Revenue recognition (Tables)

3 Months Ended

May 05, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide the Company’s revenue, disaggregated by major product and channel, for the 13 weeks ended May 5, 2018 and April 29, 2017:

	13 weeks ended May 5, 2018								13 weeks ended April 29, 2017
(in millions)	North America		International		Other		Consolidated		North America		International		Other		Consolidated
Sales by product:
Bridal	$	617.9	$	55.6	$	—	$	673.5	$	562.9	$	53.1	$	—	$	616.0
Fashion	461.1		25.9		—		487.0		450.9		25.8		—		476.7
Watches	52.2		39.1		—		91.3		51.5		36.5		—		88.0
Other(1)	216.6		8.1		4.1		228.8		209.1		7.1		6.5		222.7
Total sales	$	1,347.8	$	128.7	$	4.1	$	1,480.6	$	1,274.4	$	122.5	$	6.5	$	1,403.4

⁽¹⁾   Other revenue primarily includes gift and other miscellaneous jewelery sales, repairs, warranty and other miscellaneous non-jewelry sales.

	13 weeks ended May 5, 2018								13 weeks ended April 29, 2017
(in millions)	North America		International		Other		Consolidated		North America		International		Other		Consolidated
Sales by channel:
Store	$	1,213.7	$	116.3	$	4.1	$	1,334.1	$	1,203.3	$	112.6	$	6.5	$	1,322.4
E-commerce(1)	134.1		12.4		—		146.5		71.1		9.9		—		81.0
Total sales	$	1,347.8	$	128.7	$	4.1	$	1,480.6	$	1,274.4	$	122.5	$	6.5	$	1,403.4

⁽¹⁾  North America includes $53.3 million in the 13 weeks ended May 5, 2018 from James Allen which was acquired during the third quarter of Fiscal 2018. See Note 5 for additional information regarding the acquisition.

Other Assets

Unamortized deferred selling costs as of May 5, 2018, February 3, 2018 and April 29, 2017 were as follows:

(in millions)	May 5, 2018		February 3, 2018		April 29, 2017
Deferred ESP selling costs
Other current assets	$	30.6	$	30.9	$	29.6
Other assets	89.2		89.5		86.7
Total deferred ESP selling costs	$	119.8	$	120.4	$	116.3

Deferred Revenue

Deferred revenue is comprised primarily of ESP and sale voucher promotions and other as follows:

(in millions)	May 5, 2018		February 3, 2018		April 29, 2017
ESP deferred revenue	$	913.5	$	916.1	$	903.7
Voucher promotions and other	38.9		41.4		27.0
Total deferred revenue	$	952.4	$	957.5	$	930.7
Disclosed as:
Current liabilities	$	284.9	$	288.6	$	272.1
Non-current liabilities	667.5		668.9		658.6
Total deferred revenue	$	952.4	$	957.5	$	930.7

	13 weeks ended
(in millions)	May 5, 2018			April 29, 2017
ESP deferred revenue, beginning of period	$	916.1		$	905.6
Plans sold(1)	96.0			96.6
Revenue recognized	(98.6		)	(98.5		)
ESP deferred revenue, end of period	$	913.5		$	903.7

⁽¹⁾  Includes impact of foreign exchange translation.