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Segment information | 9 Months Ended
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Nov. 03, 2018
Segment Reporting [Abstract] |
Segment information | Segment information Financial information for each of Signet’s reportable segments is presented in the tables below. Signet’s chief operating decision maker utilizes sales and operating income, after the elimination of any inter-segment transactions, to determine resource allocations and performance assessment measures. During the first quarter of Fiscal 2019, the Company realigned its organizational structure. The new structure will allow for further integration of operational and product development processes and support growth strategies. In accordance with this organizational change, beginning with quarterly reporting for the 13 weeks ended May 5, 2018, the Company reported three reportable segments as follows: North America, which consists of the legacy Sterling Jewelers and Zale division; International, which consists of the legacy UK Jewelry division; and Other. Signet’s sales are derived from the retailing of jewelry, watches, other products and services as generated through the management of its reportable segments. The North America reportable segment operates across the US and Canada. Its US stores operate nationally in malls and off-mall locations principally as Kay (Kay Jewelers and Kay Jewelers Outlet), Jared (Jared The Galleria Of Jewelry and Jared Vault), Zales (Zales Jewelers and Zales Outlet) and Piercing Pagoda, which operates through mall-based kiosks. Its Canadian stores operate as the Peoples Jewellers store banner. The segment also operates a variety of mall-based regional brands, including Gordon’s Jewelers in the US and Mappins in Canada, and the JamesAllen.com website, which was acquired in the R2Net acquisition. The International reportable segment operates stores in the UK, Republic of Ireland and Channel Islands. Its stores operate in shopping malls and off-mall locations (i.e. high street) principally as H.Samuel and Ernest Jones. The Other reportable segment consists of all non-reportable segments that are below the quantifiable threshold for separate disclosure as a reportable segment, including subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions.
| 13 weeks ended |  | 39 weeks ended
(in millions) | November 3, 2018 |  | October 28, 2017 |  | November 3, 2018 |  | October 28, 2017
Sales: |  |  |  |  |  |  |
North America segment | $ | 1,064.3 |  |  | $ | 1,022.3 |  |  | $ | 3,698.8 |  |  | $ | 3,558.9 |
International segment | 121.3 |  |  | 128.4 |  |  | 381.5 |  |  | 382.8 |
Other | 6.1 |  |  | 6.2 |  |  | 12.1 |  |  | 18.2 |
Total sales | $ | 1,191.7 |  |  | $ | 1,156.9 |  |  | $ | 4,092.4 |  |  | $ | 3,959.9 |
Operating (loss) income: |  |  |  |  |  |  |
North America segment(1) | $ | (19.5 | ) |  | $ | 53.8 |  |  | $ | (561.0 | ) |  | $ | 350.2 |
International segment(2) | (4.4 | ) |  | (1.7 | ) |  | (18.1 | ) |  | (1.9 | )
Other(3) | (24.9 | ) |  | (46.6 | ) |  | (102.0 | ) |  | (91.9 | )
Total operating (loss) income | $ | (48.8 | ) |  | $ | 5.5 |  |  | $ | (681.1 | ) |  | $ | 256.4 |
(1) | Operating (loss) income during the 39 weeks ended November 3, 2018 includes $448.7 million, $53.7 million and $160.4 million related to the goodwill and intangible impairments recognized, inventory charges recorded in conjunction with the Company’s restructuring activities, and valuation losses related to the sale of eligible non-prime in-house accounts receivable, respectively. See Note 15, Note 7 and Note 4 for additional information.
(2) | Operating (loss) income during the 39 weeks ended November 3, 2018 includes $3.8 million related to inventory charges recorded in conjunction with the Company’s restructuring activities. See Note 7 for additional information.
(3) | Operating (loss) income during the 13 weeks ended November 3, 2018 includes $9.5 million and $0.4 million related to charges recorded in conjunction with the Company’s restructuring activities and transaction costs associated with the sale of the non-prime in-house accounts receivable, respectively. Operating (loss) income during the 39 weeks ended November 3, 2018 includes $41.3 million and $7.0 million related to charges recorded in conjunction with the Company’s restructuring activities, including inventory charges, and transaction costs associated with the sale of the non-prime in-house accounts receivable, respectively. See Note 7 and Note 4 for additional information.
(in millions) | November 3, 2018 |  | February 3, 2018 |  | October 28, 2017
Total assets: |  |  |  |  |
North America segment | $ | 4,428.6 |  |  | $ | 5,309.0 |  |  | $ | 5,284.8 |
International segment | 387.1 |  |  | 420.3 |  |  | 404.8 |
Other | 91.8 |  |  | 110.3 |  |  | 111.1 |
Total assets | $ | 4,907.5 |  |  | $ | 5,839.6 |  |  | $ | 5,800.7 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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