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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Quarterly Financial Information Disclosure [Abstract]    
Schedule of Quarterly Financial Information
 
2016 Quarters Ended*
 
(in millions, except per share amounts)
April 30

July 31

October 31

January 31 a

Net sales
$
891.3

$
931.6

$
949.3

$
1,229.6

Gross profit
545.6

577.1

579.5

788.2

Earnings from operations
134.6

174.9

155.2

256.5

Net earnings
87.5

105.7

95.1

157.8

Net earnings per share:
 
 
 
 
Basic
$
0.69

$
0.84

$
0.76

$
1.27

Diluted
$
0.69

$
0.84

$
0.76

$
1.26

a 
On a pre-tax basis, includes charges for the quarter ended January 31, 2017 of:
i.
$25.4 million, which reduced net earnings per diluted share by $0.13, associated with an impairment charge related to software costs capitalized in connection with the development of a new finished goods inventory management and merchandising information system (see "Note B. Summary of Significant Accounting Policies" and "Note E. Property, Plant and Equipment"); and
ii.
$12.6 million, which reduced net earnings per diluted share by $0.06, associated with impairment charges related to financing arrangements with diamond mining and exploration companies (see "Note B. Summary of Significant Accounting Policies" and "Note J. Commitments and Contingencies").
 
2015 Quarters Ended*
 
(in millions, except per share amounts)
April 30

July 31 b

October 31

January 31 c

Net sales
$
962.4

$
990.5

$
938.2

$
1,213.6

Gross profit
569.0

593.0

564.5

764.8

Earnings from operations
170.0

172.8

156.4

260.9

Net earnings
104.9

104.9

91.0

163.2

Net earnings per share:
 
 
 
 
Basic
$
0.81

$
0.81

$
0.71

$
1.28

Diluted
$
0.81

$
0.81

$
0.70

$
1.28


b 
On a pre-tax basis, includes a charge of $9.6 million for the quarter ended July 31, 2015, which reduced net earnings per diluted share by $0.05, associated with an impairment charge related to a financing arrangement with Koidu Limited (see "Note B. Summary of Significant Accounting Policies" and "Note J. Commitments and Contingencies").
c 
On a pre-tax basis, includes charges for the quarter ended January 31, 2016 of:
i.
$28.3 million, which reduced net earnings per diluted share by $0.14, associated with an impairment charge related to a financing arrangement with Koidu Limited (see "Note B. Summary of Significant Accounting Policies" and "Note J. Commitments and Contingencies"); and
ii.
$8.8 million, which reduced net earnings per diluted share by $0.04, associated with severance related to staffing reductions and subleasing of certain office space for which only a portion of the Company's future rent obligations will be recovered (see "Note J. Commitments and Contingencies").
*
The sum of quarterly amounts may not agree with full year amounts due to rounding.