Goodwill and intangibles (Tables)

6 Months Ended

Aug. 02, 2014

Summary of Goodwill by Reporting Unit

The following table summarizes the Company’s goodwill by reporting unit:

(in millions)	Sterling Jewelers			UK Jewelry		Zale Jewelry		Piercing Pagoda		Other		Total
Balance at February 2, 2013	$	24.6		$	—	$	—	$	—	$	—	$	24.6
Acquisitions(1)		(1.4	)		—		—		—		3.6		2.2
Balance at February 1, 2014		23.2			—		—		—		3.6		26.8
Acquisitions(1)		—			—		525.1		—		—		525.1
Balance at August 2, 2014	$	23.2		$	—	$	525.1	$	—	$	3.6	$	551.9

(1) See Note 20 for additional discussion of the goodwill recorded by the Company during Fiscal 2014 and Fiscal 2015.

Additional Detail Regarding Composition of Indefinite Lived Trade Name

The following table provides additional detail regarding the composition of intangible assets as of August 2, 2014, February 1, 2014 and August 3, 2013.

	August 2, 2014							February 1, 2014						August 3, 2013
	Gross carrying amount		Accumulated amortization			Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
(in millions)
Definite-lived intangible assets
Trade names	$	1.6	$	—		$	1.6	$	—	$	—	$	—	$	—	$	—	$	—
Favorable leases		50.2		(2.4	)		47.8		—		—		—		—		—		—
Total definite-lived intangible assets		51.8		(2.4	)		49.4		—		—		—		—		—		—
Indefinite-lived trade names		418.2		—			418.2		—		—		—		—		—		—
Total intangible assets, net	$	470.0	$	(2.4	)	$	467.6	$	—	$	—	$	—	$	—	$	—	$	—

Additional Detail Regarding Composition of Finite Lived Trade Name

The following table provides additional detail regarding the composition of intangible assets as of August 2, 2014, February 1, 2014 and August 3, 2013.

	August 2, 2014							February 1, 2014						August 3, 2013
	Gross carrying amount		Accumulated amortization			Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
(in millions)
Definite-lived intangible assets
Trade names	$	1.6	$	—		$	1.6	$	—	$	—	$	—	$	—	$	—	$	—
Favorable leases		50.2		(2.4	)		47.8		—		—		—		—		—		—
Total definite-lived intangible assets		51.8		(2.4	)		49.4		—		—		—		—		—		—
Indefinite-lived trade names		418.2		—			418.2		—		—		—		—		—		—
Total intangible assets, net	$	470.0	$	(2.4	)	$	467.6	$	—	$	—	$	—	$	—	$	—	$	—