Segment information (Tables)

12 Months Ended

Feb. 01, 2020

Segment Reporting Information, By Segment



(in millions)	Fiscal 2020			Fiscal 2019			Fiscal 2018
Sales:
North America segment⁽¹⁾	$	5,565.8		$	5,641.7		$	5,615.2
International segment	518.0			576.5			616.7
Other	53.3			28.9			21.1
Total sales	$	6,137.1		$	6,247.1		$	6,253.0

Operating income (loss):
North America segment⁽²⁾	$	327.0		$	(621.1	)	$	656.1
International segment⁽³⁾	16.0			12.9			33.1
Other⁽⁴⁾	(184.7		)	(156.4		)	(109.3		)
Total operating income (loss)	158.3			(764.6		)	579.9
Interest expense	(35.6		)	(39.7		)	(52.7		)
Other non-operating income, net	7.0			1.7			—
Income (loss) before income taxes	$	129.7		$	(802.6	)	$	527.2

Depreciation and amortization:
North America segment	$	159.9		$	165.8		$	183.5
International segment	17.8			17.5			19.1
Other	0.3			0.3			0.8
Total depreciation and amortization	$	178.0		$	183.6		$	203.4

Capital additions:
North America segment	$	128.3		$	123.9		$	219.7
International segment	8.0			9.6			17.6
Other	—			—			0.1
Total capital additions	$	136.3		$	133.5		$	237.4


⁽¹⁾	Includes sales of $204.6 million, $218.3 million and $235.1 million generated by Canadian operations in Fiscal 2020, Fiscal 2019 and Fiscal 2018, respectively.


⁽²⁾	Fiscal 2020 includes $47.7 million related to an immaterial out-of-period goodwill adjustment and $6.0 million related to inventory charges recorded in conjunction with the Company’s restructuring activities. See Note 18 and Note 7 for additional information.

Fiscal 2019 includes: 1) $731.8 million related to goodwill and intangible impairments; 2) $52.7 million related to inventory charges recorded in conjunction with the Company’s restructuring activities; and 3) $160.4 million from the valuation losses related to the sale of eligible non-prime in-house accounts receivable. See Note 18, Note 7 and Note 4 for additional information.

Fiscal 2018 amount includes a gain of $20.7 million related to the reversal of the allowance for credit losses for the in-house receivables sold, as well as the $10.2 million gain upon recognition of beneficial interest in connection with the sale of the prime portion of in-house receivables. See Note 4 for additional information.


⁽³⁾	Fiscal 2019 includes $3.8 million related to inventory charges recorded in conjunction with the Company’s restructuring activities. See Note 7 for additional information.


⁽⁴⁾	Fiscal 2020 includes $73.1 million related to charges recorded in conjunction with the Company’s restructuring activities including inventory charges and $33.2 million related to the proposed settlement of a previously disclosed shareholder litigation matter. See Note 7 and Note 27 for additional information.

Fiscal 2019 includes: 1) $69.4 million related to charges recorded in conjunction with the Company’s restructuring activities including inventory charges; 2) $11.0 million related to the resolution of a previously disclosed regulatory matter; 3) $7.0 million representing transaction costs associated with the sale of the non-prime in-house accounts receivable; and 4) $3.6 million of goodwill impairment. See Note 7, Note 27, Note 4 and Note 18 for additional information.

Fiscal 2018 includes: 1) $29.6 million of transaction costs related to the credit transaction; 2) $8.6 million of R2Net acquisition costs; and 3) $3.4 million of CEO transition costs. See Note 4 and Note 5 for additional information regarding credit transaction and acquisition of R2Net, respectively.



(in millions)	February 1, 2020		February 2, 2019
Total assets:
North America segment	$	5,240.2	$	3,943.0
International segment	546.4		367.4
Other	512.5		109.7
Total assets	$	6,299.1	$	4,420.1

Total long-lived assets:
North America segment	$	1,196.7	$	1,294.2
International segment	54.6		64.5
Other	3.2		3.4
Total long-lived assets	$	1,254.5	$	1,362.1