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SEGMENTS
 9 Months Ended
Apr. 30, 2014
SEGMENTS  
SEGMENTS

9. 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.

 
   Three Months Ended
April 30,		   Nine Months Ended
April 30,		  
Selected Financial Data by Segment
  2014   2013   2014   2013  
 
   (amounts in thousands)
  

Revenues:

                          

Fine Jewelry(a)

   $ 367,695   $ 378,476   $ 1,262,214   $ 1,275,744  

Kiosk

     60,396     61,375     179,396     187,098  

All Other

     2,938     2,857     8,482     8,085  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total revenues

   $ 431,029   $ 442,708   $ 1,450,092   $ 1,470,927  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Depreciation and amortization:

                          

Fine Jewelry

   $ 4,750   $ 5,231   $ 14,763   $ 16,145  

Kiosk

     496     652     1,589     2,080  

All Other

     —     —     —     —  

Unallocated

     1,957     2,248     5,973     6,940  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total depreciation and amortization

   $ 7,203   $ 8,131   $ 22,325   $ 25,165  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Operating earnings:

                          

Fine Jewelry

   $ 19,487   $ 11,974   $ 65,758   $ 42,984  

Kiosk

     8,993     5,321     17,060     14,085  

All Other

     1,293     1,403     3,794     3,309  

Unallocated(b)

     (15,856 )   (8,770 )   (35,205 )   (22,180 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total operating earnings

   $ 13,917   $ 9,928   $ 51,407   $ 38,198  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
(a)
Includes $59.0 million and $63.6 million for the three months ended April 30, 2014 and 2013, respectively, and $233.1 million and $247.0 million for the nine months ended April 30, 2014 and 2013, respectively, related to foreign operations.

(b)
Includes credits of $16.1 million and $16.0 million for the three months ended April 30, 2014 and 2013, respectively, and $49.0 million and $48.0 million for the nine months ended April 30, 2014 and 2013, respectively, to offset internal carrying costs charged to the segments. Also includes a gain totaling $0.3 million and $2.2 million related to the De Beers settlement received during the three and nine months ended April 30, 2013, respectively.