Reconciling Common Stock and Treasury Stock Balances
Assume this is the stockholders' equity section from the
Abercrombie & Fitch balance sheet.
Shareholders' Equity (thousands, except par value amounts)
January 28, 2012
January 29, 2011
Class A common stock-$0.01 par value: 150,000 shares authorized
and 104,800shares issues at January 28, 2012, and January 29, 2011,
respectively
$ 1,048
$ 1,048
Paid-in capital
319,451
289,732
Retained earnings
2,051,463
1,646,290
Accumulated other comprehensive income (loss), net of tax
7,118
(994)
Treasury stock at...