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Common Shares, Treasury Shares, Reserves and Dividends (Tables)
12 Months Ended
Feb. 03, 2018
Class of Stock [Line Items]  
Class of Treasury Stock
The share repurchase activity is outlined in the table below:
 
 
 
Fiscal 2018
 
Fiscal 2017
 
Fiscal 2016
(in millions, expect per share amounts)
Amount
authorized
 
Shares
repurchased
 
Amount
repurchased
 
Average
repurchase
price per
share
 
Shares
repurchased
 
Amount
repurchased
 
Average
repurchase
price per
share
 
Shares
repurchased
 
Amount
repurchased
 
Average
repurchase
price per
share
2016 Program(1)
$
1,375.0

 
8.1

 
$
460.0

 
$
56.91

 
10.0

 
$
864.4

 
$
86.40

 
n/a

 
n/a

 
n/a

2013 Program(2)
$
350.0

 
n/a

 
n/a

 
n/a

 
1.2

 
$
135.6

 
$
111.26

 
1.0

 
$
130.0

 
$
127.63

Total
 
 
8.1

 
$
460.0

 
$
56.91

 
11.2

 
$
1,000.0

 
$
89.10

 
1.0

 
$
130.0

 
$
127.63

(1) 
The 2016 Program had $50.6 million remaining as of February 3, 2018.
(2) 
The 2013 Program was completed in May 2016.
n/a
Not applicable.
Schedule of Dividends
 
Fiscal 2018
 
Fiscal 2017
 
Fiscal 2016
(in millions, except per share amounts)
Cash dividend
per share
 
Total
dividends
 
Cash dividend
per share
 
Total
dividends
 
Cash dividend
per share
 
Total
dividends
First quarter
$
0.31

 
$
21.3

 
$
0.26

 
$
20.4

 
$
0.22

 
$
17.6

Second quarter
0.31

 
18.7

 
0.26

 
19.7

 
0.22

 
17.6

Third quarter
0.31

 
18.7

 
0.26

 
18.1

 
0.22

 
17.5

Fourth quarter
0.31

 
18.8

(1) 
0.26

 
17.7

(1) 
0.22

 
17.5

Total
$
1.24

 
$
77.5

 
$
1.04

 
$
75.9

 
$
0.88

 
$
70.2

(1) 
Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of February 3, 2018 and January 28, 2017, $18.8 million and $17.7 million, respectively, has been recorded in accrued expenses and other current liabilities in the consolidated balance sheets reflecting the cash dividends declared for the fourth quarter of Fiscal 2018 and Fiscal 2017, respectively.
Series A Redeemable Convertible Preferred Stock  
Class of Stock [Line Items]  
Schedule of Dividends
 
Fiscal 2018
 
Fiscal 2017
(in millions)
Total cash
dividends
 
Total cash
dividends
First quarter
$
7.8

 
$

Second quarter
7.8

 

Third quarter
7.8

 

Fourth quarter(1)
7.8

 
11.3

Total
$
31.2

 
$
11.3

(1) 
Signet’s preferred shares dividends results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of February 3, 2018 and January 28, 2017, $7.8 million and $11.3 million, respectively, has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on preferred shares declared for the fourth quarter of Fiscal 2018 and Fiscal 2017, respectively.