AEO » Topics » 4. Accounts and Note Receivable

This excerpt taken from the AEO 10-K filed Apr 4, 2007.

4. Accounts and Note Receivable

Accounts and note receivable are comprised of the following:

 

(In thousands)    February 3,
2007
   January 28,
2006

Construction allowances

   $ 9,345    $ 8,212

Merchandise sell-offs

     2,488      6,904

Taxes

     1,012      1,860

Distribution services

     -      1,618

Interest income

     7,251      2,982

Property insurance claims

     2,530      4,081

Other

     3,419      3,489

Total

   $ 26,045    $ 29,146
This excerpt taken from the AEO 10-K filed Apr 5, 2006.

4. Accounts and Note Receivable

Accounts and note receivable are comprised of the following:

 

(In thousands)    January 28,
2006
   January 29,
2005

Fabric

   $ —      $ 2,871

Construction allowances

     8,212      6,801

Sell-offs to non-related parties

     6,904      6,657

Taxes

     1,860      2,584

Distribution services

     1,618      2,015

Sale of Bluenotes

     —        2,707

Interest income

     2,982      821

Property insurance claims

     4,081      —  

Other

     3,489      1,976
             

Total

   $ 29,146    $ 26,432
             
This excerpt taken from the AEO 10-K filed Apr 14, 2005.

4. Accounts and Note Receivable

 

Accounts and note receivable are comprised of the following:

 

(In thousands)

 

   January 29,
2005


   January 31,
2004


          (Restated)

Fabric

   $ 2,871    $ 5,136

Related party

     —        4,219

Construction allowances

     6,801      5,188

Sell-offs to non-related parties

     6,657      2,479

Taxes

     2,584      2,319

Distribution services

     2,015      1,040

Sale of Bluenotes

     2,707      —  

Other

     2,797      3,748
    

  

Total

   $ 26,432    $ 24,129
    

  

 

The fabric receivable represents amounts due from a third party vendor for fabric purchased by the Company and sold to the respective vendor. Upon receipt of the finished goods from the vendor, the Company records the full cost of the merchandise in inventory, and reduces the amount of payment due to the third party by the respective fabric receivable.

 

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