17. SEGMENTS

We report our operations under three business segments: Fine Jewelry, Kiosk Jewelry and All Other (see Note 1). All corresponding items of segment information in prior periods have been presented consistently. Management's expectation is that overall economics of each of our major brands within each reportable segment will be similar over time.

We use earnings before unallocated corporate overhead, interest and taxes but include an internal charge for inventory carrying cost to evaluate segment profitability. Unallocated costs before income taxes include corporate employee-related costs, administrative costs, information technology costs, corporate facilities costs and depreciation and amortization. Income tax information by segment is not included as taxes are calculated at a company-wide level and not allocated to each segment.

	Year Ended July 31,

Selected Financial Data by Segment	2013			2012			2011
	(amounts in thousands)
Revenues:
Fine Jewelry(a)	$	1,637,359		$	1,617,684		$	1,493,294
Kiosk		239,722			238,692			239,231
All Other		10,935			10,502			10,038

Total revenues	$	1,888,016		$	1,866,878		$	1,742,563

Depreciation and amortization:
Fine Jewelry	$	22,230		$	23,924		$	28,009
Kiosk		2,694			3,153			3,361
All Other		—			—			—
Unallocated		8,846			10,810			9,956

Total depreciation and amortization	$	33,770		$	37,887		$	41,326

Operating earnings (loss):
Fine Jewelry(b)	$	49,112		$	31,464		$	(15,875	)
Kiosk		15,915			14,850			15,270
All Other		5,226			5,091			5,184
Unallocated(c)		(35,135	)		(32,287	)		(32,445	)

Total operating earnings (loss)	$	35,118		$	19,118		$	(27,866	)

Assets(d):
Fine Jewelry(e)	$	852,308		$	821,427		$	807,771
Kiosk		73,975			85,828			85,999
All Other		27,725			38,110			40,406
Unallocated		233,247			235,103			254,582

Total assets	$	1,187,255		$	1,180,468		$	1,188,758

Capital expenditures:
Fine Jewelry	$	16,513		$	13,843		$	8,818
Kiosk		546			—			—
All Other		—			—			—
Unallocated		5,970			5,932			6,497

Total capital expenditures	$	23,029		$	19,775		$	15,315

(a): Includes $316.9 million, $313.0 million and $298.1 million in fiscal years 2013, 2012 and 2011, respectively, related to foreign operations. In addition, fiscal year 2012 includes a $34.9 million adjustment as a result of a change in the revenue recognition related to lifetime warranties.
(b): Includes $1.4 million, $2.0 million and $7.0 million in fiscal years 2013, 2012 and 2011, respectively, related to charges associated with store closures and store impairments. In addition, fiscal year 2012 includes $34.9 million of additional earnings as a result of a change in the revenue recognition related to lifetime warranties.
(c): Includes credits of $63.4 million, $58.9 million and $50.8 million in fiscal years 2013, 2012 and 2011, respectively, to offset internal carrying costs charged to the segments. Fiscal year 2013 also includes a gain totaling $2.2 million related to the De Beers group settlement.
(d): Assets allocated to segments include fixed assets, inventories, goodwill and investments held by our insurance operations. Unallocated assets include cash, prepaid assets such as rent, corporate office improvements and technology infrastructure.
(e): Includes $31.2 million, $31.3 million and $33.4 million of fixed assets in fiscal years 2013, 2012 and 2011, respectively, related to foreign operations.