XML 55 R43.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Intangibles (Tables) | 3 Months Ended
--- | ---
Apr. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Goodwill by Reporting Unit | The following table summarizes the Company’s goodwill by reportable segment:
(in millions) |  | North America |  |  |  |  |  |
Balance at January 29, 2022 (1) |  | $ | 484.6 |  |  |  |  |  |  |
Acquisitions (2) |  | 1.8 |  |  |  |  |  |  |
Balance at April 30, 2022 (1) |  | $ | 486.4 |  |  |  |  |  |  |
(1) The carrying amount of goodwill is presented net of accumulated impairment losses of $576.0 million as of April 30, 2022 and January 29, 2022. (2) The change in goodwill during the period primarily represents an increase related to the finalization of the purchase price consideration of Diamonds Direct. Refer to Note 4 for additional information.
Schedule of Finite-Lived Intangible Assets | The following table provides additional detail regarding the composition of intangible assets and liabilities:
|  | April 30, 2022 |  | January 29, 2022 |  | May 1, 2021
(in millions) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Intangible assets, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Definite-lived intangible assets |  | $ | 15.8 |  |  | $ | (5.9) |  |  | $ | 9.9 |  |  | $ | 15.8 |  |  | $ | (5.3) |  |  | $ | 10.5 |  |  | $ | 17.1 |  |  | $ | (4.6) |  |  | $ | 12.5 |
Indefinite-lived intangible assets (1) |  | 303.6 |  |  | — |  |  | 303.6 |  |  | 303.7 |  |  | — |  |  | 303.7 |  |  | 178.1 |  |  | — |  |  | 178.1 |
Total intangible assets, net |  | $ | 319.4 |  |  | $ | (5.9) |  |  | $ | 313.5 |  |  | $ | 319.5 |  |  | $ | (5.3) |  |  | $ | 314.2 |  |  | $ | 195.2 |  |  | $ | (4.6) |  |  | $ | 190.6 |
Intangible liabilities, net |  | $ | (38.0) |  |  | $ | 31.3 |  |  | $ | (6.7) |  |  | $ | (38.0) |  |  | $ | 30.8 |  |  | $ | (7.2) |  |  | $ | (38.0) |  |  | $ | 29.0 |  |  | $ | (9.0) |
(1) The change in the indefinite-lived intangible asset balances during the periods presented was due to the addition of Diamonds Direct trade name of $126.0 million and the impact of foreign currency translation.
Schedule of Indefinite-Lived Intangible Assets | The following table provides additional detail regarding the composition of intangible assets and liabilities:
|  | April 30, 2022 |  | January 29, 2022 |  | May 1, 2021
(in millions) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Intangible assets, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Definite-lived intangible assets |  | $ | 15.8 |  |  | $ | (5.9) |  |  | $ | 9.9 |  |  | $ | 15.8 |  |  | $ | (5.3) |  |  | $ | 10.5 |  |  | $ | 17.1 |  |  | $ | (4.6) |  |  | $ | 12.5 |
Indefinite-lived intangible assets (1) |  | 303.6 |  |  | — |  |  | 303.6 |  |  | 303.7 |  |  | — |  |  | 303.7 |  |  | 178.1 |  |  | — |  |  | 178.1 |
Total intangible assets, net |  | $ | 319.4 |  |  | $ | (5.9) |  |  | $ | 313.5 |  |  | $ | 319.5 |  |  | $ | (5.3) |  |  | $ | 314.2 |  |  | $ | 195.2 |  |  | $ | (4.6) |  |  | $ | 190.6 |
Intangible liabilities, net |  | $ | (38.0) |  |  | $ | 31.3 |  |  | $ | (6.7) |  |  | $ | (38.0) |  |  | $ | 30.8 |  |  | $ | (7.2) |  |  | $ | (38.0) |  |  | $ | 29.0 |  |  | $ | (9.0) |
(1) The change in the indefinite-lived intangible asset balances during the periods presented was due to the addition of Diamonds Direct trade name of $126.0 million and the impact of foreign currency translation.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration