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Accounts Receivable, Net (Tables)
 12 Months Ended
Jan. 28, 2017
Receivables [Abstract]  
Accounts Receivable by Portfolio Segment, Net
(in millions)
January 28, 2017
 
January 30, 2016
Accounts receivable by portfolio segment, net:
 
 
 
Sterling Jewelers customer in-house finance receivables
$
1,813.3

 
$
1,725.9

Zale customer in-house finance receivables
33.4

 
13.6

Other accounts receivable
11.3

 
16.9

Total accounts receivable, net
$
1,858.0

 
$
1,756.4
Summary of Allowance for Credit Losses
The allowance for credit losses on Sterling Jewelers customer in-house finance receivables is shown below:
(in millions)
Fiscal 2017
 
Fiscal 2016
 
Fiscal 2015
Beginning balance:
$
(130.0
)
 
$
(113.1
)
 
$
(97.8
)
Charge-offs, net
203.4

 
173.6

 
144.7

Recoveries
35.1

 
35.3

 
27.5

Provision
(247.2
)
 
(225.8
)
 
(187.5
)
Ending balance
$
(138.7
)
 
$
(130.0
)
 
$
(113.1
)
Ending receivable balance evaluated for impairment
1,952.0

 
1,855.9

 
1,666.0

Sterling Jewelers customer in-house finance receivables, net
$
1,813.3

 
$
1,725.9

 
$
1,552.9

 
 
 
 
 
 
Credit Quality Indicator and Age Analysis of Past Due Receivables
The credit quality indicator and age analysis of Sterling Jewelers customer in-house finance receivables are shown below:
   
January 28, 2017
 
January 30, 2016
 
January 31, 2015
(in millions)
Gross
 
Valuation
allowance
 
Gross
 
Valuation
allowance
 
Gross
 
Valuation
allowance
Performing:
 
 
 
 
 
 
 
 
 
 
 
Current, aged 0 – 30 days
$
1,538.2

 
$
(47.2
)
 
$
1,473.0

 
$
(45.4
)
 
$
1,332.2

 
$
(41.1
)
Past due, aged 31 – 60 days
282.0

 
(9.0
)
 
259.6

 
(8.3
)
 
230.2

 
(7.5
)
Past due, aged 61 – 90 days
51.6

 
(2.3
)
 
49.2

 
(2.2
)
 
40.9

 
(1.8
)
Non Performing:
 
 
 
 
 
 
 
 
 
 
 
Past due, aged more than 90 days
80.2

 
(80.2
)
 
74.1

 
(74.1
)
 
62.7

 
(62.7
)
 
$
1,952.0

 
$
(138.7
)
 
$
1,855.9

 
$
(130.0
)
 
$
1,666.0

 
$
(113.1
)
 
January 28, 2017
 
January 30, 2016
 
January 31, 2015
(as a % of the ending receivable balance)
Gross
 
Valuation
allowance
 
Gross
 
Valuation
allowance
 
Gross
 
Valuation
allowance
Performing:
 
 
 
 
 
 
 
 
 
 
 
Current, aged 0 – 30 days
78.8
%
 
3.1
%
 
79.4
%
 
3.1
%
 
80.0
%
 
3.1
%
Past due, aged 31 – 60 days
14.5
%
 
3.2
%
 
14.0
%
 
3.2
%
 
13.8
%
 
3.3
%
Past due, aged 61 – 90 days
2.6
%
 
4.5
%
 
2.6
%
 
4.5
%
 
2.4
%
 
4.4
%
Non Performing:
 
 
 
 
 
 
 
 
 
 
 
Past due, aged more than 90 days
4.1
%
 
100.0
%
 
4.0
%
 
100.0
%
 
3.8
%
 
100.0
%
 
100.0
%
 
7.1
%
 
100.0
%
 
7.0
%
 
100.0
%
 
6.8
%