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Segment information
 6 Months Ended
Jul. 29, 2017
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’s sales are derived from the retailing of jewelry, watches, other products and services as generated through the management of its five reportable segments: the Sterling Jewelers division, the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments, the UK Jewelry division and Other.
The Sterling Jewelers division operates in all 50 US states. Its stores operate nationally in malls and off-mall locations principally as Kay (Kay Jewelers and Kay Jewelers Outlet) and Jared (Jared The Galleria Of Jewelry and Jared Vault). The division also operates a variety of mall-based regional brands.
The Zale division operates jewelry stores (Zale Jewelry) and kiosks (Piercing Pagoda), located primarily in shopping malls throughout the US, Canada and Puerto Rico. Zale Jewelry includes the US store brand Zales (Zales Jewelers and Zales Outlet), which operates in all 50 US states, and the Canadian store brand Peoples Jewellers, which operates in nine provinces. The division also operates the Gordon’s Jewelers and Mappins regional brands. Piercing Pagoda operates through mall-based kiosks.
The UK Jewelry division 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, including subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones, that are below the quantifiable threshold for separate disclosure as a reportable segment and unallocated corporate administrative functions.
 
13 weeks ended
 
26 weeks ended
(in millions)
July 29, 2017
 
July 30, 2016
 
July 29, 2017
 
July 30, 2016
Sales:
 
 
 
 
 
 
 
Sterling Jewelers
$
868.1

 
$
839.4

 
$
1,739.1

 
$
1,819.8

Zale Jewelry
331.8

 
331.0

 
665.5

 
712.4

Piercing Pagoda
62.3

 
57.0

 
132.0

 
126.0

UK Jewelry
131.9

 
145.2

 
254.4

 
289.2

Other
5.5

 
0.8

 
12.0

 
4.9

Total sales
$
1,399.6

 
$
1,373.4

 
$
2,803.0

 
$
2,952.3

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Sterling Jewelers
$
159.4

(1) 
$
140.9

 
$
288.9

(1) 
$
339.2

Zale Jewelry
1.2

 
0.5

 
3.3

 
18.8

Piercing Pagoda
1.0

 
(0.2
)
 
4.2

 
7.6

UK Jewelry
2.3

 
1.7

 
(0.2
)
 
3.0

Other
(28.3
)
(2) 
(23.0
)
 
(45.3
)
(2) 
(36.7
)
Total operating income
$
135.6

 
$
119.9

 
$
250.9

 
$
331.9


(1) 
Includes $20.7 million gain on assets held for sale related to the reversal of the allowance for credit losses. See Note 3 for additional information.
(2) 
Includes $5.9 million of transaction costs related to the credit transaction (see Note 3) and $4.7 million of CEO separation and R2Net acquisition costs.
(in millions)
July 29, 2017
 
January 28, 2017
 
July 30, 2016
Total assets:
 
 
 
 
 
Sterling Jewelers
$
3,807.1

 
$
4,015.4

 
$
3,699.5

Zale Jewelry
1,878.4

 
1,940.7

 
1,931.1

Piercing Pagoda
140.8

 
141.6

 
138.4

UK Jewelry
384.8

 
372.6

 
392.3

Other
102.7

 
127.5

 
136.7

Total assets
$
6,313.8

 
$
6,597.8

 
$
6,298.0