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Goodwill and intangibles (Tables)
9 Months Ended
Oct. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reporting Unit
The following table summarizes the Company’s goodwill by reportable segment:
(in millions)North America
Balance at January 28, 2023 (1)
$751.7 
Acquisitions (2)
2.8 
Balance at October 28, 2023 (1)
$754.5 
(1)    The carrying amount of goodwill is presented net of accumulated impairment losses of $576.0 million as of October 28, 2023 and January 28, 2023.
(2)    The change in goodwill during the period primarily consists of the acquisition of SJR and the finalization of the purchase price allocation of Blue Nile.
Schedule of Finite-Lived Intangible Assets
The following table provides additional detail regarding the composition of intangible assets and liabilities:
October 28, 2023January 28, 2023October 29, 2022
(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 $(9.0)$6.8 $15.8 $(7.6)$8.2 $15.8 $(7.1)$8.7 
Indefinite-lived intangible assets (1)
398.8  398.8 399.2 — 399.2 404.8 — 404.8 
Total intangible assets, net
$414.6 $(9.0)$405.6 $415.0 $(7.6)$407.4 $420.6 $(7.1)$413.5 
Intangible liabilities, net
$(38.0)$34.0 $(4.0)$(38.0)$32.6 $(5.4)$(38.0)$32.2 $(5.8)
(1) The changes in the indefinite-lived intangible asset balances during the periods presented were due to a measurement period adjustment of the Blue Nile trade name 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:
October 28, 2023January 28, 2023October 29, 2022
(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 $(9.0)$6.8 $15.8 $(7.6)$8.2 $15.8 $(7.1)$8.7 
Indefinite-lived intangible assets (1)
398.8  398.8 399.2 — 399.2 404.8 — 404.8 
Total intangible assets, net
$414.6 $(9.0)$405.6 $415.0 $(7.6)$407.4 $420.6 $(7.1)$413.5 
Intangible liabilities, net
$(38.0)$34.0 $(4.0)$(38.0)$32.6 $(5.4)$(38.0)$32.2 $(5.8)
(1) The changes in the indefinite-lived intangible asset balances during the periods presented were due to a measurement period adjustment of the Blue Nile trade name and the impact of foreign currency translation.