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Warranty reserve
3 Months Ended
May 05, 2018
Other Liabilities Disclosure [Abstract]  
Warranty reserve
Warranty reserve
Specific mechandise sold by banners within the North America segment includes a product lifetime diamond or colored gemstone guarantee as long as six-month inspections are performed and certified by an authorized store representative. Provided the customer has complied with the six-month inspection policy, the Company will replace, at no cost to the customer, any stone that chips, breaks or is lost from its original setting during normal wear. Management estimates the warranty accrual based on the lag of actual claims experience and the costs of such claims, inclusive of labor and material. The warranty reserve for diamond and gemstone guarantee, included in accrued expenses and other current liabilities and other non-current liabilities, is as follows:
 
 
13 weeks ended
(in millions)
 
May 5, 2018
 
April 29, 2017
Warranty reserve, beginning of period
 
$
37.2

 
$
40.0

Warranty expense
 
1.4

 
2.3

Utilized(1)
 
(3.0
)
 
(3.1
)
Warranty reserve, end of period
 
$
35.6

 
$
39.2


(1)  
Includes impact of foreign exchange translation.
(in millions)
May 5, 2018
 
February 3, 2018
 
April 29, 2017
Disclosed as:
 
 
 
 
 
Current liabilities
$
11.0

 
$
11.5

 
$
12.6

Non-current liabilities
24.6

 
25.7

 
26.6

Total warranty reserve
$
35.6

 
$
37.2

 
$
39.2