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Segment Information
 9 Months Ended
Oct. 29, 2022
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 segment sales and operating income, after the elimination of any inter-segment transactions, to determine resource allocations and performance assessment measures. Signet aggregates operating segments with similar economic and operating characteristics. 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 Company allocates certain support center costs between operating segments, and the remainder of the unallocated costs are included with the corporate and unallocated expenses presented.
The North America reportable segment operates across the US and Canada. Its US stores operate nationally in malls and off-mall locations, as well as online, principally as Kay (Kay Jewelers and Kay Outlet), Zales (Zales Jewelers and Zales Outlet), Jared (Jared The Galleria Of Jewelry and Jared Vault), Diamonds Direct, Blue Nile, James Allen, Banter by Piercing Pagoda, and Rocksbox. Its Canadian stores operate as Peoples Jewellers.
The International reportable segment operates stores in the UK, Republic of Ireland and Channel Islands, as well as online. Its stores operate in shopping malls and off-mall locations (i.e. high street) principally under the H. Samuel and Ernest Jones banners.
The Other reportable segment primarily consists of subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones.
13 weeks ended39 weeks ended
(in millions)October 29, 2022October 30, 2021October 29, 2022October 30, 2021
Sales:
North America segment
$1,464.8 $1,394.2 $4,786.2 $4,657.9 
International segment
95.3 120.9 316.9 309.0 
Other segment
22.6 22.7 72.8 47.8 
Total sales
$1,582.7 $1,537.8 $5,175.9 $5,014.7 
Operating income (loss):
North America segment (1)
$65.4 $123.8 $300.3 $573.1 
International segment
(6.5)0.2 (14.9)(4.0)
Other segment
(0.3)(0.4)4.5 (1.4)
Corporate and unallocated expenses (2)
(10.2)(16.7)(54.5)(66.7)
Total operating income
48.4 106.9 235.4 501.0 
Interest expense, net
(3.6)(4.1)(11.4)(12.4)
Other non-operating expense, net
(2.7)(1.1)(139.6)(0.9)
Income before income taxes$42.1 $101.7 $84.4 $487.7 

(1)    Operating income during the 13 and 39 weeks ended October 29, 2022 includes $5.0 million and $15.2 million, respectively, of cost of sales associated with the fair value step-up of inventory acquired in the Diamonds Direct and Blue Nile acquisitions; and $4.7 million and $7.3 million, respectively of acquisition and integration-related expenses in connection with the Blue Nile acquisition. Operating income during the 39 weeks ended October 29, 2022 includes $190.0 million related to pre-tax litigation charges. See Note 4 and Note 21 for additional information.
Operating income during the 13 and 39 weeks ended October 30, 2021 includes $2.6 million of acquisition-related expenses in connection with the Diamonds Direct acquisition; and $0.7 million and $2.0 million, respectively, of net asset impairments. Operating income during the 39 weeks ended October 30, 2021 includes $1.1 million of transaction-related expenses in connection with the Rocksbox acquisition; $1.4 million of gains associated with the sale of customer in-house finance receivables; and credits of $1.0 million to restructuring expense, primarily related to adjustments to previously recognized restructuring liabilities.
(2)    Operating income during the 13 and 39 weeks ended October 30, 2021 includes credits of $1.7 million and $2.3 million, respectively, to restructuring expense, primarily related to adjustments to previously recognized restructuring liabilities.