Acquisitions (Tables)

12 Months Ended

Jan. 28, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Estimated Fair Value of Assets and Liabilities Assumed

The following table presents the estimated fair value of the assets acquired and liabilities assumed from Diamonds Direct at the date of acquisition:

(in millions)
Inventories	$	229.1
Property, plant and equipment	32.3
Operating lease right-of-use assets	56.9
Intangible assets	126.0
Other assets	6.8
Identifiable assets acquired	451.1
Accounts payable	46.8
Deferred revenue	36.0
Operating lease liabilities	57.6
Deferred taxes	31.2
Other liabilities	27.6
Liabilities assumed	199.2
Identifiable net assets acquired	251.9
Goodwill	251.2
Net assets acquired	$	503.1

The following table presents the preliminary estimated fair value of the assets acquired and liabilities assumed from Blue Nile at the date of acquisition:

(in millions)
Inventories	$	86.4
Property, plant and equipment	33.1
Operating lease right-of-use assets	39.1
Intangible assets	96.0
Other assets	20.1
Identifiable assets acquired	274.7
Accounts payable	73.2
Deferred revenue	14.2
Operating lease liabilities	38.5
Other liabilities	16.9
Liabilities assumed	142.8
Identifiable net assets acquired	131.9
Goodwill	258.0
Net assets acquired	$	389.9