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Segment Information | 12 Months Ended
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Feb. 02, 2019
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 banners, including Gordon’s Jewelers in the US and Mappins in Canada, and James Allen, 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 principally under the H.Samuel and Ernest Jones banners. 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.
(in millions) | Fiscal 2019 |  | Fiscal 2018 |  | Fiscal 2017
Sales: |  |  |  |  |
North America segment(1) | $ | 5,641.7 |  |  | $ | 5,615.2 |  |  | $ | 5,743.2 |
International segment | 576.5 |  |  | 616.7 |  |  | 647.1 |
Other | 28.9 |  |  | 21.1 |  |  | 18.1 |
Total sales | $ | 6,247.1 |  |  | $ | 6,253.0 |  |  | $ | 6,408.4 |
Operating income (loss): |  |  |  |  |
North America segment(2) | $ | (621.1 | ) |  | $ | 656.1 |  |  | $ | 789.2 |
International segment(3) | 12.9 |  |  | 33.1 |  |  | 45.6 |
Other(4) | (156.4 | ) |  | (109.3 | ) |  | (71.6 | )
Total operating income (loss) | $ | (764.6 | ) |  | $ | 579.9 |  |  | $ | 763.2 |
Depreciation and amortization: |  |  |  |  |
North America segment | $ | 165.8 |  |  | $ | 183.5 |  |  | $ | 166.4 |
International segment | 17.5 |  |  | 19.1 |  |  | 21.6 |
Other | 0.3 |  |  | 0.8 |  |  | 0.8 |
Total depreciation and amortization | $ | 183.6 |  |  | $ | 203.4 |  |  | $ | 188.8 |
Capital additions: |  |  |  |  |
North America segment | $ | 123.9 |  |  | $ | 219.7 |  |  | $ | 252.2 |
International segment | 9.6 |  |  | 17.6 |  |  | 25.7 |
Other | — |  |  | 0.1 |  |  | 0.1 |
Total capital additions | $ | 133.5 |  |  | $ | 237.4 |  |  | $ | 278.0 |
(1) | Includes sales of $218.3 million, $235.1 million and $234.6 million generated by Canadian operations in Fiscal 2019, Fiscal 2018 and Fiscal 2017, respectively.
(2) | For Fiscal 2019, includes: 1) $731.8 million related to the goodwill and intangible impairments; 2) $52.7 million related to inventory charges recorded in conjunction with the Company’s restructuring activities; and 3) $160.4 million from the valuation losses related to the sale of eligible non-prime in-house accounts receivable. See Note 17, Note 7 and Note 4 for additional information. Fiscal 2018 amount includes $20.7 million gain related to the reversal of the allowance for credit losses for the in-house receivables sold, as well as the $10.2 million gain upon recognition of beneficial interest in connection with the sale of the prime portion of in-house receivables. See Note 4 for additional information.
(3) | Includes $3.8 million related to inventory charges recorded in conjunction with the Company’s restructuring activities. See Note 7 for additional information.
(4) | For Fiscal 2019, Other includes: 1) $69.4 million related to charges recorded in conjunction with the Company’s restructuring activities including inventory charges; 2) $11.0 million related to the resolution of a previously disclosed regulatory matter; 3) $7.0 million representing transaction costs associated with the sale of the non-prime in-house accounts receivable; and 4) $3.6 million of goodwill impairments. See Note 7, Note 26, Note 4 and Note 17 for additional information. For Fiscal 2018, Other includes $29.6 million of transaction costs related to the credit transaction, $8.6 million of R2Net acquisition costs, and $3.4 million of CEO transition costs. See Note 4 and Note 5 for additional information regarding credit transaction and acquisition of R2Net, respectively. For Fiscal 2017, Other includes $28.4 million of integration costs for consulting expenses associated with IT implementations, severance related to organizational changes and expenses associated with the settlement of miscellaneous legal matters pending as of the date of the Zale acquisition.
(in millions) | February 2, 2019 |  | February 3, 2018
Total assets: |  |  |
North America segment | $ | 3,943.0 |  |  | $ | 5,309.0 |
International segment | 367.4 |  |  | 420.3 |
Other | 109.7 |  |  | 110.3 |
Total assets | $ | 4,420.1 |  |  | $ | 5,839.6 |
Total long-lived assets: |  |  |
North America segment | $ | 1,294.2 |  |  | $ | 2,095.5 |
International segment | 64.5 |  |  | 78.3 |
Other | 3.4 |  |  | 7.3 |
Total long-lived assets | $ | 1,362.1 |  |  | $ | 2,181.1 |
Total liabilities: |  |  |
North America segment | $ | 1,753.5 |  |  | $ | 1,951.1 |
International segment | 76.9 |  |  | 98.9 |
Other | 772.8 |  |  | 676.2 |
Total liabilities | $ | 2,603.2 |  |  | $ | 2,726.2 |

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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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