Revenue recognition (Tables)

12 Months Ended

Feb. 02, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide the Company’s total sales, disaggregated by major product and channel, for Fiscal 2019, Fiscal 2018 and Fiscal 2017:

	Fiscal 2019
(in millions)	North America		International		Other		Consolidated
Sales by product:
Bridal	$	2,478.6	$	234.0	$	—	$	2,712.6
Fashion	2,128.1		126.3		—		2,254.4
Watches	238.2		190.9		—		429.1
Other(1)	796.8		25.3		28.9		851.0
Total sales	$	5,641.7	$	576.5	$	28.9	$	6,247.1
	Fiscal 2018
(in millions)	North America		International		Other		Consolidated
Sales by product:
Bridal	$	2,407.3	$	247.3	$	—	$	2,654.6
Fashion	2,168.2		137.0		—		2,305.2
Watches	243.6		195.5		—		439.1
Other(1)	796.1		36.9		21.1		854.1
Total sales	$	5,615.2	$	616.7	$	21.1	$	6,253.0
	Fiscal 2017
(in millions)	North America		International		Other		Consolidated
Sales by product:
Bridal	$	2,429.0	$	266.6	$	—	$	2,695.6
Fashion	2,190.8		150.9		—		2,341.7
Watches	263.0		199.6		—		462.6
Other(1)	860.4		30.0		18.1		908.5
Total sales	$	5,743.2	$	647.1	$	18.1	$	6,408.4

⁽¹⁾   Other revenue primarily includes gift and other miscellaneous jewelery sales, repairs, warranty and other miscellaneous non-jewelry sales.

	Fiscal 2019
(in millions)	North America		International		Other(2)		Consolidated
Sales by channel:
Store	$	5,022.4	$	513.4	$	—	$	5,535.8
eCommerce(1)	619.3		63.1		—		682.4
Other	—		—		28.9		28.9
Total sales	$	5,641.7	$	576.5	$	28.9	$	6,247.1
	Fiscal 2018
(in millions)	North America		International		Other(2)		Consolidated
Sales by channel:
Store	$	5,176.7	$	557.5	$	—	$	5,734.2
eCommerce(1)	438.5		59.2		—		497.7
Other	—		—		21.1		21.1
Total sales	$	5,615.2	$	616.7	$	21.1	$	6,253.0
	Fiscal 2017
(in millions)	North America		International		Other(2)		Consolidated
Sales by channel:
Store	$	5,432.0	$	595.2	$	—	$	6,027.2
eCommerce(1)	311.2		51.9		—		363.1
Other	—		—		18.1		18.1
Total sales	$	5,743.2	$	647.1	$	18.1	$	6,408.4

⁽¹⁾  North America includes $223.7 million and $88.1 million in Fiscal 2019 and Fiscal 2018, respectively, from James Allen which was acquired during the third quarter of Fiscal 2018. See Note 5 for additional information regarding the acquisition.

⁽²⁾  Other consists of all non-reportable segments that are below the quantifiable threshold for separate disclosure as a reportable segment, including subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones.

Schedule of Other Assets

Unamortized deferred selling costs as of Fiscal 2019 and Fiscal 2018 were as follows:

(in millions)	February 2, 2019		February 3, 2018
Deferred ESP selling costs
Other current assets	$	23.8	$	30.9
Other assets	75.4		89.5
Total deferred ESP selling costs	$	99.2	$	120.4

Summary of Deferred Revenue

Deferred revenue is comprised primarily of ESP and voucher promotions and other as follows:

(in millions)	February 2, 2019		February 3, 2018
ESP deferred revenue	$	927.6	$	916.1
Voucher promotions and other	38.9		41.4
Total deferred revenue	$	966.5	$	957.5
Disclosed as:
Current liabilities	$	270.0	$	288.6
Non-current liabilities	696.5		668.9
Total deferred revenue	$	966.5	$	957.5

(in millions)	Fiscal 2019			Fiscal 2018
ESP deferred revenue, beginning of period	$	916.1		$	905.6
Plans sold(1)	395.0			409.3
Revenue recognized	(383.5		)	(398.8		)
ESP deferred revenue, end of period	$	927.6		$	916.1

⁽¹⁾  Includes impact of foreign exchange translation.