XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders' equity (Tables)
3 Months Ended
Apr. 29, 2017
Equity [Abstract]  
Class of Treasury Stock
Common shares repurchased during the 13 weeks ended April 29, 2017 and April 30, 2016 were as follows:
 
 
 
13 weeks ended April 29, 2017
 
13 weeks ended April 30, 2016
(in millions, except per share amounts)
Amount
authorized
 
Shares
repurchased
 
Amount
repurchased
 
Average
repurchase
price per
share
 
Shares
repurchased
 
Amount
repurchased
 
Average
repurchase
price per
share
2016 Program(1)
$
1,375.0

 

 
$

 
$

 

 
$

 
$

2013 Program(2)
$
350.0

 
n/a

 
n/a

 
n/a

 
1.1

 
$
125.0

 
$
111.45

Total
 
 

 
$

 
$

 
1.1

 
$
125.0

 
$
111.45

(1) 
The 2016 Program had $510.6 million remaining as of April 29, 2017.
(2) 
The 2013 Program was completed in May 2016.
n/a
Not applicable.
Schedule of Dividends
 
Fiscal 2018
 
Fiscal 2017
(in millions, except per share amounts)
Cash dividend per share
 
Total
dividends
 
Cash dividend
per share
 
Total
dividends
First quarter
$
0.31

 
$
21.3

 
$
0.26

 
$
20.4

(1) 
Signet’s dividend policy for common shares results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of April 29, 2017 and April 30, 2016, $21.3 million and $20.4 million, respectively, has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on common shares declared for the first quarter of Fiscal 2018 and Fiscal 2017, respectively.