% 1.38%
Operating Profit -$9.726M $100.1M $57.43M
YoY Change -116.93% -24.43% -127.46%
Interest Expense -$7.307M -$6.959M -$8.606M
YoY Change -15.09% -22.68% 109.9%
% of Operating Profit -6.95% -14.98%
Other Income/Expense, Net
YoY Change
Pretax Income -$17.03M $91.17M $48.83M
YoY Change -134.88% -14.71% -122.98%
Income Tax -$2.187M $23.35M $6.121M
% Of Pretax Income 25.61% 12.54%
Net Earnings -$16.47M $65.51M $41.77M
YoY Change -139.43% -20.5% -117.11%
Net Earnings / Revenue -2.03% 5.64% 5.35%
Basic Earnings Per Share -$0.32 $0.67
Diluted Earnings Per Share -$0.32 $1.106M $0.64
COMMON SHARES
Basic Shares Outstanding 52.08M shares 50.63M shares 62.38M shares
Diluted Shares Outstanding 52.08M shares 65.31M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $468.4M $823.1M $909.0M
YoY Change -48.47% -25.5% 29.12%
Cash & Equivalents $468.4M $823.1M $909.0M
Short-Term Investments
Other Short-Term Assets $93.18M $89.65M $78.73M
YoY Change 18.36% 30.2% 16.78%
Inventory $562.5M $525.9M $388.6M
Prepaid Expenses
Receivables $88.81M $69.10M $107.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.213B $1.508B $1.484B
YoY Change -18.28% -9.26% 15.35%
LONG-TERM ASSETS
Property, Plant & Equipment $498.0M $508.3M $533.8M
YoY Change -6.71% -7.67% -18.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $224.5M $225.2M $213.6M
YoY Change 5.09% 7.89% -1.48%
Total Long-Term Assets $1.394B $1.432B $1.586B
YoY Change -12.1% -13.4% -20.89%
TOTAL ASSETS
Total Short-Term Assets $1.213B $1.508B $1.484B
Total Long-Term Assets $1.394B $1.432B $1.586B
Total Assets $2.607B $2.939B $3.071B
YoY Change -15.09% -11.32% -6.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $311.4M $374.8M $236.7M
YoY Change 31.56% 29.52% 45.42%
Accrued Expenses $320.7M $395.8M $321.9M
YoY Change -0.38% -0.14% 12.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $853.0M $1.015B $817.0M
YoY Change 4.41% 5.82% -16.12%
LONG-TERM LIABILITIES
Long-Term Debt $303.9M $303.6M $344.3M
YoY Change -11.73% -11.73% 48.28%
Other Long-Term Liabilities $83.24M $86.09M $114.9M
YoY Change -27.57% -17.77% 11.38%
Total Long-Term Liabilities $1.049B $1.087B $1.304B
YoY Change -19.5% -22.7% -14.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $853.0M $1.015B $817.0M
Total Long-Term Liabilities $1.049B $1.087B $1.304B
Total Liabilities $1.902B $2.102B $2.121B
YoY Change -10.28% -11.14% -14.96%
SHAREHOLDERS EQUITY
Retained Earnings $2.351B $2.386B $2.170B
YoY Change 8.34% 11.01% 7.29%
Common Stock $399.4M $414.2M $396.3M
YoY Change 0.79% 2.96% 1.37%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.931B $1.860B $1.524B
YoY Change 26.75% 22.92% 0.41%
Treasury Stock Shares 50.32M shares 41.37M shares
Shareholders Equity $695.4M $826.1M $941.2M
YoY Change
Total Liabilities & Shareholders Equity $2.607B $2.939B $3.071B
YoY Change -15.09% -11.32% -6.72%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income -$16.47M $65.51M $41.77M
YoY Change -139.43% -20.5% -117.11%
Depreciation, Depletion And Amortization $33.89M $36.25M $37.86M
YoY Change -10.48% -7.29% -13.96%
Cash From Operating Activities -$217.8M $146.5M -$131.4M
YoY Change 65.81% -40.45% -6.7%
INVESTING ACTIVITIES
Capital Expenditures $26.29M -$34.76M $14.40M
YoY Change 82.53% 240.75% -69.35%
Acquisitions
YoY Change
Other Investing Activities $7.751M
YoY Change
Cash From Investing Activities -$18.54M -$34.76M -$14.40M
YoY Change 28.72% -187.33% -578.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M $35.25M
YoY Change 183.7% 132.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$116.9M -142.5M -$53.19M
YoY Change 119.86% 35535.0% -130.98%
NET CHANGE
Cash From Operating Activities -$217.8M 146.5M -$131.4M
Cash From Investing Activities -$18.54M -34.76M -$14.40M
Cash From Financing Activities -$116.9M -142.5M -$53.19M
Net Change In Cash -$355.9M -30.80M -$200.0M
YoY Change 77.98% -110.79% -766.31%
FREE CASH FLOW
Cash From Operating Activities -$217.8M $146.5M -$131.4M
Capital Expenditures $26.29M -$34.76M $14.40M
Free Cash Flow -$244.1M $181.3M -$145.8M
YoY Change 67.46% -29.25% -22.37%

Facts In Submission

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CY2021Q2 us-gaap Allocated Share Based Compensation Expense
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CY2021Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022Q2 anf Increasedecreaseinoperatingleaseliabilities
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CY2021Q2 anf Increasedecreaseinoperatingleaseliabilities
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CY2022Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
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2664000 USD
CY2021Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
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1751000 USD
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33475000 USD
CY2021Q2 us-gaap Increase Decrease In Other Operating Assets
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34162000 USD
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CY2021Q2 us-gaap Increase Decrease In Other Operating Liabilities
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CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q2 us-gaap Payments Of Debt Issuance Costs
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CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
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CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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834368000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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834368000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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478478000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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924191000 USD
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22597000 USD
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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35521000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021Q2 us-gaap Operating Lease Payments
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CY2022Q2 us-gaap Nature Of Operations
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NATURE OF BUSINESSAbercrombie & Fitch Co. (“A&F”), a company incorporated in Delaware in 1996, through its subsidiaries (collectively, A&F and its subsidiaries are referred to as “Abercrombie & Fitch” or the “Company”), is a global, digitally-led omnichannel retailer. The Company offers a broad assortment of apparel, personal care products and accessories for men, women and kids, which are sold primarily through its digital channels and Company-owned stores, as well as through various third-party arrangements. The Company’s two brand-based operating segments are Hollister, which includes the Company’s Hollister, Gilly Hicks and Social Tourist brands, and Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands. These five brands share a commitment to offering unique products of enduring quality and exceptional comfort that allow customers around the world to express their own individuality and style. The Company operates primarily in North America, Europe and Asia.
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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11229000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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14712000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2022Q2 us-gaap Fiscal Period
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<div><span style="color:#ac7e65;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Fiscal year</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company’s fiscal year ends on the Saturday closest to January 31. This typically results in a fifty-two week year, but occasionally gives rise to an additional week, resulting in a fifty-three week year. Fiscal years are designated in the Condensed Consolidated Financial Statements and notes, as well as the remainder of this Quarterly Report on Form 10-Q, by the calendar year in which the fiscal year commences. All references herein to the Company’s fiscal years are as follows:</span></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"/><td style="width:66.594%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.318%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.320%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fiscal year</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Year ended/ ending</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Number of weeks</span></td></tr><tr><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fiscal 2021</span></td><td colspan="3" style="background-color:#f5f5f5;padding:0 1pt"/><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 29, 2022</span></td><td colspan="3" style="background-color:#f5f5f5;padding:0 1pt"/><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">52</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fiscal 2022</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 28, 2023</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">52</span></td></tr><tr><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fiscal 2023</span></td><td colspan="3" style="background-color:#f5f5f5;padding:0 1pt"/><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 3, 2024</span></td><td colspan="3" style="background-color:#f5f5f5;padding:0 1pt"/><td colspan="3" style="background-color:#f5f5f5;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53</span></td></tr></table></div>
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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468378000 USD
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CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
909008000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1104862000 USD
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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10100000 USD
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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834368000 USD
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834368000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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924191000 USD
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1124157000 USD
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19991000 USD
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CY2022Q2 us-gaap Increase Decrease In Customer Loyalty Program Liability
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10181000 USD
CY2021Q2 us-gaap Increase Decrease In Customer Loyalty Program Liability
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9553000 USD
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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103300000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Treasury Stock
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51223000 shares
CY2022Q2 anf Lineof Credit Facility Covenant Terms Minimum Remaining Borrowing Capacity
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314400000 USD
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40920000 shares
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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3598000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1425000 shares
CY2022Q2 us-gaap Other Asset Impairment Charges
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CY2022Q2 us-gaap Property Plant And Equipment Gross
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2436019000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
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2453493000 USD
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1938043000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1945157000 USD
CY2022Q2 us-gaap Property Plant And Equipment Net
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497976000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
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508336000 USD
CY2022Q2 us-gaap Operating Lease Cost
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57580000 USD
CY2021Q2 us-gaap Operating Lease Cost
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69752000 USD
CY2022Q2 us-gaap Variable Lease Cost
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33158000 USD
CY2021Q2 us-gaap Variable Lease Cost
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23166000 USD
CY2021Q2 us-gaap Variable Lease Cost
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23166000 USD
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2464000 USD
CY2022Q2 us-gaap Sublease Income
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1009000 USD
CY2021Q2 us-gaap Sublease Income
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1093000 USD
CY2022Q2 us-gaap Lease Cost
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91644000 USD
CY2021Q2 us-gaap Lease Cost
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94289000 USD
CY2022Q2 anf Rent Abatement Benefit To Variable Lease Cost
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1700000 USD
CY2021Q2 anf Rent Abatement Benefit To Variable Lease Cost
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7700000 USD
CY2022Q2 anf Lessee Operating Lease Leases Not Yet Commenced Liability
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20500000 USD
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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349400000 USD
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1915000 USD
CY2021Q2 us-gaap Other Asset Impairment Charges
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2464000 USD
CY2022Q2 us-gaap Tangible Asset Impairment Charges
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1507000 USD
CY2021Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
200000 USD
CY2022Q2 anf Assetimpairmentexclusiveofflagshipstoreexitcharges
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3422000 USD
CY2021Q2 anf Assetimpairmentexclusiveofflagshipstoreexitcharges
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2664000 USD
CY2022Q2 anf Pre Tax Losses Without Tax Benefits Recognized
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13400000 USD
CY2022Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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2400000 USD
CY2022Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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3100000 USD
CY2022Q2 us-gaap Long Term Debt Noncurrent
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303901000 USD
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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965000 USD
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298000 USD
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2111000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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3190000 USD
CY2022Q2 anf Sharebased Payment Arrangement Cancellationof Option Tax Charge
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-195000 USD
CY2021Q2 anf Sharebased Payment Arrangement Cancellationof Option Tax Charge
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-3000 USD
CY2022Q2 anf Sharebased Payment Arrangement Discrete Income Tax Benefit Charge
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1916000 USD
CY2021Q2 anf Sharebased Payment Arrangement Discrete Income Tax Benefit Charge
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3187000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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32.55
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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13925000 USD
CY2021Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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11748000 USD
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236139 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
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33300 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
52.75
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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202839 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
29.24
CY2022Q2 anf Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedAggregateIntrinsicValue
1523587 USD
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y4M24D
CY2022Q2 anf Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableNumber
202839 shares
CY2022Q2 anf Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice
29.24
CY2022Q2 anf Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableIntrinsicValue
1523587 USD
CY2022Q2 anf Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageRemainingContractualTerms
P2Y4M24D
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
5363000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
1144000 USD
CY2022Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
3684000 USD
CY2021Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1455000 USD
CY2022Q2 anf Maximum Length Of Time Inventory Sales Hedged
MaximumLengthOfTimeInventorySalesHedged
P12M
CY2022Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1141000 USD
CY2021Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-468000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-114706000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-5040000 USD
CY2022Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
3684000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-33000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8691000 USD
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-123397000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-102307000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-130000 USD
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-1455000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1325000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-100982000 USD
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2022Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022Q2 us-gaap Revenues
Revenues
812762000 USD
CY2021Q2 us-gaap Revenues
Revenues
781405000 USD
CY2022Q2 us-gaap Revenues
Revenues
812762000 USD
CY2021Q2 us-gaap Revenues
Revenues
781405000 USD

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