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Segment information
 6 Months Ended
Aug. 03, 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. Signet manages its business as three reportable segments: North America; International; 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), Zales (Zales Jewelers and Zales Outlet), Jared (Jared The Galleria Of Jewelry and Jared Vault), James Allen 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.
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 (i.e. high street) principally as H.Samuel and Ernest Jones.
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.
 
13 weeks ended
 
26 weeks ended
(in millions)
August 3, 2019
 
August 4, 2018
 
August 3, 2019
 
August 4, 2018
Sales:
 
 
 
 
 
 
 
North America segment
$
1,241.0

 
$
1,286.7

 
$
2,541.3

 
$
2,634.5

International segment
113.9

 
131.5

 
225.4

 
260.2

Other
9.5

 
1.9

 
29.4

 
6.0

Total sales
$
1,364.4

 
$
1,420.1

 
$
2,796.1

 
$
2,900.7

 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
North America segment(1)
$
24.2

 
$
(4.2
)
 
$
72.3

 
$
(541.5
)
International segment(2)
(1.0
)
 
(6.1
)
 
(9.0
)
 
(13.7
)
Other(3)
(45.6
)
 
(47.8
)
 
(88.3
)
 
(77.1
)
Total operating income (loss)
$
(22.4
)
 
$
(58.1
)
 
$
(25.0
)
 
$
(632.3
)
(1) 
Operating income (loss) during the 13 and 26 weeks ended August 3, 2019 includes a $47.7 million out-of-period goodwill adjustment. In addition, operating income (loss) during the 13 and 26 weeks ended August 3, 2019 includes $1.7 million and $1.2 million, respectively, related to inventory charges recorded in conjunction with the Company’s restructuring activities. Operating income (loss) during the 13 weeks and 26 weeks ended August 4, 2018 includes: 1) $53.7 million related to inventory charges recorded in conjunction with the Company’s restructuring activities; and 2) $19.4 million and $160.4 million, respectively, related to valuation losses associated with the sale of eligible non-prime in-house accounts receivable. The 26 weeks ended August 4, 2018 also included $448.7 million related to goodwill and intangible impairments recognized in the first quarter.
(2) 
Operating income (loss) during the 13 and 26 weeks ended August 4, 2018 includes $3.8 million related to inventory charges recorded in conjunction with the Company’s restructuring activities.
(3) 
Operating income (loss) during the 13 and 26 weeks ended August 3, 2019 include charges of $26.1 million, and $53.4 million, respectively, related to charges recorded in conjunction with the Company’s restructuring activities including inventory charges. Operating income (loss) during the 13 and 26 weeks ended August 4, 2018 includes $4.5 million and $6.6 million, respectively, related to transaction costs associated with the sale of the non-prime in-house accounts receivable and $25.3 million and $31.8 million, respectively, related to charges recorded in conjunction with the Company’s restructuring activities including inventory charges.
For additional information on the items discussed above, see Note 5 related to the Company’s restructuring activities, Note 11 for details regarding the credit transaction and Note 14 regarding impairment charges.
(in millions)
August 3, 2019
 
February 2, 2019
 
August 4, 2018
Total assets:
 
 
 
 
 
North America segment
$
5,226.8

 
$
3,943.0

 
$
4,171.9

International segment
521.1

 
367.4

 
366.6

Other
217.7

 
109.7

 
202.3

Total assets
$
5,965.6

 
$
4,420.1

 
$
4,740.8