Signet Jewelers Limited (SIG) 10-Q 1 Jun 17 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 29, 2017	May 26, 2017
Document And Entity Information [Abstract]
Document type	10-Q
Amendment flag	false
Document period end date	Apr. 29, 2017
Document fiscal year focus	2,018
Document fiscal period focus	Q1
Trading symbol	SIG
Entity registrant name	SIGNET JEWELERS LTD
Entity Central Index Key	832,988
Current Fiscal Year End Date	--01-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares outstanding		68,413,782

Condensed Consolidated Income S

Condensed Consolidated Income Statements (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Income Statement [Abstract]
Sales	$ 1,403.4	$ 1,578.9
Cost of sales	(912.2)	(978.5)
Gross margin	491.2	600.4
Selling, general and administrative expenses	(452.8)	(462.7)
Other operating income, net	76.9	74.3
Operating income	115.3	212
Interest expense, net	(12.6)	(11.8)
Income before income taxes	102.7	200.2
Income taxes	(24.2)	(53.4)
Net income	78.5	146.8
Dividends on redeemable convertible preferred shares	(8.2)	0
Net income attributable to common shareholders	$ 70.3	$ 146.8
Earnings per common share:
Earnings per share: basic (usd per share)	$ 1.03	$ 1.87
Earnings per share: diluted (usd per share)	$ 1.03	$ 1.87
Weighted average common shares outstanding:
Weighted average common shares outstanding: basic (shares)	68.1	78.6
Weighted average common shares outstanding: diluted (shares)	68.2	78.7
Dividends declared per common share (usd per share)	$ 0.31	$ 0.26

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Pre-tax amount
Foreign currency translation adjustments	$ 0.5	$ 30.8
Available-for-sale securities:
Unrealized loss on securities, net	0.3	0.4
Cash flow hedges:
Unrealized gain	4.5	5.9
Reclassification adjustment for (gains) losses to net income	(1.9)	1.6
Pension plan:
Reclassification adjustment to net income for amortization of actuarial losses	0.7	0.4
Reclassification adjustment to net income for amortization of prior service credits	(0.4)	(0.5)
Total other comprehensive income	3.7	38.6
Tax (expense) benefit
Foreign currency translation adjustments	0	0
Available-for-sale securities:
Unrealized gain	(0.1)	(0.2)
Cash flow hedges:
Unrealized gain	(1.8)	(2.3)
Reclassification adjustment for (gains) losses to net income	0.5	(0.5)
Pension plan:
Reclassification adjustment to net income for amortization of actuarial losses	(0.1)	(0.1)
Reclassification adjustment to net income for amortization of prior service credits	0.1	0.1
Total other comprehensive income	(1.4)	(3)
After-tax amount
Net income	78.5	146.8
Foreign currency translation adjustments	0.5	30.8
Available-for-sale securities:
Unrealized gain	0.2	0.2
Cash flow hedges:
Unrealized gain	2.7	3.6
Reclassification adjustment for (gains) losses to net income	(1.4)	1.1
Pension plan:
Reclassification adjustment to net income for amortization of actuarial losses	0.6	0.3
Reclassification adjustment to net income for amortization of prior service credits	(0.3)	(0.4)
Total other comprehensive income	2.3	35.6
Total comprehensive income	$ 80.8	$ 182.4

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Current assets:
Cash and cash equivalents	$ 99.7	$ 98.7	$ 113
Accounts receivable, net	1,726.3	1,858	1,689.3
Other receivables	88.6	95.9	63.7
Other current assets	159	136.3	161.2
Income taxes	1.8	4.4	1.4
Inventories	2,432.4	2,449.3	2,512.6
Total current assets	4,507.8	4,642.6	4,541.2
Non-current assets:
Property, plant and equipment, net of accumulated depreciation of $1,093.9, $1,049.4 and $993.6, respectively	829.8	822.9	725.7
Goodwill	516.1	517.6	519.7
Intangible assets, net	411.9	417	430.4
Other assets	165.1	165.1	157.2
Deferred tax assets	0.6	0.7	0
Retirement benefit asset	33.9	31.9	53.5
Total assets	6,465.2	6,597.8	6,427.7
Current liabilities:
Loans and overdrafts	131.5	91.1	110.1
Accounts payable	177.8	255.7	255.7
Accrued expenses and other current liabilities	400.3	478.2	409.5
Deferred revenue	272.1	276.9	261.4
Income taxes	34.2	101.8	19.1
Total current liabilities	1,015.9	1,203.7	1,055.8
Non-current liabilities:
Long-term debt	1,311.6	1,317.9	1,311.5
Other liabilities	206.2	213.7	229.7
Deferred revenue	658.6	659	644.4
Deferred tax liabilities	117.2	101.4	88.1
Total liabilities	3,309.5	3,495.7	3,329.5
Commitments and contingencies
Shareholders’ equity:
Common shares of $0.18 par value: authorized 500 shares, 68.4 shares outstanding (January 28, 2017: 68.3 outstanding; April 30, 2016: 78.4 outstanding)	15.7	15.7	15.7
Additional paid-in capital	278.4	280.7	275.9
Other reserves	0.4	0.4	0.4
Treasury shares at cost: 18.8 shares (January 28, 2017: 18.9 shares; April 30, 2016: 8.8 shares)	(1,488.6)	(1,494.8)	(620.4)
Retained earnings	4,042.9	3,995.9	3,665.1
Accumulated other comprehensive loss	(305.4)	(307.7)	(238.5)
Total shareholders’ equity	2,543.4	2,490.2	3,098.2
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	6,465.2	6,597.8	6,427.7
Series A Redeemable Convertible Preferred Stock
Non-current liabilities:
Series A redeemable convertible preferred shares	$ 612.3	$ 611.9	$ 0

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Common shares, par value (usd per share)	$ 0.18	$ 0.18	$ 0.18
Common shares, authorized	500,000,000	500,000,000	500,000,000
Common shares, outstanding	68,400,000	68,300,000	78,400,000
Treasury shares, shares	18,800,000	18,900,000	8,800,000
Accumulated depreciation	$ 1,093.9	$ 1,049.4	$ 993.6
Series A Redeemable Convertible Preferred Stock
Preferred shares, par value (usd per share)	$ 0.01	$ 0.01
Preferred shares, authorized	500,000,000	500,000,000
Preferred shares, outstanding	625,000	625,000

Condensed Consolidated Stateme6

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Cash flows from operating activities
Net income	$ 78.5	$ 146.8
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	50	45.6
Amortization of unfavorable leases and contracts	(4.6)	(4.9)
Pension benefit	0	(0.4)
Share-based compensation	2.7	3.8
Deferred taxation	15.8	15.4
Excess tax benefit from exercise of share awards	0	(1.3)
Amortization of debt discount and issuance costs	0.6	0.9
Other non-cash movements	1.3	(0.3)
Changes in operating assets and liabilities:
Decrease in accounts receivable	132	67.4
Decrease in other receivables and other assets	8.1	18.2
Increase in other current assets	(22.7)	(3.5)
Decrease (increase) in inventories	17.7	(34.8)
Decrease in accounts payable	(74)	(12.4)
Decrease in accrued expenses and other liabilities	(77.7)	(90.8)
(Decrease) increase in deferred revenue	(4.9)	13.3
Decrease in income taxes payable	(65.2)	(48.1)
Pension plan contributions	(0.8)	(0.5)
Net cash provided by operating activities	56.8	114.4
Investing activities
Purchase of property, plant and equipment	(56.2)	(39.3)
Purchase of available-for-sale securities	(0.7)	(0.8)
Proceeds from sale of available-for-sale securities	0.3	1.2
Net cash used in investing activities	(56.6)	(38.9)
Financing activities
Dividends paid on common shares	(17.8)	(17.5)
Dividends paid on redeemable convertible preferred shares	(11.3)	0
Proceeds from issuance of common shares	0.1	0.3
Excess tax benefit from exercise of share awards	0	1.3
Proceeds from revolving credit facility	128	99
Repayments of revolving credit facility	(121)	(55)
Repurchase of common shares	0	(125)
Net settlement of equity based awards	(1.1)	(4.6)
Principal payments under capital lease obligations	0	(0.1)
Proceeds from short-term borrowings	31.2	6
Net cash provided by (used in) financing activities	3.6	(103.1)
Cash and cash equivalents at beginning of period	98.7	137.7
Increase (decrease) in cash and cash equivalents	3.8	(27.6)
Effect of exchange rate changes on cash and cash equivalents	(2.8)	2.9
Cash and cash equivalents at end of period	99.7	113
Term Loan
Financing activities
Repayments of debt	(4.5)	(7.5)
Securitization facility
Financing activities
Repayments of debt	(666.5)	(696.5)
Proceeds from securitization facility	666.5	696.5
Credit Facility | Revolving Credit Facility
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt discount and issuance costs	0.1	0.1
Financing activities
Proceeds from revolving credit facility	128	99
Repayments of revolving credit facility	(121)	(55)
Credit Facility | Term Loan
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt discount and issuance costs	$ 0.2	$ 0.3

Condensed Consolidated Stateme7

Condensed Consolidated Statements Of Shareholders' Equity (Unaudited) - 3 months ended Apr. 29, 2017 - USD ($) $ in Millions	Total	Common shares at par value	Additional paid-in- capital	Other reserves	Treasury shares	Retained earnings	Accumulated other comprehensive (loss) income
Balance at Jan. 28, 2017	$ 2,490.2	$ 15.7	$ 280.7	$ 0.4	$ (1,494.8)	$ 3,995.9	$ (307.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	78.5					78.5
Other comprehensive income	2.3						2.3
Dividends on common shares	(21.3)					(21.3)
Dividends on redeemable convertible preferred shares	(8.2)					(8.2)
Net settlement of equity based awards	(0.9)		(5)		6.1	(2)
Share options exercised	0.1				0.1
Share-based compensation expense	2.7		2.7
Balance at Apr. 29, 2017	$ 2,543.4	$ 15.7	$ 278.4	$ 0.4	$ (1,488.6)	$ 4,042.9	$ (305.4)

Organization and principal acco

Organization and principal accounting policies	3 Months Ended
	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and principal accounting policies	Organization and principal accounting policies Signet Jewelers Limited (“Signet” or the “Company”), a holding company incorporated in Bermuda, is the world’s largest retailer of diamond jewelry. The Company operates through its 100% owned subsidiaries with sales primarily in the United States (“US”), United Kingdom (“UK”) and Canada. Signet manages its business as five reportable segments: the Sterling Jewelers division, the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments, the UK Jewelry division and Other. The “Other” reportable segment consists of all non-reportable segments, including subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. See Note 3 for additional discussion of the Company’s segments. Signet’s sales are seasonal, with the first quarter slightly exceeding 20% of annual sales, the second and third quarters each approximating 20% and the fourth quarter accounting for almost 40% of annual sales, with December being by far the most important month of the year. The “Holiday Season” consists of results for the months of November and December. As a result, approximately 45% to 55% of Signet’s annual operating income normally occurs in the fourth quarter, comprised of nearly all of the UK Jewelry and Zale divisions’ annual operating income and approximately 40% to 45% of the Sterling Jewelers division’s annual operating income. Basis of preparation The condensed consolidated financial statements of Signet are prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with US generally accepted accounting principles (“US GAAP”) have been condensed or omitted from this report, as is permitted by such rules and regulations. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of the results for the interim periods. It is suggested that these condensed consolidated financial statements be read in conjunction with the consolidated financial statements and notes included in Signet’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 filed with the SEC on March 16, 2017 . Use of estimates The preparation of these condensed consolidated financial statements, in conformity with US GAAP and SEC regulations for interim reporting, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates and assumptions are primarily made in relation to the valuation of accounts receivables, inventories, deferred revenue, derivatives, employee benefits, income taxes, contingencies, asset impairments, indefinite-lived intangible assets, as well as depreciation and amortization of long-lived assets. Fiscal year The Company’s fiscal year ends on the Saturday nearest to January 31 st . Fiscal 2018 and Fiscal 2017 refer to the 53 week period ending February 3, 2018 and the 52 week period ending January 28, 2017 , respectively. Within these condensed consolidated financial statements, the first quarter of the relevant fiscal years 2018 and 2017 refer to the 13 weeks ended April 29, 2017 and April 30, 2016 , respectively. Foreign currency translation The financial position and operating results of certain foreign operations, including the UK Jewelry division and the Canadian operations of the Zale Jewelry segment, are consolidated using the local currency as the functional currency. Assets and liabilities are translated at the rates of exchange on the balance sheet date, and revenues and expenses are translated at the monthly average rates of exchange during the period. Resulting translation gains or losses are included in the accompanying condensed consolidated statements of equity as a component of accumulated other comprehensive income (loss) (“AOCI”). Gains or losses resulting from foreign currency transactions are included within the condensed consolidated income statements. See Note 7 for additional information regarding the Company’s foreign currency translation.

New accounting pronouncements

New accounting pronouncements	3 Months Ended
	Apr. 29, 2017
Accounting Policies [Abstract]
New accounting pronouncements	New accounting pronouncements New accounting pronouncements adopted during the period Inventory In July 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” The new guidance states that inventory will be measured at the lower of cost and net realizable value. The ASU defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The adoption of this guidance in the first quarter of Fiscal 2018 did not have a material impact on the Company’s financial position or results of operations. Share-based compensation In March 2016, the FASB issued ASU No. 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The new guidance simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company adopted all aspects of this guidance prospectively in the first quarter of Fiscal 2018 with a policy election to continue to estimate expected forfeitures in determining the amount of share-based compensation expense to be recognized. The adoption of this guidance did not have a material impact on the Company’s financial position or results of operations. See Note 8 for additional information regarding the impact on the Company’s results of operations in the first quarter of Fiscal 2018. New accounting pronouncements to be adopted in future periods Credit Losses In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The new guidance requires entities to measure and recognize expected credit losses for financial assets measured at amortized cost basis. The estimate of expected credit losses should consider historical information, current information, and reasonable and supportable forecasts of expected losses over the remaining contractual life that affect collectibility. ASU No. 2016-13 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2019, with early adoption permitted. Signet currently expects to adopt this guidance when effective, and continues to assess the impact the adoption of this guidance will have on the Company’s financial position or results of operations. Revenue recognition In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The new guidance affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards (for example, insurance contracts or lease contracts). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 provides alternative methods of retrospective adoption. In August 2015, the FASB issued an update (ASU No. 2015-14) that defers the effective date by one year. As a result, ASU No. 2014-09 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016, including interim periods within that annual period. There are many aspects of this new accounting guidance that are still being interpreted. The FASB has recently issued updates to certain aspects of the guidance to address implementation issues. In March 2016, the FASB issued additional guidance concerning “Principal versus Agent” considerations (reporting revenue gross versus net); in April 2016, the FASB issued additional guidance on identifying performance obligations and licensing; and in May 2016, the FASB issued additional guidance on collectibility, noncash consideration, presentation of sales tax, and transition. These updates are intended to improve the operability and understandability of the implementation guidance and have the same effective date and transition requirements as ASU No. 2014-09 guidance discussed above. Signet is in the process of evaluating contracts with customers under the new guidance and cannot currently estimate the financial statement impact of adoption. The Company expects to progress through its assessment during Fiscal 2018 and will adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. A decision has not yet been made regarding the transition method the Company will use to adopt the new guidance. Financial instruments In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” The new guidance primarily impacts accounting for equity investments and financial liabilities under the fair value option, as well as, the presentation and disclosure requirements for financial instruments. Under the new guidance, equity investments will generally be measured at fair value, with subsequent changes in fair value recognized in net income. ASU No. 2016-01 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Signet plans to adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. Signet does not expect the adoption of this guidance to have a material impact on the Company’s financial position or results of operations. Leases In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” The new guidance primarily impacts lessee accounting by requiring the recognition of a right-of-use asset and a corresponding lease liability on the balance sheet for long-term lease agreements. The lease liability will be equal to the present value of all reasonably certain lease payments. The right-of-use asset will be based on the liability, subject to adjustment for initial direct costs. Lease agreements that are 12 months or less are permitted to be excluded from the balance sheet. In general, leases will be amortized on a straight-line basis with the exception of finance lease agreements. ASU No. 2016-02 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. Signet is currently assessing the timing of adoption which is effective for the first quarter of our fiscal year ending February 1, 2020 and the impact that adopting this guidance will have on the Company’s financial position or results of operations. Liabilities In March 2016, the FASB issued ASU No. 2016-04, “Liabilities - Extinguishments of Liabilities (Subtopic 405-20).” The new guidance addresses diversity in practice related to the derecognition of a prepaid stored-value product liability. Liabilities related to the sale of prepaid stored-value products within the scope of this update are financial liabilities. ASU No. 2016-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. Signet plans to adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. Signet does not expect the adoption of this guidance to have a material impact on the Company’s financial position or results of operations. Intangibles In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other: Simplifying the Test for Goodwill Impairment.” The new guidance requires a single-step quantitative test to identify and measure goodwill impairment based on the excess of a reporting unit's carrying amount over its fair value. A qualitative assessment may still be completed first for an entity to determine if a quantitative impairment test is necessary. ASU No. 2017-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2019, with early adoption permitted. Signet is currently assessing the timing of adoption and the impact this guidance will have on the Company’s financial position or results of operations. Retirement Benefits In March 2017, the FASB issued ASU No. 2017-07, “Compensation - Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The new guidance requires entities to present the service cost component of the net periodic pension cost in the same income statement line item as other employee compensation costs arising from services rendered during the period. Entities will present the other components of net benefit cost separately from the service cost component and outside of operating profit within the income statement. In addition, only the service cost component will be eligible for capitalization in assets. ASU No. 2017-07 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. Signet is currently assessing the timing of adoption and the impact this guidance will have on the Company’s financial position or results of operations.

Segment information

Segment information	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment information	Segment information Financial information for each of Signet’s reportable segments is presented in the tables below. Signet’s chief operating decision maker utilizes sales and operating income, after the elimination of any inter-segment transactions, to determine resource allocations and performance assessment measures. Signet’s sales are derived from the retailing of jewelry, watches, other products and services as generated through the management of its five reportable segments: the Sterling Jewelers division, the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments, the UK Jewelry division and Other. The Sterling Jewelers division operates in all 50 US states. Its stores operate nationally in malls and off-mall locations principally as Kay (Kay Jewelers and Kay Jewelers Outlet) and Jared (Jared The Galleria Of Jewelry and Jared Vault). The division also operates a variety of mall-based regional brands. The Zale division operates jewelry stores (Zale Jewelry) and kiosks (Piercing Pagoda), located primarily in shopping malls throughout the US, Canada and Puerto Rico. Zale Jewelry includes the US store brand Zales (Zales Jewelers and Zales Outlet), which operates in all 50 US states, and the Canadian store brand Peoples Jewellers, which operates in nine provinces. The division also operates the Gordon’s Jewelers and Mappins regional brands. Piercing Pagoda operates through mall-based kiosks. The UK Jewelry division operates stores in the UK, Republic of Ireland and Channel Islands. Its stores operate in shopping malls and off-mall locations (i.e. high street) principally as H.Samuel and Ernest Jones. The Other reportable segment consists of all non-reportable segments, including subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones, that are below the quantifiable threshold for separate disclosure as a reportable segment and unallocated corporate administrative functions. 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Sales: Sterling Jewelers $ 871.0 $ 980.4 Zale Jewelry 333.7 381.4 Piercing Pagoda 69.7 69.0 UK Jewelry 122.5 144.0 Other 6.5 4.1 Total sales $ 1,403.4 $ 1,578.9 Operating income: Sterling Jewelers $ 129.5 $ 198.3 Zale Jewelry 2.1 18.3 Piercing Pagoda 3.2 7.8 UK Jewelry (2.5 ) 1.3 Other (17.0 ) (13.7 ) Total operating income $ 115.3 $ 212.0 (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Total assets: Sterling Jewelers $ 3,891.6 $ 4,015.4 $ 3,756.6 Zale Jewelry 1,926.8 1,940.7 1,974.9 Piercing Pagoda 143.4 141.6 139.1 UK Jewelry 394.3 372.6 447.8 Other 109.1 127.5 109.3 Total assets $ 6,465.2 $ 6,597.8 $ 6,427.7

Redeemable preferred shares

Redeemable preferred shares	3 Months Ended
	Apr. 29, 2017
Temporary Equity [Abstract]
Redeemable preferred shares	Redeemable preferred shares On October 5, 2016 , the Company issued 625,000 shares of Series A Convertible Preference Shares (“preferred shares”) to Green Equity Investors VI, L.P., Green Equity Investors Side VI, L.P., LGP Associates VI-A LLC and LGP Associates VI-B LLC, all affiliates of Leonard Green & Partners, L.P., (together, the “Investors”) for an aggregate purchase price of $625.0 million , or $1,000 per share (the “Stated Value”) pursuant to the investment agreement dated August 24, 2016. In connection with the issuance of the preferred shares, the Company incurred direct and incremental expenses of $13.7 million . These direct and incremental expenses originally reduced the preferred shares carrying value, and will be accreted through retained earnings as a deemed dividend from the date of issuance through the first possible known redemption date, November 2024. Accumulated accretion recorded in the condensed consolidated balance sheets was $1.0 million as of April 29, 2017 ( January 28, 2017 : $0.6 million ). Accretion of $0.4 million was recorded to preferred shares in the condensed consolidated balance sheets during the 13 weeks ended April 29, 2017 . Pursuant to the preferred shares conversion features, the conversion rate as of April 29, 2017 is 10.7707 ( January 28, 2017 : 10.6529 ) common shares per preferred share or a conversion price of $92.8445 ( January 28, 2017 : $93.8712 ). As of April 29, 2017 and January 28, 2017 , the maximum number of common shares that could be required to be issued if converted was 6.7 million shares. Preferred shareholders are entitled to a cumulative dividend at the rate of 5% per annum, payable quarterly in arrears. Refer to Note 5 for additional discussion of the Company’s dividends on preferred shares. The liquidation preference was $632.8 million and $636.3 million as of April 29, 2017 and January 28, 2017 , respectively.

Shareholders' equity

Shareholders' equity	3 Months Ended
	Apr. 29, 2017
Equity [Abstract]
Shareholders' equity	Shareholders’ equity Share repurchases In February 2016, the Board of Directors authorized the repurchase of Signet’s common shares up to $750.0 million (the “2016 Program”). In August 2016, the Board of Directors increased its authorized share repurchase program by $625.0 million , bringing the total authorization for the 2016 Program to $1,375.0 million . The 2016 Program may be suspended or discontinued at any time without notice. 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 Shares Amount Average Shares Amount Average 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. Dividends on common shares Fiscal 2018 Fiscal 2017 (in millions, except per share amounts) Cash dividend per share Total Cash dividend Total 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. In addition, on May 25, 2017 , Signet’s Board declared a quarterly dividend of $0.31 per share on its common shares. This dividend will be payable on August 30, 2017 to shareholders of record on July 28, 2017 , with an ex-dividend date of July 26, 2017. Dividends on preferred shares As of April 29, 2017 , dividends on preferred shares totaling $7.8 million were declared and accrued for by the Company. As disclosed in the condensed consolidated income statements, there were no cumulative undeclared dividends on the preferred shares that reduced net income attributable to common shareholders. In addition, a $0.4 million deemed dividend related to accretion of issuance costs associated with the preferred shares was recognized during the 13 weeks ended April 29, 2017 . See Note 4 for additional information.

Earnings per common share (EPS)

Earnings per common share (EPS)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Earnings per common share (“EPS”)	Earnings per common share ( “ EPS ” ) Basic EPS is computed by dividing net income attributable to common shareholders by the weighted average number of common shares outstanding for the period. The computation of basic EPS is outlined in the table below: 13 weeks ended (in millions, except per share amounts) April 29, 2017 April 30, 2016 Numerator: Net income attributable to common shareholders $ 70.3 $ 146.8 Denominator: Weighted average common shares outstanding 68.1 78.6 EPS – basic $ 1.03 $ 1.87 The dilutive effect of share awards represents the potential impact of outstanding awards issued under the Company’s share-based compensation plans, including restricted shares and restricted stock units issued under the Omnibus Plan and stock options issued under the Share Saving Plans and Executive Plans. The dilutive effect of preferred shares represents the potential impact for common shares that would be issued upon conversion. Potential common share dilution related to share awards and preferred shares is determined using the treasury stock and if-converted methods, respectively. Under the if-converted method, the preferred shares are assumed to be converted at the beginning of the period, and the resulting common shares are included in the denominator of the diluted EPS calculation for the entire period being presented, only in the periods in which such effect is dilutive. Additionally, in periods in which preferred shares are dilutive, cumulative dividends and accretion for issuance costs associated with the preferred shares are added back to net income attributable to common shareholders. See Note 4 for additional discussion of the Company’s preferred shares. For the 13 weeks ended April 29, 2017 , preferred shares were anti-dilutive. The computation of diluted EPS is outlined in the table below: 13 weeks ended (in millions, except per share amounts) April 29, 2017 April 30, 2016 Numerator: Net income attributable to common shareholders $ 70.3 $ 146.8 Add: Dividends on preferred shares — n/a Numerator for diluted EPS $ 70.3 $ 146.8 Denominator: Weighted average common shares outstanding 68.1 78.6 Plus: Dilutive effect of share awards 0.1 0.1 Plus: Dilutive effect of preferred shares — n/a Diluted weighted average common shares outstanding 68.2 78.7 EPS – diluted $ 1.03 $ 1.87 n/a Not applicable as preferred shares were issued in October 2016. See Note 4 for additional information. The calculation of diluted EPS excludes the following items for each respective period on the basis that their effect would be anti-dilutive. 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Share awards 0.3 0.1 Potential impact of preferred shares 6.7 — Total anti-dilutive shares 7.0 0.1

Accumulated other comprehensive

Accumulated other comprehensive income (loss)	3 Months Ended
	Apr. 29, 2017
Equity [Abstract]
Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss) The following tables present the changes in AOCI by component and the reclassifications out of AOCI, net of tax: Pension plan (in millions) Foreign Losses on available-for-sale securities, net Gains (losses) Actuarial Prior Accumulated Balance at January 28, 2017 $ (263.4 ) $ (0.4 ) $ 2.4 $ (55.5 ) $ 9.2 $ (307.7 ) Other comprehensive income (“OCI”) before reclassifications 0.5 0.2 2.7 — — 3.4 Amounts reclassified from AOCI to net income — — (1.4 ) 0.6 (0.3 ) (1.1 ) Net current period OCI 0.5 0.2 1.3 0.6 (0.3 ) 2.3 Balance at April 29, 2017 $ (262.9 ) $ (0.2 ) $ 3.7 $ (54.9 ) $ 8.9 $ (305.4 ) The amounts reclassified from AOCI were as follows: Amounts reclassified from AOCI 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Income statement caption (Gains) losses on cash flow hedges: Foreign currency contracts $ (1.0 ) $ (0.2 ) Cost of sales (see Note 13) Interest rate swaps 0.3 0.6 Interest expense, net (see Note 13) Commodity contracts (1.2 ) 1.2 Cost of sales (see Note 13) Total before income tax (1.9 ) 1.6 Income taxes 0.5 (0.5 ) Net of tax (1.4 ) 1.1 Defined benefit pension plan items: Amortization of unrecognized actuarial losses 0.7 0.4 Selling, general and administrative expenses (1) Amortization of unrecognized net prior service credits (0.4 ) (0.5 ) Selling, general and administrative expenses (1) Total before income tax 0.3 (0.1 ) Income taxes — — Net of tax 0.3 (0.1 ) Total reclassifications, net of tax $ (1.1 ) $ 1.0 (1) These items are included in the computation of net periodic pension benefit.

Income taxes

Income taxes	3 Months Ended
	Apr. 29, 2017
Income Tax Disclosure [Abstract]
Income taxes	Income taxes 13 weeks ended April 29, 2017 April 30, 2016 Forecasted annual effective tax rate 23.0 % 26.7 % Discrete items recognized 0.6 % — % Effective tax rate recognized in income statement 23.6 % 26.7 % As disclosed in Note 2, the Company adopted ASU 2016-09 during the first quarter of Fiscal 2018 . The Company anticipates the adoption of this accounting guidance related to share-based compensation to increase the periodic volatility in future effective tax rates as it will result in additional discrete items being recognized in future periods when the deduction for tax purposes for share awards does not equal the cumulative compensation costs of the share awards for financial reporting purposes. To the extent there are discrete items that are not included in the forecasted annual effective tax rate, the actual effective tax rate will differ from the forecasted annual effective tax rate. During the first quarter of Fiscal 2018 , the Company recognized incremental tax expense for a discrete item related to the tax shortfall associated with share awards vesting subsequent to the adoption of the new share-based compensation accounting guidance in ASC No. 2016-09. During the 13 weeks ended April 29, 2017 , the Company’s forecasted annual effective tax rate was lower than the US federal income tax rate primarily due to the favorable impact of foreign tax rate differences and benefits from global reinsurance and financing arrangements. The forecasted annual effective tax rate excludes the effects of any discrete items that may be recognized in future periods. There has been no material change in the amounts of unrecognized tax benefits, or the related accrued interest and penalties (where appropriate), in respect of uncertain tax positions identified as of January 28, 2017 .

Accounts receivable, net

Accounts receivable, net	3 Months Ended
	Apr. 29, 2017
Receivables [Abstract]
Accounts receivable, net	Accounts receivable, net Signet’s accounts receivable primarily consist of US customer in-house financing receivables. The accounts receivable portfolio consists of a population that is of similar characteristics and is evaluated collectively for impairment. (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Accounts receivable by portfolio segment, net: Sterling Jewelers customer in-house finance receivables $ 1,683.8 $ 1,813.3 $ 1,654.3 Zale customer in-house finance receivables 32.8 33.4 21.6 Other accounts receivable 9.7 11.3 13.4 Total accounts receivable, net $ 1,726.3 $ 1,858.0 $ 1,689.3 Signet grants credit to customers based on a variety of credit quality indicators, including consumer financial information and prior payment experience. On an ongoing basis, management monitors the credit exposure based on past due status and collection experience, as it has found a meaningful correlation between the past due status of customers and the risk of loss. During the third quarter of Fiscal 2016, Signet implemented a program to provide in-house credit to customers in the Zale division’s US locations. The allowance for credit losses associated with Zale customer in-house finance receivables was immaterial as of April 29, 2017 , January 28, 2017 and April 30, 2016 . Other accounts receivable is comprised primarily of accounts receivable relating to the insurance loss replacement business in the UK Jewelry division of $8.9 million ( January 28, 2017 and April 30, 2016 : $11.0 million and $9.3 million , respectively). The allowance for credit losses on Sterling Jewelers customer in-house finance receivables is shown below: 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Beginning balance: $ (138.7 ) $ (130.0 ) Charge-offs, net 54.4 46.8 Recoveries 9.1 10.1 Provision (51.7 ) (43.7 ) Ending balance $ (126.9 ) $ (116.8 ) Ending receivable balance evaluated for impairment 1,810.7 1,771.1 Sterling Jewelers customer in-house finance receivables, net $ 1,683.8 $ 1,654.3 Net bad debt expense is defined as the provision expense less recoveries. The credit quality indicator and age analysis of Sterling Jewelers customer in-house finance receivables are shown below: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Gross Valuation Gross Valuation Gross Valuation Performing: Current, aged 0 – 30 days $ 1,445.9 $ (44.5 ) $ 1,538.2 $ (47.2 ) $ 1,427.5 $ (43.4 ) Past due, aged 31 – 60 days 251.9 (8.3 ) 282.0 (9.0 ) 240.9 (7.9 ) Past due, aged 61 – 90 days 40.9 (2.1 ) 51.6 (2.3 ) 39.2 (2.0 ) Non Performing: Past due, aged more than 90 days 72.0 (72.0 ) 80.2 (80.2 ) 63.5 (63.5 ) $ 1,810.7 $ (126.9 ) $ 1,952.0 $ (138.7 ) $ 1,771.1 $ (116.8 ) April 29, 2017 January 28, 2017 April 30, 2016 (as a % of the ending receivable balance) Gross Valuation Gross Valuation Gross Valuation Performing Current, aged 0 – 30 days 79.8 % 3.1 % 78.8 % 3.1 % 80.6 % 3.0 % Past due, aged 31 – 60 days 13.9 % 3.3 % 14.5 % 3.2 % 13.6 % 3.3 % Past due, aged 61 – 90 days 2.3 % 5.1 % 2.6 % 4.5 % 2.2 % 5.1 % Non Performing Past due, aged more than 90 days 4.0 % 100.0 % 4.1 % 100.0 % 3.6 % 100.0 % 100.0 % 7.0 % 100.0 % 7.1 % 100.0 % 6.6 % See Note 20 , Subsequent events, for additional information regarding the anticipated sale of a portion of the US customer in-house finance receivable portfolio, as well as the agreement to outsource the servicing function for the Company’s remaining in-house finance receivables. Securitized credit card receivables The Sterling Jewelers division securitizes its credit card receivables through its Sterling Jewelers Receivables Master Note Trust. See Note 15 for additional information regarding this asset-backed securitization facility.

Inventories

Inventories	3 Months Ended
	Apr. 29, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories The following table summarizes the Company’s inventory by classification: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Raw materials $ 51.2 $ 60.8 $ 76.6 Finished goods 2,381.2 2,388.5 2,436.0 Total inventories $ 2,432.4 $ 2,449.3 $ 2,512.6

Goodwill and intangibles

Goodwill and intangibles	3 Months Ended
	Apr. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangibles	Goodwill and intangibles Goodwill The following table summarizes the Company’s goodwill by reportable segment: (in millions) Sterling Zale Piercing UK Jewelry Other Total Balance at January 30, 2016 $ 23.2 $ 488.7 $ — $ — $ 3.6 $ 515.5 Impact of foreign exchange — 2.1 — — — 2.1 Balance at January 28, 2017 23.2 490.8 — — 3.6 517.6 Impact of foreign exchange — (1.5 ) — — — (1.5 ) Balance at April 29, 2017 $ 23.2 $ 489.3 $ — $ — $ 3.6 $ 516.1 There have been no goodwill impairment losses recognized during the fiscal periods presented in the condensed consolidated income statements. If future economic conditions are different than those projected by management, future impairment charges may occur. Intangibles The following table provides detail regarding the composition of intangible assets and liabilities: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Balance sheet location Gross Accumulated Net Gross Accumulated Net Gross Accumulated Net Definite-lived intangible assets: Trade names Intangible assets, net $ 1.4 $ (0.8 ) $ 0.6 $ 1.4 $ (0.8 ) $ 0.6 $ 1.5 $ (0.6 ) $ 0.9 Favorable leases Intangible assets, net 47.2 (38.9 ) 8.3 47.6 (36.0 ) 11.6 48.3 (26.2 ) 22.1 Total definite-lived intangible assets 48.6 (39.7 ) 8.9 49.0 (36.8 ) 12.2 49.8 (26.8 ) 23.0 Indefinite-lived trade names Intangible assets, net 403.0 — 403.0 404.8 — 404.8 407.4 — 407.4 Total intangible assets, net $ 451.6 $ (39.7 ) $ 411.9 $ 453.8 $ (36.8 ) $ 417.0 $ 457.2 $ (26.8 ) $ 430.4 Definite-lived intangible liabilities: Unfavorable leases Other liabilities $ (47.9 ) $ 41.4 $ (6.5 ) $ (48.3 ) $ 38.2 $ (10.1 ) $ (48.8 ) $ 27.7 $ (21.1 ) Unfavorable contracts Other liabilities (65.6 ) 34.8 (30.8 ) (65.6 ) 33.5 (32.1 ) (65.6 ) 29.4 (36.2 ) Total intangible liabilities, net $ (113.5 ) $ 76.2 $ (37.3 ) $ (113.9 ) $ 71.7 $ (42.2 ) $ (114.4 ) $ 57.1 $ (57.3 )

Other assets

Other assets	3 Months Ended
	Apr. 29, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other assets	Other assets (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Deferred ESP selling costs $ 86.7 $ 86.1 $ 81.8 Investments 27.9 27.2 26.8 Other assets 50.5 51.8 48.6 Total other assets $ 165.1 $ 165.1 $ 157.2 In addition, other current assets include deferred direct selling costs in relation to the sale of extended service plans and lifetime warranty agreements (“ESP”) of $29.6 million as of April 29, 2017 ( January 28, 2017 and April 30, 2016 : $29.4 million and $27.5 million , respectively).

Derivatives

Derivatives	3 Months Ended
	Apr. 29, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Derivative transactions are used by Signet for risk management purposes to address risks inherent in Signet’s business operations and sources of financing. The main risks arising from Signet’s operations are market risk including foreign currency risk, commodity risk, liquidity risk and interest rate risk. Signet uses derivative financial instruments to manage and mitigate certain of these risks under policies reviewed and approved by the Board of Directors. Signet does not enter into derivative transactions for speculative purposes. Market risk Signet generates revenues and incurs expenses in US dollars, Canadian dollars and British pounds. As a portion of UK Jewelry purchases and purchases made by the Canadian operations of the Zale division are denominated in US dollars, Signet enters into forward foreign currency exchange contracts and foreign currency swaps to manage this exposure to the US dollar. Signet holds a fluctuating amount of British pounds and Canadian dollars reflecting the cash generative characteristics of operations. Signet’s objective is to minimize net foreign exchange exposure to the income statement on non-US dollar denominated items through managing cash levels, non-US dollar denominated intra-entity balances and foreign currency swaps. In order to manage the foreign exchange exposure and minimize the level of funds denominated in British pounds and Canadian dollars, dividends are paid regularly by subsidiaries to their immediate holding companies and excess British pounds and Canadian dollars are sold in exchange for US dollars. Signet’s policy is to minimize the impact of precious metal commodity price volatility on operating results through the use of outright forward purchases of, or by entering into options to purchase, precious metals within treasury guidelines approved by the Board of Directors. In particular, Signet undertakes some hedging of its requirements for gold through the use of options, net zero-cost collar arrangements (a combination of call and put option contracts), forward contracts and commodity purchasing, while fluctuations in the cost of diamonds are not hedged. Liquidity risk Signet’s objective is to ensure that it has access to, or the ability to generate, sufficient cash from either internal or external sources in a timely and cost-effective manner to meet its commitments as they become due and payable. Signet manages liquidity risks as part of its overall risk management policy. Management produces forecasting and budgeting information that is reviewed and monitored by the Board of Directors. Cash generated from operations and external financing are the main sources of funding, which supplement Signet’s resources in meeting liquidity requirements. The main external sources of funding are a senior unsecured credit facility, senior unsecured notes and securitized credit card receivables, as described in Note 15 . Interest rate risk Signet has exposure to movements in interest rates associated with cash and borrowings. Signet may enter into various interest rate protection agreements in order to limit the impact of movements in interest rates. Interest rate swap (designated) — The Company entered into an interest rate swap in March 2015 with an aggregate notional amount of $300.0 million that is scheduled to mature through April 2019 . Under this contract, the Company agrees to exchange, at specified intervals, the difference between fixed contract rates and floating rate interest amounts calculated by reference to the agreed notional amounts. This contract was entered into to reduce the consolidated interest rate risk associated with variable rate, long-term debt. The Company designated this derivative as a cash flow hedge of the variability in expected cash outflows for interest payments. The Company has effectively converted a portion of its variable-rate senior unsecured term loan into fixed-rate debt. The fair value of the swap is presented within the condensed consolidated balance sheets, and the Company recognizes any changes in the fair value as an adjustment of AOCI within equity to the extent the swap is effective. The ineffective portion, if any, is recognized in current period earnings. As interest expense is accrued on the debt obligation, amounts in AOCI related to the interest rate swap are reclassified into income resulting in a net interest expense on the hedged amount of the underlying debt obligation equal to the effective yield of the fixed rate of the swap. In the event that the interest rate swap is dedesignated prior to maturity, gains or losses in AOCI remain deferred and are reclassified into earnings in the periods in which the hedged forecasted transaction affects earnings. Credit risk and concentrations of credit risk Credit risk represents the loss that would be recognized at the reporting date if counterparties failed to perform as contracted. Signet does not anticipate non-performance by counterparties of its financial instruments, except for customer in-house financing receivables as disclosed in Note 9 of which no single customer represents a significant portion of the Company’s receivable balance. Signet does not require collateral or other security to support cash investments or financial instruments with credit risk; however, it is Signet’s policy to only hold cash and cash equivalent investments and to transact financial instruments with financial institutions with a certain minimum credit rating. Management does not believe Signet is exposed to any significant concentrations of credit risk that arise from cash and cash equivalent investments, derivatives or accounts receivable. Commodity and foreign currency risks The following types of derivative financial instruments are utilized by Signet to mitigate certain risk exposures related to changes in commodity prices and foreign exchange rates: Forward foreign currency exchange contracts (designated) — These contracts, which are principally in US dollars, are entered into to limit the impact of movements in foreign exchange rates on forecasted foreign currency purchases. The total notional amount of these foreign currency contracts outstanding as of April 29, 2017 was $37.4 million ( January 28, 2017 and April 30, 2016 : $37.8 million and $33.5 million , respectively). These contracts have been designated as cash flow hedges and will be settled over the next 12 months ( January 28, 2017 and April 30, 2016 : 12 months and 9 months , respectively). Forward foreign currency exchange contracts (undesignated) — Foreign currency contracts not designated as cash flow hedges are used to limit the impact of movements in foreign exchange rates on recognized foreign currency payables and to hedge currency flows through Signet’s bank accounts to mitigate Signet’s exposure to foreign currency exchange risk in its cash and borrowings. The total notional amount of these foreign currency contracts outstanding as of April 29, 2017 was $47.9 million ( January 28, 2017 and April 30, 2016 : $117.8 million and $22.6 million , respectively). Commodity forward purchase contracts and net zero-cost collar arrangements (designated) — These contracts are entered into to reduce Signet’s exposure to significant movements in the price of the underlying precious metal raw material. The total notional amount of these commodity derivative contracts outstanding as of April 29, 2017 was 69,000 ounces of gold ( January 28, 2017 and April 30, 2016 : 94,000 ounces and 51,000 ounces , respectively). These contracts have been designated as cash flow hedges and will be settled over the next 9 months ( January 28, 2017 and April 30, 2016 : 12 months and 9 months , respectively). The bank counterparties to the derivative instruments expose Signet to credit-related losses in the event of their non-performance. However, to mitigate that risk, Signet only contracts with counterparties that meet certain minimum requirements under its counterparty risk assessment process. As of April 29, 2017 , Signet believes that this credit risk did not materially change the fair value of the foreign currency or commodity contracts. The following table summarizes the fair value and presentation of derivative instruments in the condensed consolidated balance sheets: Fair value of derivative assets (in millions) Balance sheet location April 29, 2017 January 28, 2017 April 30, 2016 Derivatives designated as hedging instruments: Foreign currency contracts Other current assets $ 0.4 $ 1.4 $ 0.2 Commodity contracts Other current assets 2.0 — 5.5 Interest rate swaps Other assets 0.8 0.4 — $ 3.2 $ 1.8 $ 5.7 Derivatives not designated as hedging instruments: Foreign currency contracts Other current assets — 1.8 0.2 Total derivative assets $ 3.2 $ 3.6 $ 5.9 Fair value of derivative liabilities (in millions) Balance sheet location April 29, 2017 January 28, 2017 April 30, 2016 Derivatives designated as hedging instruments: Foreign currency contracts Other current liabilities $ (0.8 ) $ (0.2 ) $ (0.5 ) Commodity contracts Other current liabilities — (3.4 ) — Interest rate swaps Other liabilities — — (3.2 ) (0.8 ) (3.6 ) (3.7 ) Derivatives not designated as hedging instruments: Foreign currency contracts Other current liabilities (0.5 ) — (0.1 ) Total derivative liabilities $ (1.3 ) $ (3.6 ) $ (3.8 ) Derivatives designated as cash flow hedges The following table summarizes the pre-tax gains recorded in AOCI for derivatives designated in cash flow hedging relationships: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Foreign currency contracts $ 2.1 $ 4.1 $ 0.6 Commodity contracts 2.1 (2.1 ) 4.4 Interest rate swaps 0.8 0.4 (3.2 ) Gains recorded in AOCI $ 5.0 $ 2.4 $ 1.8 The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the condensed consolidated income statements: Foreign currency contracts 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Gains recorded in AOCI, beginning of period $ 4.1 $ 1.4 Current period losses recognized in OCI (1.0 ) (0.6 ) Gains reclassified from AOCI to net income Cost of sales (1.0 ) (0.2 ) Gains recorded in AOCI, end of period $ 2.1 $ 0.6 Commodity contracts 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Losses recorded in AOCI, beginning of period $ (2.1 ) $ (3.7 ) Current period gains recognized in OCI 5.4 6.9 (Gains) losses reclassified from AOCI to net income Cost of sales (1.2 ) 1.2 Gains recorded in AOCI, end of period $ 2.1 $ 4.4 Interest rate swaps 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Gains (losses) recorded in AOCI, beginning of period $ 0.4 $ (3.4 ) Current period gains (losses) recognized in OCI 0.1 (0.4 ) Losses reclassified from AOCI to net income Interest expense, net 0.3 0.6 Gains (losses) recorded in AOCI, end of period $ 0.8 $ (3.2 ) There was no material ineffectiveness related to the Company’s derivative instruments designated in cash flow hedging relationships for the 13 weeks ended April 29, 2017 and April 30, 2016 . Based on current valuations, the Company expects approximately $3.5 million of net pre-tax derivative gains to be reclassified out of AOCI into earnings within the next 12 months . Derivatives not designated as hedging instruments The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the condensed consolidated income statements: 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Derivatives not designated as hedging instruments: Foreign currency contracts Other operating income, net $ (1.7 ) $ (0.3 )

Fair value measurements

Fair value measurements	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Fair value measurements	Fair value measurement The estimated fair value of Signet’s financial instruments held or issued to finance Signet’s operations is summarized below. Certain estimates and judgments were required to develop the fair value amounts. The fair value amounts shown below are not necessarily indicative of the amounts that Signet would realize upon disposition nor do they indicate Signet’s intent or ability to dispose of the financial instrument. Assets and liabilities that are carried at fair value are required to be classified and disclosed in one of the following three categories: Level 1—quoted market prices in active markets for identical assets and liabilities Level 2—observable market based inputs or unobservable inputs that are corroborated by market data Level 3—unobservable inputs that are not corroborated by market data Signet determines fair value based upon quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. The methods Signet uses to determine fair value on an instrument-specific basis are detailed below: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Carrying Value Quoted prices in active markets for identical assets Significant Carrying Value Quoted prices in active markets for identical assets Significant Carrying Value Quoted prices in active markets for identical assets Significant other observable inputs (Level 2) Assets: US Treasury securities $ 7.9 $ 7.9 $ — $ 8.1 $ 8.1 $ — $ 8.8 $ 8.8 $ — Corporate equity securities 4.0 4.0 — 3.8 3.8 — 3.4 3.4 — Foreign currency contracts 0.4 — 0.4 3.2 — 3.2 0.4 — 0.4 Commodity contracts 2.0 — 2.0 — — — 5.5 — 5.5 Interest rate swaps 0.8 0.8 0.4 — 0.4 — — — US government agency securities 4.9 — 4.9 4.4 — 4.4 3.3 — 3.3 Corporate bonds and notes 11.1 — 11.1 10.9 — 10.9 11.3 — 11.3 Total assets $ 31.1 $ 11.9 $ 19.2 $ 30.8 $ 11.9 $ 18.9 $ 32.7 $ 12.2 $ 20.5 Liabilities: Foreign currency contracts $ (1.3 ) $ — $ (1.3 ) $ (0.2 ) $ — $ (0.2 ) $ (0.6 ) $ — $ (0.6 ) Commodity contracts — — — (3.4 ) — (3.4 ) — — — Interest rate swaps — — — — — — (3.2 ) — (3.2 ) Total liabilities $ (1.3 ) $ — $ (1.3 ) $ (3.6 ) $ — $ (3.6 ) $ (3.8 ) $ — $ (3.8 ) Investments in US Treasury securities and corporate equity securities are based on quoted market prices for identical instruments in active markets, and therefore were classified as Level 1 measurements in the fair value hierarchy. Investments in US government agency securities and corporate bonds and notes are based on quoted prices for similar instruments in active markets, and therefore were classified as Level 2 measurements in the fair value hierarchy. The fair value of derivative financial instruments has been determined based on market value equivalents at the balance sheet date, taking into account the current interest rate environment, foreign currency forward rates or commodity forward rates, and therefore were classified as Level 2 measurements in the fair value hierarchy. See Note 13 for additional information related to the Company’s derivatives. The carrying amounts of cash and cash equivalents, accounts receivable, other receivables, accounts payable, accrued expenses, other liabilities, income taxes and the revolving credit facility approximate fair value because of the short-term maturity of these amounts. The fair values of long-term debt instruments were determined using quoted market prices in inactive markets or discounted cash flows based upon current observable market interest rates and therefore were classified as Level 2 measurements in the fair value hierarchy. See Note 15 for classification between current and long-term debt. The carrying amount and fair value of outstanding debt at April 29, 2017 , January 28, 2017 and April 30, 2016 were as follows: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Carrying Fair Value Carrying Fair Value Carrying Fair Value Long-term debt: Senior notes (Level 2) $ 393.9 $ 396.5 $ 393.7 $ 391.2 $ 393.0 $ 395.1 Securitization facility (Level 2) 599.7 600.0 599.7 600.0 599.9 600.0 Term loan (Level 2) 340.8 344.1 345.1 348.6 354.1 357.5 Capital lease obligations (Level 2) — — — — 0.1 0.1 Total $ 1,334.4 $ 1,340.6 $ 1,338.5 $ 1,339.8 $ 1,347.1 $ 1,352.7

Loans, overdrafts and long-term

Loans, overdrafts and long-term debt	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Loans, overdrafts and long-term debt	Loans, overdrafts and long-term debt (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Debt: Senior unsecured notes due 2024, net of unamortized discount $ 398.8 $ 398.8 $ 398.6 Securitization facility 600.0 600.0 600.0 Senior unsecured term loan 344.1 348.6 357.5 Revolving credit facility 63.0 56.0 44.0 Bank overdrafts 45.4 14.2 30.4 Capital lease obligations — — 0.1 Total debt $ 1,451.3 $ 1,417.6 $ 1,430.6 Less: Current portion of loans and overdrafts (131.5 ) (91.1 ) (110.1 ) Less: Unamortized capitalized debt issuance fees (8.2 ) (8.6 ) (9.0 ) Total long-term debt $ 1,311.6 $ 1,317.9 $ 1,311.5 Revolving credit facility and term loan (the “ Credit Facility ” ) The Company’s Credit Facility contains a $700 million senior unsecured multi-currency multi-year revolving credit facility and a $357.5 million senior unsecured term loan facility. The maturity date for the Credit Facility, including both individual facilities disclosed above, is July 2021. Capitalized fees associated with the revolving credit facility as of April 29, 2017 total $2.6 million with the unamortized balance recorded as an asset within the condensed consolidated balance sheets. Accumulated amortization related to these capitalized fees as of April 29, 2017 was $0.9 million ( January 28, 2017 and April 30, 2016 : $0.8 million and $0.5 million , respectively). Amortization relating to these fees of $0.1 million was recorded as interest expense in the condensed consolidated income statements for the 13 weeks ended April 29, 2017 ( $0.1 million for the 13 weeks ended April 30, 2016 ). As of April 29, 2017 , January 28, 2017 and April 30, 2016 , the Company had stand-by letters of credit outstanding of $15.3 million , $15.3 million and $23.8 million , respectively, that reduce remaining borrowing availability. The revolving credit facility had a weighted average interest rate of 2.11% and 1.42% during the 13 weeks ended April 29, 2017 and April 30, 2016 , respectively. Capitalized fees associated with the term loan facility as of April 29, 2017 total $6.2 million with the unamortized balance recorded as a direct deduction from the outstanding liability within the condensed consolidated balance sheets. Accumulated amortization related to these capitalized fees as of April 29, 2017 was $2.9 million ( January 28, 2017 and April 30, 2016 : $2.7 million and $2.1 million , respectively). Amortization relating to these fees of $0.2 million was recorded as interest expense in the condensed consolidated income statements for the 13 weeks ended April 29, 2017 ( $0.3 million for the 13 weeks ended April 30, 2016 ). Excluding the impact of the interest rate swap designated as a cash flow hedge discussed in Note 13 , the term loan had a weighted average interest rate of 2.13% and 1.71% during the 13 weeks ended April 29, 2017 and April 30, 2016 , respectively. Senior unsecured notes due 2024 Signet UK Finance plc (“Signet UK Finance”), a wholly owned subsidiary of the Company, issued $400 million aggregate principal amount of its 4.700% senior unsecured notes due in 2024 (the “Notes”). The Notes were issued under an effective registration statement previously filed with the SEC. The Notes are jointly and severally guaranteed, on a full and unconditional basis, by the Company and by certain of the Company’s wholly owned subsidiaries (such subsidiaries, the “Guarantors”). See Note 21 for additional information. Capitalized fees relating to the senior unsecured notes total $7.0 million . Accumulated amortization related to these capitalized fees as of April 29, 2017 was $2.1 million ( January 28, 2017 and April 30, 2016 : $1.9 million and $1.4 million , respectively). The remaining unamortized capitalized fees are recorded as a direct deduction from the outstanding liability within the condensed consolidated balance sheets. Amortization relating to these fees of $0.2 million was recorded as interest expense in the condensed consolidated income statements for the 13 weeks ended April 29, 2017 ( $0.2 million for the 13 weeks ended April 30, 2016 ). Asset-backed securitization facility The Company sold an undivided interest in certain credit card receivables to Sterling Jewelers Receivables Master Note Trust (the “Issuer”) and issued two -year revolving asset-backed variable funding notes. Capitalized fees associated with the existing and amended asset-backed securitization facility as of April 29, 2017 total $3.4 million with the unamortized balance recorded as an asset within the condensed consolidated balance sheets. Accumulated amortization related to these capitalized fees as of April 29, 2017 was $3.1 million ( January 28, 2017 and April 30, 2016 : $3.1 million and $2.7 million , respectively). Amortization relating to these fees of $0.0 million was recorded as interest expense in the condensed consolidated income statements for the 13 weeks ended April 29, 2017 ( $0.3 million for the 13 weeks ended April 30, 2016 ). The asset-backed securitization facility had a weighted average interest rate of 2.39% and 1.90% during the 13 weeks ended April 29, 2017 and April 30, 2016 , respectively. Other As of April 29, 2017 , January 28, 2017 and April 30, 2016 , the Company was in compliance with all debt covenants.

Deferred revenue

Deferred revenue	3 Months Ended
	Apr. 29, 2017
Deferred Revenue Disclosure [Abstract]
Deferred revenue	Deferred revenue Deferred revenue is comprised primarily of ESP and voucher promotions and other as follows: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Sterling Jewelers ESP deferred revenue $ 736.0 $ 737.4 $ 723.8 Zale ESP deferred revenue 167.7 168.2 155.1 Voucher promotions and other 27.0 30.3 26.9 Total deferred revenue $ 930.7 $ 935.9 $ 905.8 Disclosed as: Current liabilities $ 272.1 $ 276.9 $ 261.4 Non-current liabilities 658.6 659.0 644.4 Total deferred revenue $ 930.7 $ 935.9 $ 905.8 ESP deferred revenue 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Sterling Jewelers ESP deferred revenue, beginning of period $ 737.4 $ 715.1 Plans sold 65.3 76.0 Revenue recognized (66.7 ) (67.3 ) Sterling Jewelers ESP deferred revenue, end of period $ 736.0 $ 723.8 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Zale ESP deferred revenue, beginning of period $ 168.2 $ 146.1 Plans sold (1) 31.3 40.6 Revenue recognized (31.8 ) (31.6 ) Zale ESP deferred revenue, end of period $ 167.7 $ 155.1 (1) Includes impact of foreign exchange translation.

Warranty reserve

Warranty reserve	3 Months Ended
	Apr. 29, 2017
Other Liabilities Disclosure [Abstract]
Warranty reserve	Warranty reserve Sterling Jewelers and Zale Jewelry segments provide a product lifetime diamond guarantee as long as six-month inspections are performed and certified by an authorized store representative. Provided the customer has complied with the six-month inspection policy, the Company will replace, at no cost to the customer, any stone that chips, breaks or is lost from its original setting during normal wear. Management estimates the warranty accrual based on the lag of actual claims experience and the costs of such claims, inclusive of labor and material. Sterling Jewelers also provides a similar product lifetime guarantee on color gemstones. The warranty reserve for diamond and gemstone guarantee, included in accrued expenses and other current liabilities and other non-current liabilities, is as follows: 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Warranty reserve, beginning of period $ 40.0 $ 41.9 Warranty expense 2.3 2.9 Utilized (1) (3.1 ) (3.5 ) Warranty reserve, end of period $ 39.2 $ 41.3 (1) Includes impact of foreign exchange translation. (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Disclosed as: Current liabilities $ 12.6 $ 13.0 $ 12.4 Non-current liabilities 26.6 27.0 28.9 Total warranty reserve $ 39.2 $ 40.0 $ 41.3

Share-based compensation

Share-based compensation	3 Months Ended
	Apr. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation	Share-based compensation Signet recorded share-based compensation expense of $2.7 million for the 13 weeks ended April 29, 2017 , related to the Omnibus Plan and Share Saving Plans (13 weeks ended April 30, 2016 : $3.8 million ).

Commitments and contingencies

Commitments and contingencies	3 Months Ended
	Apr. 29, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Commitments and contingencies Legal proceedings Employment practices As previously reported, in March 2008, a group of private plaintiffs (the “Claimants”) filed a class action lawsuit for an unspecified amount against SJI, a subsidiary of Signet, in the US District Court for the Southern District of New York alleging that US store-level employment practices are discriminatory as to compensation and promotional activities with respect to gender. In June 2008, the District Court referred the matter to private arbitration where the Claimants sought to proceed on a class-wide basis. The Claimants filed a motion for class certification and SJI opposed the motion. A hearing on the class certification motion was held in late February 2014. On February 2, 2015, the arbitrator issued a Class Determination Award in which she certified for a class-wide hearing Claimants’ disparate impact declaratory and injunctive relief class claim under Title VII, with a class period of July 22, 2004 through date of trial for the Claimants’ compensation claims and December 7, 2004 through date of trial for Claimants’ promotion claims. The arbitrator otherwise denied Claimants’ motion to certify a disparate treatment class alleged under Title VII, denied a disparate impact monetary damages class alleged under Title VII, and denied an opt-out monetary damages class under the Equal Pay Act. On February 9, 2015, Claimants filed an Emergency Motion To Restrict Communications With The Certified Class And For Corrective Notice. SJI filed its opposition to Claimants’ emergency motion on February 17, 2015, and a hearing was held on February 18, 2015. Claimants’ motion was granted in part and denied in part in an order issued on March 16, 2015. Claimants filed a Motion for Reconsideration Regarding Title VII Claims for Disparate Treatment in Compensation on February 11, 2015. SJI filed its opposition to Claimants’ Motion for Reconsideration on March 4, 2015. Claimants’ reply was filed on March 16, 2015. Claimants’ Motion was denied in an order issued April 27, 2015. SJI filed with the US District Court for the Southern District of New York a Motion to Vacate the Arbitrator’s Class Certification Award on March 3, 2015. Claimants’ opposition was filed on March 23, 2015 and SJI’s reply was filed on April 3, 2015. SJI’s motion was heard on May 4, 2015. On November 16, 2015, the US District Court for the Southern District of New York granted SJI’s Motion to Vacate the Arbitrator’s Class Certification Award in part and denied it in part. On November 25, 2015, SJI filed a Motion to Stay the AAA Proceedings while SJI appeals the decision of the US District Court for the Southern District of New York to the United States Court of Appeals for the Second Circuit. Claimants filed their opposition on December 2, 2015. On December 3, 2015, SJI filed with the United States Court of Appeals for the Second Circuit SJI’s Notice of Appeal of the Southern District’s November 16, 2015 Opinion and Order. The arbitrator issued an order denying SJI’s Motion to Stay on February 22, 2016. SJI filed its Brief and Special Appendix with the Second Circuit on March 16, 2016. The matter was fully briefed and oral argument was heard by the U.S. Court of Appeals for the Second Circuit on November 2, 2016. On April 6, 2015, Claimants filed in the AAA Claimants’ Motion for Clarification or in the Alternative Motion for Stay of the Effect of the Class Certification Award as to the Individual Intentional Discrimination Claims. SJI filed its opposition on May 12, 2015. Claimants’ reply was filed on May 22, 2015. Claimants’ motion was granted on June 15, 2015. Claimants filed Claimants’ Motion for Conditional Certification of Claimants’ Equal Pay Act Claims and Authorization of Notice on March 6, 2015. SJI’s opposition was filed on May 1, 2015. Claimants filed their reply on June 5, 2015. The arbitrator heard oral argument on Claimants’ Motion on December 18, 2015 and, on February 29, 2016, issued an Equal Pay Act Collective Action Conditional Certification Award and Order Re Claimants’ Motion For Tolling Of EPA Limitations Period, conditionally certifying Claimants’ Equal Pay Act claims as a collective action, and tolling the statute of limitations on EPA claims to October 16, 2003 to ninety days after notice issues to the putative members of the collective action. SJI filed in the AAA a Motion To Stay Arbitration Pending The District Court’s Consideration Of Respondent’s Motion To Vacate Arbitrator’s Equal Pay Act Collective Action Conditional Certification Award And Order Re Claimants’ Motion For Tolling Of EPA Limitations Period on March 10, 2016. SJI filed in the AAA a Renewed Motion To Stay Arbitration Pending The District Court’s Resolution Of Sterling’s Motion To Vacate Arbitrator’s Equal Pay Act Collective Action Conditional Certification Award And Order Re Claimants’ Motion For Tolling Of EPA Limitations Period on March 31, 2016. Claimants filed their opposition on April 4, 2016. The arbitrator denied SJI’s Motion on April 5, 2016. On March 23, 2016 SJI filed with the US District Court for the Southern District of New York a Motion To Vacate The Arbitrator’s Equal Pay Act Collective Action Conditional Certification Award And Order Re Claimants’ Motion For Tolling Of EPA Limitations Period. Claimants filed their opposition brief on April 11, 2016, SJI filed its reply on April 20, 2016, and oral argument was heard on SJI’s Motion on May 11, 2016. SJI’s Motion was denied on May 22, 2016. On May 31, 2016, SJI filed a Notice Of Appeal of Judge Rakoff’s opinion and order to the Second Circuit Court of Appeals. SJI’s brief was filed September 13, 2016, and Claimants’ brief was filed on December 13, 2016, SJI filed its reply brief on January 10, 2017, and oral argument was heard on May 9, 2017. Claimants filed a Motion For Amended Class Determination Award on November 18, 2015, and on March 31, 2016 the arbitrator entered an order amending the Title VII class certification award to preclude class members from requesting exclusion from the injunctive and declaratory relief class certified in the arbitration. The arbitrator issued a Bifurcated Case Management Plan on April 5, 2016, and ordered into effect the parties’ Stipulation Regarding Notice Of Equal Pay Act Collective Action And Related Notice Administrative Procedures on April 7, 2016. SJI filed in the AAA a Motion For Protective Order on May 2, 2016. Claimants’ opposition was filed on June 3, 2016. The matter was fully briefed and oral argument was heard on July 22, 2016. The motion was granted in part on January 27, 2017. Notice to EPA collective action members was issued on May 3, 2016, and the opt-in period for these notice recipients closed on August 1, 2016. On January 4, 2017, the Arbitrator issued a Second Amended Bifurcated Case Management Plan. At this time, 10,456 current and former employees have submitted consent forms to opt in to the collective action. On April 5, 2017, the Arbitrator issued a Third Amended Case Management Plan. On April 24, 2017, the Arbitrator approved Claimants’ unopposed request to extend case management deadlines. We anticipate trial to begin the week of March 12, 2018, or as soon thereafter as the Arbitrator’s schedule permits. SJI denies the allegations of the Claimants and has been defending the case vigorously. At this point, no outcome or possible loss or range of losses, if any, arising from the litigation is able to be estimated. Also, as previously reported, on September 23, 2008, the US Equal Employment Opportunity Commission (“EEOC”) filed a lawsuit against SJI in the US District Court for the Western District of New York. The EEOC’s lawsuit alleges that SJI engaged in intentional and disparate impact gender discrimination with respect to pay and promotions of female retail store employees from January 1, 2003 to the present. The EEOC asserts claims for unspecified monetary relief and non-monetary relief against the Company on behalf of a class of female employees subjected to these alleged practices. Non-expert fact discovery closed in mid-May 2013. In September 2013, SJI made a motion for partial summary judgment on procedural grounds, which was referred to a Magistrate Judge. The Magistrate Judge heard oral arguments on the summary judgment motion in December 2013. On January 2, 2014, the Magistrate Judge issued his Report, Recommendation and Order, recommending that the Court grant SJI’s motion for partial summary judgment and dismiss the EEOC’s claims in their entirety. The EEOC filed its objections to the Magistrate Judge’s ruling and SJI filed its response thereto. The District Court Judge heard oral arguments on the EEOC’s objections to the Magistrate Judge’s ruling on March 7, 2014 and on March 11, 2014 entered an order dismissing the action with prejudice. On May 12, 2014, the EEOC filed its Notice of Appeal of the District Court Judge’s dismissal of the action to United States Court of Appeals for the Second Circuit. The parties fully briefed the appeal and oral argument occurred on May 5, 2015. On September 9, 2015, the United States Court of Appeals for the Second Circuit issued a decision vacating the District Court’s order and remanding the case back to the District Court for further proceedings. SJI filed a Petition for Panel Rehearing and En Banc Review with the United States Court of Appeals for the Second Circuit, which was denied on December 1, 2015. On December 4, 2015, SJI filed in the United States Court of Appeals for the Second Circuit a Motion Of Appellee Sterling Jewelers Inc. For Stay Of Mandate Pending Petition For Writ Of Certiorari. The Motion was granted by the Second Circuit on December 10, 2015. SJI filed a Petition For Writ Of Certiorari in the Supreme Court of the United States on April 29, 2016, which was denied. The case was remanded to the Western District of New York and on November 2, 2016, the Court issued a case scheduling order. On January 25, 2017, the parties filed a joint motion to extend case scheduling order deadlines. The motion was granted on January 27, 2017. On May 5, 2017 the U.S. District Court for the Western District of New York approved and entered the Consent Decree jointly proposed by the EEOC and SJI, resolving all of the EEOC’s claims against SJI in this litigation for various injunctive relief including but not limited to the appointment of an employment practices expert to review specific policies and practices, a compliance officer to be employed by SJI, as well as obligations relative to training, notices, reporting and record-keeping. The Consent Decree does not require an outside third party monitor or require any monetary payment. The duration of the Consent Decree is three years and three months, expiring on August 4, 2020. Prior to the Acquisition, Zale Corporation was a defendant in three purported class action lawsuits, Tessa Hodge v. Zale Delaware, Inc., d/b/a Piercing Pagoda which was filed on April 23, 2013 in the Superior Court of the State of California, County of San Bernardino; Naomi Tapia v. Zale Corporation which was filed on July 3, 2013 in the US District Court, Southern District of California; and Melissa Roberts v. Zale Delaware, Inc. which was filed on October 7, 2013 in the Superior Court of the State of California, County of Los Angeles. All three cases include allegations that Zale Corporation violated various wage and hour labor laws. Relief is sought on behalf of current and former Piercing Pagoda and Zale Corporation’s employees. The lawsuits seek to recover damages, penalties and attorneys’ fees as a result of the alleged violations. Without admitting or conceding any liability, the Company reached an agreement to settle the Hodge and Roberts matters for an immaterial amount. Final approval of the settlement was granted on March 9, 2015 and the settlement was implemented. On December 28, 2016, the Company participated in a mediation of an employment class action brought against Zale Delaware Inc. d/b/a Zale Corporation. The mediation resulted in a settlement agreement signed by both parties. The settlement resolved various California wage and hour claims involving all current and former employees of Zale Delaware Inc. d/b/a Zale Corporation who were designated as nonexempt and worked in California at any time from July 3, 2010 to present. On April 18, 2017, the Court granted preliminary approval of the settlement. The settlement is subject to final approval by the Court. A hearing for final approval is scheduled for July 14, 2017. Shareholder Action On August 25, 2016, Susan Dube filed a putative class action complaint in the United States District Court for the Southern District of New York against the Company and its current Chief Executive Officer and Chief Financial Officer (Dube v. Signet Jewelers Limited, et al., Civ. No. 16-6728 (S.D.N.Y.)). On August 31, 2016, Lyubomir Spasov filed a putative class action complaint in the same court alleging identical claims against the same defendants (Spasov v. Signet Jewelers Limited, et al., Civ. No. 16-06861 (S.D.N.Y.)). On September 16, 2016, the two actions were consolidated under case number 16-CV-6728. On April 3, 2017, Dube and Spasov filed a second amended complaint, purportedly on behalf of persons or entities that acquired the Company’s securities between August 29, 2013, and February 27, 2017, inclusive, which names the Company and its current and former Chief Executive Officers and Chief Financial Officers as defendants. The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by, among other things, misrepresenting the Company’s business and earnings by failing to disclose that the Company was allegedly experiencing difficulty ensuring the safety of customers’ jewelry while in Signet’s custody for repairs, which allegedly resulted in a drop-off in customer confidence, and making misleading statements about the Company’s credit portfolio and public reports of sexual harassment allegations that were raised by certain claimants in an ongoing pay and promotion gender discrimination class arbitration (the “Arbitration”). The complaint alleges that the Company’s share price was artificially inflated as a result of the alleged misrepresentations and seeks unspecified compensatory damages and costs and expenses, including attorneys’ and experts’ fees. On March 28, 2017, Irving Firemen’s Relief & Retirement System (“IFRRS”) filed a putative class action complaint in the United States District Court for the Northern District of Texas against the Company and its current and former Chief Executive Officers. IFRRS’ complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making statements concerning the Arbitration (Irving Firemen’s Relief & Retirement System v. Signet Jewelers Limited, et. al., Civ. No. 17-00875 (N.D. Tex.)). On March 31, 2017, Maria Mikolchak filed a putative class action complaint in the same court alleging identical claims against the same defendants (Mikolchak v. Signet Jewelers Limited, et. al., Civ. No. 17-00923). The IFRRS and Mikolchak cases have been transferred to the United States District Court for the Southern District of New York and consolidated with the Dube/Spasov action. Motions to serve as lead plaintiff and lead counsel in this consolidated action must be filed by July 5, 2017, and defendants’ obligation to respond to the pending complaints has been stayed until after the Court has appointed a lead plaintiff and an operative complaint has been filed or designated. The Company believes that the claims brought in these shareholder actions are without merit and cannot estimate a range of potential liability, if any, at this time. In the ordinary course of business, Signet may be subject, from time to time, to various other proceedings, lawsuits, disputes or claims incidental to its business, which the Company believes are not significant to Signet’s consolidated financial position, results of operations or cash flows.

Subsequent events

Subsequent events	3 Months Ended
	Apr. 29, 2017
Subsequent Events [Abstract]
Subsequent events	Subsequent events On May 25, 2017, the Company, through its wholly-owned subsidiary Sterling Jewelers, Inc. (“Sterling”), entered into an agreement with Comenity Bank (“Comenity”) under which Comenity will acquire the approximately $1 billion prime-only credit quality portion of Signet's total private label portfolio, the proceeds of which will be received upon closing. In addition, the two companies entered into a long-term agreement where Comenity will become the primary issuer of private-label credit cards and related marketing services for Sterling. Commenity will also acquire a portion of the Company’s existing customer care operations in Ohio, including approximately 250 employees, as part of the transaction. Closing of the transaction is expected in October 2017, subject to regulatory approval and customary closing conditions. During the second quarter of Fiscal 2018, we will classify a portion of our credit card receivables as held for sale, which is expected to result in a gain upon reclassification. Additionally, upon finalizing the transaction, we will repay the $600 million asset-backed securitization facility. Also on May 25, 2017, Sterling and Genesis Financial Solutions, Inc., a Delaware corporation (“Genesis”) entered into a letter agreement, which contains both binding and non-binding provisions (the “Letter of Intent”). The Letter of Intent provides that Genesis will become a servicer for Sterling’s existing non-prime accounts receivable, which includes customer servicing and administrative activities, pursuant to a servicing agreement (the “Servicing Agreement”) with a term of five years subject to renewal for successive two year terms. The Letter of Intent provides that the Servicing Agreement will be subject to customary representations and warranties, indemnification provisions and termination provisions for cause. The Letter of Intent also provides that, simultaneous with the execution of the Servicing Agreement, Sterling and Genesis will enter into an employee transition agreement and a sublease agreement, in each case, pursuant to agreed upon terms and conditions. The Letter of Intent requires the parties to negotiate and execute a definitive Servicing Agreement by June 15, 2017, otherwise the Letter of Intent terminates.

Condensed consolidating financi

Condensed consolidating financial information	3 Months Ended
	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed consolidating financial information	Condensed consolidating financial information The accompanying condensed consolidating financial information has been prepared and presented pursuant to SEC Regulation S-X, Rule 3-10, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.” We and certain of our subsidiaries have guaranteed the obligations under certain debt securities that have been issued by Signet UK Finance plc. The following presents the condensed consolidating financial information for: (i) the indirect Parent Company (Signet Jewelers Limited); (ii) the Issuer of the guaranteed obligations (Signet UK Finance plc); (iii) the Guarantor subsidiaries, on a combined basis; (iv) the non-guarantor subsidiaries, on a combined basis; (v) consolidating eliminations and (vi) Signet Jewelers Limited and Subsidiaries on a consolidated basis. Each Guarantor subsidiary is 100% owned by the Parent Company at the date of each balance sheet presented. The Guarantor subsidiaries, along with Signet Jewelers Limited, will fully and unconditionally guarantee the obligations of Signet UK Finance plc under any such debt securities. Each entity in the consolidating financial information follows the same accounting policies as described in the condensed consolidated financial statements. The accompanying condensed consolidating financial information has been presented on the equity method of accounting for all periods presented. Under this method, investments in subsidiaries are recorded at cost and adjusted for the subsidiaries’ cumulative results of operations, capital contributions and distributions and other changes in equity. Elimination entries include consolidating and eliminating entries for investments in subsidiaries, and intra-entity activity and balances. Condensed Consolidated Income Statement For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Sales $ — $ — $ 1,325.2 $ 78.2 $ — $ 1,403.4 Cost of sales — — (895.4 ) (16.8 ) — (912.2 ) Gross margin — — 429.8 61.4 — 491.2 Selling, general and administrative expenses (0.2 ) — (421.5 ) (31.1 ) — (452.8 ) Other operating income (loss), net — — 77.2 (0.3 ) — 76.9 Operating (loss) income (0.2 ) — 85.5 30.0 — 115.3 Intra-entity interest income (expense) — 4.7 (45.4 ) 40.7 — — Interest expense, net — (4.9 ) (4.1 ) (3.6 ) — (12.6 ) (Loss) income before income taxes (0.2 ) (0.2 ) 36.0 67.1 — 102.7 Income taxes — — (15.4 ) (8.8 ) — (24.2 ) Equity in income of subsidiaries 78.7 — 8.7 22.3 (109.7 ) — Net income (loss) $ 78.5 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 78.5 Dividends on redeemable convertible preferred shares (8.2 ) — — — — (8.2 ) Net income (loss) attributable to common shareholders $ 70.3 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 70.3 Condensed Consolidated Income Statement For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Sales $ — $ — $ 1,518.3 $ 60.6 $ — $ 1,578.9 Cost of sales — — (969.1 ) (9.4 ) — (978.5 ) Gross margin — — 549.2 51.2 — 600.4 Selling, general and administrative expenses (0.1 ) — (438.6 ) (24.0 ) — (462.7 ) Other operating income, net — — 71.6 2.7 — 74.3 Operating (loss) income (0.1 ) — 182.2 29.9 — 212.0 Intra-entity interest income (expense) — 4.7 (46.9 ) 42.2 — — Interest expense, net — (4.9 ) (3.7 ) (3.2 ) — (11.8 ) (Loss) income before income taxes (0.1 ) (0.2 ) 131.6 68.9 — 200.2 Income taxes — — (54.2 ) 0.8 — (53.4 ) Equity in income of subsidiaries 146.9 — 85.2 84.3 (316.4 ) — Net income (loss) $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8 Dividends on redeemable convertible preferred shares — — — — — — Net income (loss) attributable to common shareholders $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8 Condensed Consolidated Statement of Comprehensive Income (Loss) For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net income (loss) $ 78.5 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 78.5 Other comprehensive income (loss): Foreign currency translation adjustments 0.5 — 0.5 — (0.5 ) 0.5 Available-for-sale securities: Unrealized gain 0.2 — — 0.2 (0.2 ) 0.2 Cash flow hedges: Unrealized gain 2.7 — 2.7 — (2.7 ) 2.7 Reclassification adjustment for gains to net income (1.4 ) — (1.4 ) — 1.4 (1.4 ) Pension plan: Reclassification adjustment to net income for amortization of actuarial losses 0.6 — 0.6 — (0.6 ) 0.6 Reclassification adjustment to net income for amortization of net prior service credits (0.3 ) — (0.3 ) — 0.3 (0.3 ) Total other comprehensive income 2.3 — 2.1 0.2 (2.3 ) 2.3 Total comprehensive income (loss) $ 80.8 $ (0.2 ) $ 31.4 $ 80.8 $ (112.0 ) $ 80.8 Condensed Consolidated Statement of Comprehensive Income (Loss) For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net income (loss) $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8 Other comprehensive income (loss): Foreign currency translation adjustments 30.8 — 32.2 (1.4 ) (30.8 ) 30.8 Available-for-sale securities: Unrealized gain 0.2 — — 0.2 (0.2 ) 0.2 Cash flow hedges: Unrealized gain 3.6 — 3.6 — (3.6 ) 3.6 Reclassification adjustment for losses to net income 1.1 — 1.1 — (1.1 ) 1.1 Pension plan: Reclassification adjustment to net income for amortization of actuarial losses 0.3 — 0.3 — (0.3 ) 0.3 Reclassification adjustment to net income for amortization of net prior service credits (0.4 ) — (0.4 ) — 0.4 (0.4 ) Total other comprehensive income (loss) 35.6 — 36.8 (1.2 ) (35.6 ) 35.6 Total comprehensive income (loss) $ 182.4 $ (0.2 ) $ 199.4 $ 152.8 $ (352.0 ) $ 182.4 Condensed Consolidated Balance Sheet April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 1.0 $ 0.1 $ 72.9 $ 25.7 $ — $ 99.7 Accounts receivable, net — — 1,726.1 0.2 — 1,726.3 Intra-entity receivables, net — — 87.0 — (87.0 ) — Other receivables — — 62.3 26.3 — 88.6 Other current assets 0.1 — 154.0 4.9 — 159.0 Income taxes — — 1.8 — — 1.8 Inventories — — 2,362.0 70.4 — 2,432.4 Total current assets 1.1 0.1 4,466.1 127.5 (87.0 ) 4,507.8 Non-current assets: Property, plant and equipment, net — — 825.6 4.2 — 829.8 Goodwill — — 512.5 3.6 — 516.1 Intangible assets, net — — 411.9 — — 411.9 Investment in subsidiaries 3,200.8 — 734.5 616.8 (4,552.1 ) — Intra-entity receivables, net — 407.8 — 3,637.5 (4,045.3 ) — Other assets — — 134.1 31.0 — 165.1 Deferred tax assets — — 0.5 0.1 — 0.6 Retirement benefit asset — — 33.9 — — 33.9 Total assets $ 3,201.9 $ 407.9 $ 7,119.1 $ 4,420.7 $ (8,684.4 ) $ 6,465.2 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 132.2 $ — $ — $ 131.5 Accounts payable — — 170.6 7.2 — 177.8 Intra-entity payables, net 16.2 — — 70.8 (87.0 ) — Accrued expenses and other current liabilities 30.0 7.2 343.9 19.2 — 400.3 Deferred revenue — — 272.1 — — 272.1 Income taxes — — 36.3 (2.1 ) — 34.2 Total current liabilities 46.2 6.5 955.1 95.1 (87.0 ) 1,015.9 Non-current liabilities: Long-term debt — 394.5 317.1 600.0 — 1,311.6 Intra-entity payables, net — — 4,045.3 — (4,045.3 ) — Other liabilities — — 200.9 5.3 — 206.2 Deferred revenue — — 658.6 — — 658.6 Deferred tax liabilities — — 117.1 0.1 — 117.2 Total liabilities 46.2 401.0 6,294.1 700.5 (4,132.3 ) 3,309.5 Series A redeemable convertible preferred shares 612.3 — — — — 612.3 Total shareholders’ equity 2,543.4 6.9 825.0 3,720.2 (4,552.1 ) 2,543.4 Total liabilities, preferred shares and shareholders’ equity $ 3,201.9 $ 407.9 $ 7,119.1 $ 4,420.7 $ (8,684.4 ) $ 6,465.2 Condensed Consolidated Balance Sheet January 28, 2017 (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 1.7 $ 0.1 $ 70.3 $ 26.6 $ — $ 98.7 Accounts receivable, net — — 1,858.0 — — 1,858.0 Intra-entity receivables, net 12.7 — 145.1 — (157.8 ) — Other receivables — — 71.1 24.8 — 95.9 Other current assets — — 131.4 4.9 — 136.3 Income taxes — — 4.4 — — 4.4 Inventories — — 2,371.8 77.5 — 2,449.3 Total current assets 14.4 0.1 4,652.1 133.8 (157.8 ) 4,642.6 Non-current assets: Property, plant and equipment, net — — 818.5 4.4 — 822.9 Goodwill — — 514.0 3.6 — 517.6 Intangible assets, net — — 417.0 — — 417.0 Investment in subsidiaries 3,117.6 — 721.6 590.9 (4,430.1 ) — Intra-entity receivables, net — 402.9 — 3,647.1 (4,050.0 ) — Other assets — — 134.8 30.3 — 165.1 Deferred tax assets — — 0.6 0.1 — 0.7 Retirement benefit asset — — 31.9 — — 31.9 Total assets $ 3,132.0 $ 403.0 $ 7,290.5 $ 4,410.2 $ (8,637.9 ) $ 6,597.8 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 91.8 $ — $ — $ 91.1 Accounts payable — — 248.2 7.5 — 255.7 Intra-entity payables, net — — — 157.8 (157.8 ) — Accrued expenses and other current liabilities 29.9 2.5 429.2 16.6 — 478.2 Deferred revenue — — 275.5 1.4 — 276.9 Income taxes — (0.2 ) 115.5 (13.5 ) — 101.8 Total current liabilities 29.9 1.6 1,160.2 169.8 (157.8 ) 1,203.7 Non-current liabilities: Long-term debt — 394.3 323.6 600.0 — 1,317.9 Intra-entity payables, net — — 4,050.0 — (4,050.0 ) — Other liabilities — — 208.7 5.0 — 213.7 Deferred revenue — — 659.0 — — 659.0 Deferred tax liabilities — — 101.4 — — 101.4 Total liabilities 29.9 395.9 6,502.9 774.8 (4,207.8 ) 3,495.7 Series A redeemable convertible preferred shares 611.9 — — — — 611.9 Total shareholders’ equity 2,490.2 7.1 787.6 3,635.4 (4,430.1 ) 2,490.2 Total liabilities, preferred shares and shareholders’ equity $ 3,132.0 $ 403.0 $ 7,290.5 $ 4,410.2 $ (8,637.9 ) $ 6,597.8 Condensed Consolidated Balance Sheet April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.6 $ 0.1 $ 87.6 $ 24.7 $ — $ 113.0 Accounts receivable, net — — 1,685.1 4.2 — 1,689.3 Intra-entity receivables, net 133.0 — — 202.0 (335.0 ) — Other receivables — — 44.9 18.8 — 63.7 Other current assets 0.1 — 155.8 5.3 — 161.2 Income taxes — — 1.4 — — 1.4 Inventories — — 2,433.9 78.7 — 2,512.6 Total current assets 133.7 0.1 4,408.7 333.7 (335.0 ) 4,541.2 Non-current assets: Property, plant and equipment, net — — 720.5 5.2 — 725.7 Goodwill — — 516.1 3.6 — 519.7 Intangible assets, net — — 430.4 — — 430.4 Investment in subsidiaries 2,985.1 — 687.4 527.2 (4,199.7 ) — Intra-entity receivables, net — 407.5 — 3,657.5 (4,065.0 ) — Other assets — — 127.0 30.2 — 157.2 Deferred tax assets — — — — — — Retirement benefit asset — — 53.5 — — 53.5 Total assets $ 3,118.8 $ 407.6 $ 6,943.6 $ 4,557.4 $ (8,599.7 ) $ 6,427.7 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 110.8 $ — $ — $ 110.1 Accounts payable — — 248.3 7.4 — 255.7 Intra-entity payables, net — — 335.0 — (335.0 ) — Accrued expenses and other current liabilities 20.6 7.1 369.0 12.8 — 409.5 Deferred revenue — — 261.4 — — 261.4 Income taxes — — 22.6 (3.5 ) — 19.1 Total current liabilities 20.6 6.4 1,347.1 16.7 (335.0 ) 1,055.8 Non-current liabilities: Long-term debt — 393.7 317.8 600.0 — 1,311.5 Intra-entity payables, net — — 4,065.0 — (4,065.0 ) — Other liabilities — — 223.5 6.2 — 229.7 Deferred revenue — — 644.4 — — 644.4 Deferred tax liabilities — — 88.3 (0.2 ) — 88.1 Total liabilities 20.6 400.1 6,686.1 622.7 (4,400.0 ) 3,329.5 Series A redeemable convertible preferred shares — — — — — — Total shareholders’ equity 3,098.2 7.5 257.5 3,934.7 (4,199.7 ) 3,098.2 Total liabilities, preferred shares and shareholders’ equity $ 3,118.8 $ 407.6 $ 6,943.6 $ 4,557.4 $ (8,599.7 ) $ 6,427.7 Condensed Consolidated Statement of Cash Flows For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net cash provided by (used in) operating activities $ — $ 4.9 $ (20.9 ) $ 72.8 $ — $ 56.8 Investing activities Purchase of property, plant and equipment — — (56.2 ) — — (56.2 ) Investment in subsidiaries — — — — — — Purchase of available-for-sale securities — — — (0.7 ) — (0.7 ) Proceeds from available-for-sale securities — — — 0.3 — 0.3 Net cash (used in) provided by investing activities — — (56.2 ) (0.4 ) — (56.6 ) Financing activities Dividends paid on common shares (17.8 ) — — — — (17.8 ) Dividends paid on redeemable convertible preferred shares (11.3 ) — — — — (11.3 ) Intra-entity dividends paid — — — — — — Proceeds from issuance of common shares 0.1 — — — — 0.1 Excess tax benefit from exercise of share awards — — — — — — Repayments of term loan — — (4.5 ) — — (4.5 ) Proceeds from securitization facility — — — 666.5 — 666.5 Repayments of securitization facility — — — (666.5 ) — (666.5 ) Proceeds from revolving credit facility — — 128.0 — — 128.0 Repayments of revolving credit facility — — (121.0 ) — — (121.0 ) Repurchase of common shares — — — — — — Net settlement of equity based awards (1.1 ) — — — — (1.1 ) Capital lease payments — — — — — — Proceeds from short-term borrowings — — 31.2 — — 31.2 Intra-entity activity, net 29.4 (4.9 ) 48.9 (73.4 ) — — Net cash provided by (used in) financing activities (0.7 ) (4.9 ) 82.6 (73.4 ) — 3.6 Cash and cash equivalents at beginning of period 1.7 0.1 70.3 26.6 — 98.7 Increase (decrease) in cash and cash equivalents (0.7 ) — 5.5 (1.0 ) — 3.8 Effect of exchange rate changes on cash and cash equivalents — — (2.9 ) 0.1 — (2.8 ) Cash and cash equivalents at end of period $ 1.0 $ 0.1 $ 72.9 $ 25.7 $ — $ 99.7 Condensed Consolidated Statement of Cash Flows For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net cash provided by (used in) operating activities $ 314.6 $ 4.9 $ 240.5 $ 269.4 $ (715.0 ) $ 114.4 Investing activities Purchase of property, plant and equipment — — (39.3 ) — — (39.3 ) Investment in subsidiaries (65.0 ) — — — 65.0 — Purchase of available-for-sale securities — — — (0.8 ) — (0.8 ) Proceeds from available-for-sale securities — — — 1.2 — 1.2 Net cash (used in) provided by investing activities (65.0 ) — (39.3 ) 0.4 65.0 (38.9 ) Financing activities Dividends paid on common shares (17.5 ) — — — — (17.5 ) Dividends paid on redeemable convertible preferred shares — — — — — — Intra-entity dividends paid — — (450.0 ) (265.0 ) 715.0 — Proceeds from issuance of common shares 0.3 — 65.0 — (65.0 ) 0.3 Excess tax benefit from exercise of share awards — — 1.3 — — 1.3 Repayments of term loan — — (7.5 ) — — (7.5 ) Proceeds from securitization facility — — — 696.5 — 696.5 Repayments of securitization facility — — — (696.5 ) — (696.5 ) Proceeds from revolving credit facility — — 99.0 — — 99.0 Repayments of revolving credit facility — — (55.0 ) — — (55.0 ) Repurchase of common shares (125.0 ) — — — — (125.0 ) Net settlement of equity based awards (4.6 ) — — — — (4.6 ) Capital lease payments — — (0.1 ) — — (0.1 ) Proceeds from short-term borrowings — — 6.0 — — 6.0 Intra-entity activity, net (104.1 ) (4.9 ) 122.8 (13.8 ) — — Net cash provided by (used in) financing activities (250.9 ) (4.9 ) (218.5 ) (278.8 ) 650.0 (103.1 ) Cash and cash equivalents at beginning of period 1.9 0.1 102.0 33.7 — 137.7 Increase (decrease) in cash and cash equivalents (1.3 ) — (17.3 ) (9.0 ) — (27.6 ) Effect of exchange rate changes on cash and cash equivalents — — 2.9 — — 2.9 Cash and cash equivalents at end of period $ 0.6 $ 0.1 $ 87.6 $ 24.7 $ — $ 113.0

Organization and principal ac29

Organization and principal accounting policies (Policies)	3 Months Ended
	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of preparation	Basis of preparation The condensed consolidated financial statements of Signet are prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with US generally accepted accounting principles (“US GAAP”) have been condensed or omitted from this report, as is permitted by such rules and regulations. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of the results for the interim periods. It is suggested that these condensed consolidated financial statements be read in conjunction with the consolidated financial statements and notes included in Signet’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 filed with the SEC on March 16, 2017 .
Use of estimates	Use of estimates The preparation of these condensed consolidated financial statements, in conformity with US GAAP and SEC regulations for interim reporting, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates and assumptions are primarily made in relation to the valuation of accounts receivables, inventories, deferred revenue, derivatives, employee benefits, income taxes, contingencies, asset impairments, indefinite-lived intangible assets, as well as depreciation and amortization of long-lived assets.
Foreign currency transactions	Foreign currency translation The financial position and operating results of certain foreign operations, including the UK Jewelry division and the Canadian operations of the Zale Jewelry segment, are consolidated using the local currency as the functional currency. Assets and liabilities are translated at the rates of exchange on the balance sheet date, and revenues and expenses are translated at the monthly average rates of exchange during the period. Resulting translation gains or losses are included in the accompanying condensed consolidated statements of equity as a component of accumulated other comprehensive income (loss) (“AOCI”). Gains or losses resulting from foreign currency transactions are included within the condensed consolidated income statements.

New accounting pronouncements (

New accounting pronouncements (Policies)	3 Months Ended
	Apr. 29, 2017
Accounting Policies [Abstract]
New accounting pronouncements	New accounting pronouncements adopted during the period Inventory In July 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” The new guidance states that inventory will be measured at the lower of cost and net realizable value. The ASU defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The adoption of this guidance in the first quarter of Fiscal 2018 did not have a material impact on the Company’s financial position or results of operations. Share-based compensation In March 2016, the FASB issued ASU No. 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The new guidance simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company adopted all aspects of this guidance prospectively in the first quarter of Fiscal 2018 with a policy election to continue to estimate expected forfeitures in determining the amount of share-based compensation expense to be recognized. The adoption of this guidance did not have a material impact on the Company’s financial position or results of operations. See Note 8 for additional information regarding the impact on the Company’s results of operations in the first quarter of Fiscal 2018. New accounting pronouncements to be adopted in future periods Credit Losses In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The new guidance requires entities to measure and recognize expected credit losses for financial assets measured at amortized cost basis. The estimate of expected credit losses should consider historical information, current information, and reasonable and supportable forecasts of expected losses over the remaining contractual life that affect collectibility. ASU No. 2016-13 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2019, with early adoption permitted. Signet currently expects to adopt this guidance when effective, and continues to assess the impact the adoption of this guidance will have on the Company’s financial position or results of operations. Revenue recognition In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The new guidance affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards (for example, insurance contracts or lease contracts). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 provides alternative methods of retrospective adoption. In August 2015, the FASB issued an update (ASU No. 2015-14) that defers the effective date by one year. As a result, ASU No. 2014-09 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016, including interim periods within that annual period. There are many aspects of this new accounting guidance that are still being interpreted. The FASB has recently issued updates to certain aspects of the guidance to address implementation issues. In March 2016, the FASB issued additional guidance concerning “Principal versus Agent” considerations (reporting revenue gross versus net); in April 2016, the FASB issued additional guidance on identifying performance obligations and licensing; and in May 2016, the FASB issued additional guidance on collectibility, noncash consideration, presentation of sales tax, and transition. These updates are intended to improve the operability and understandability of the implementation guidance and have the same effective date and transition requirements as ASU No. 2014-09 guidance discussed above. Signet is in the process of evaluating contracts with customers under the new guidance and cannot currently estimate the financial statement impact of adoption. The Company expects to progress through its assessment during Fiscal 2018 and will adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. A decision has not yet been made regarding the transition method the Company will use to adopt the new guidance. Financial instruments In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” The new guidance primarily impacts accounting for equity investments and financial liabilities under the fair value option, as well as, the presentation and disclosure requirements for financial instruments. Under the new guidance, equity investments will generally be measured at fair value, with subsequent changes in fair value recognized in net income. ASU No. 2016-01 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Signet plans to adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. Signet does not expect the adoption of this guidance to have a material impact on the Company’s financial position or results of operations. Leases In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” The new guidance primarily impacts lessee accounting by requiring the recognition of a right-of-use asset and a corresponding lease liability on the balance sheet for long-term lease agreements. The lease liability will be equal to the present value of all reasonably certain lease payments. The right-of-use asset will be based on the liability, subject to adjustment for initial direct costs. Lease agreements that are 12 months or less are permitted to be excluded from the balance sheet. In general, leases will be amortized on a straight-line basis with the exception of finance lease agreements. ASU No. 2016-02 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. Signet is currently assessing the timing of adoption which is effective for the first quarter of our fiscal year ending February 1, 2020 and the impact that adopting this guidance will have on the Company’s financial position or results of operations. Liabilities In March 2016, the FASB issued ASU No. 2016-04, “Liabilities - Extinguishments of Liabilities (Subtopic 405-20).” The new guidance addresses diversity in practice related to the derecognition of a prepaid stored-value product liability. Liabilities related to the sale of prepaid stored-value products within the scope of this update are financial liabilities. ASU No. 2016-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. Signet plans to adopt this guidance in the first quarter of our fiscal year ending February 2, 2019. Signet does not expect the adoption of this guidance to have a material impact on the Company’s financial position or results of operations. Intangibles In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other: Simplifying the Test for Goodwill Impairment.” The new guidance requires a single-step quantitative test to identify and measure goodwill impairment based on the excess of a reporting unit's carrying amount over its fair value. A qualitative assessment may still be completed first for an entity to determine if a quantitative impairment test is necessary. ASU No. 2017-04 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2019, with early adoption permitted. Signet is currently assessing the timing of adoption and the impact this guidance will have on the Company’s financial position or results of operations. Retirement Benefits In March 2017, the FASB issued ASU No. 2017-07, “Compensation - Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The new guidance requires entities to present the service cost component of the net periodic pension cost in the same income statement line item as other employee compensation costs arising from services rendered during the period. Entities will present the other components of net benefit cost separately from the service cost component and outside of operating profit within the income statement. In addition, only the service cost component will be eligible for capitalization in assets. ASU No. 2017-07 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017, with early adoption permitted. Signet is currently assessing the timing of adoption and the impact this guidance will have on the Company’s financial position or results of operations.

Segment information (Tables)

Segment information (Tables)	3 Months Ended
	Apr. 29, 2017
Segment Reporting [Abstract]
Segment reporting information, by segment	13 weeks ended (in millions) April 29, 2017 April 30, 2016 Sales: Sterling Jewelers $ 871.0 $ 980.4 Zale Jewelry 333.7 381.4 Piercing Pagoda 69.7 69.0 UK Jewelry 122.5 144.0 Other 6.5 4.1 Total sales $ 1,403.4 $ 1,578.9 Operating income: Sterling Jewelers $ 129.5 $ 198.3 Zale Jewelry 2.1 18.3 Piercing Pagoda 3.2 7.8 UK Jewelry (2.5 ) 1.3 Other (17.0 ) (13.7 ) Total operating income $ 115.3 $ 212.0 (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Total assets: Sterling Jewelers $ 3,891.6 $ 4,015.4 $ 3,756.6 Zale Jewelry 1,926.8 1,940.7 1,974.9 Piercing Pagoda 143.4 141.6 139.1 UK Jewelry 394.3 372.6 447.8 Other 109.1 127.5 109.3 Total assets $ 6,465.2 $ 6,597.8 $ 6,427.7

Shareholders' equity (Tables)

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 Shares Amount Average Shares Amount Average 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 Cash dividend Total 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.

Earnings per common share (_EPS

Earnings per common share (“EPS”) (Tables)	3 Months Ended
	Apr. 29, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic	The computation of basic EPS is outlined in the table below: 13 weeks ended (in millions, except per share amounts) April 29, 2017 April 30, 2016 Numerator: Net income attributable to common shareholders $ 70.3 $ 146.8 Denominator: Weighted average common shares outstanding 68.1 78.6 EPS – basic $ 1.03 $ 1.87
Schedule of Earnings Per Share, Diluted	The computation of diluted EPS is outlined in the table below: 13 weeks ended (in millions, except per share amounts) April 29, 2017 April 30, 2016 Numerator: Net income attributable to common shareholders $ 70.3 $ 146.8 Add: Dividends on preferred shares — n/a Numerator for diluted EPS $ 70.3 $ 146.8 Denominator: Weighted average common shares outstanding 68.1 78.6 Plus: Dilutive effect of share awards 0.1 0.1 Plus: Dilutive effect of preferred shares — n/a Diluted weighted average common shares outstanding 68.2 78.7 EPS – diluted $ 1.03 $ 1.87 n/a Not applicable as preferred shares were issued in October 2016. See Note 4 for additional information.
Schedule of antidilutive securities excluded from computation of earnings per share	The calculation of diluted EPS excludes the following items for each respective period on the basis that their effect would be anti-dilutive. 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Share awards 0.3 0.1 Potential impact of preferred shares 6.7 — Total anti-dilutive shares 7.0 0.1

Accumulated other comprehensi34

Accumulated other comprehensive income (loss) (Tables)	3 Months Ended
	Apr. 29, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables present the changes in AOCI by component and the reclassifications out of AOCI, net of tax: Pension plan (in millions) Foreign Losses on available-for-sale securities, net Gains (losses) Actuarial Prior Accumulated Balance at January 28, 2017 $ (263.4 ) $ (0.4 ) $ 2.4 $ (55.5 ) $ 9.2 $ (307.7 ) Other comprehensive income (“OCI”) before reclassifications 0.5 0.2 2.7 — — 3.4 Amounts reclassified from AOCI to net income — — (1.4 ) 0.6 (0.3 ) (1.1 ) Net current period OCI 0.5 0.2 1.3 0.6 (0.3 ) 2.3 Balance at April 29, 2017 $ (262.9 ) $ (0.2 ) $ 3.7 $ (54.9 ) $ 8.9 $ (305.4 )
Reclassification out of Accumulated Other Comprehensive Income	The amounts reclassified from AOCI were as follows: Amounts reclassified from AOCI 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Income statement caption (Gains) losses on cash flow hedges: Foreign currency contracts $ (1.0 ) $ (0.2 ) Cost of sales (see Note 13) Interest rate swaps 0.3 0.6 Interest expense, net (see Note 13) Commodity contracts (1.2 ) 1.2 Cost of sales (see Note 13) Total before income tax (1.9 ) 1.6 Income taxes 0.5 (0.5 ) Net of tax (1.4 ) 1.1 Defined benefit pension plan items: Amortization of unrecognized actuarial losses 0.7 0.4 Selling, general and administrative expenses (1) Amortization of unrecognized net prior service credits (0.4 ) (0.5 ) Selling, general and administrative expenses (1) Total before income tax 0.3 (0.1 ) Income taxes — — Net of tax 0.3 (0.1 ) Total reclassifications, net of tax $ (1.1 ) $ 1.0 (1) These items are included in the computation of net periodic pension benefit.

Income taxes (Tables)

Income taxes (Tables)	3 Months Ended
	Apr. 29, 2017
Income Tax Disclosure [Abstract]
Reconciliation Of Effective Tax Rate	13 weeks ended April 29, 2017 April 30, 2016 Forecasted annual effective tax rate 23.0 % 26.7 % Discrete items recognized 0.6 % — % Effective tax rate recognized in income statement 23.6 % 26.7 %

Accounts receivable, net (Table

Accounts receivable, net (Tables)	3 Months Ended
	Apr. 29, 2017
Receivables [Abstract]
Accounts Receivable By Portfolio Segment, Net	(in millions) April 29, 2017 January 28, 2017 April 30, 2016 Accounts receivable by portfolio segment, net: Sterling Jewelers customer in-house finance receivables $ 1,683.8 $ 1,813.3 $ 1,654.3 Zale customer in-house finance receivables 32.8 33.4 21.6 Other accounts receivable 9.7 11.3 13.4 Total accounts receivable, net $ 1,726.3 $ 1,858.0 $ 1,689.3
Allowance for Credit Losses on US Customer In-House Finance Receivables	The allowance for credit losses on Sterling Jewelers customer in-house finance receivables is shown below: 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Beginning balance: $ (138.7 ) $ (130.0 ) Charge-offs, net 54.4 46.8 Recoveries 9.1 10.1 Provision (51.7 ) (43.7 ) Ending balance $ (126.9 ) $ (116.8 ) Ending receivable balance evaluated for impairment 1,810.7 1,771.1 Sterling Jewelers customer in-house finance receivables, net $ 1,683.8 $ 1,654.3
Credit Quality Indicator and Age Analysis of Past Due US Customer In-House Finance Receivables	The credit quality indicator and age analysis of Sterling Jewelers customer in-house finance receivables are shown below: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Gross Valuation Gross Valuation Gross Valuation Performing: Current, aged 0 – 30 days $ 1,445.9 $ (44.5 ) $ 1,538.2 $ (47.2 ) $ 1,427.5 $ (43.4 ) Past due, aged 31 – 60 days 251.9 (8.3 ) 282.0 (9.0 ) 240.9 (7.9 ) Past due, aged 61 – 90 days 40.9 (2.1 ) 51.6 (2.3 ) 39.2 (2.0 ) Non Performing: Past due, aged more than 90 days 72.0 (72.0 ) 80.2 (80.2 ) 63.5 (63.5 ) $ 1,810.7 $ (126.9 ) $ 1,952.0 $ (138.7 ) $ 1,771.1 $ (116.8 ) April 29, 2017 January 28, 2017 April 30, 2016 (as a % of the ending receivable balance) Gross Valuation Gross Valuation Gross Valuation Performing Current, aged 0 – 30 days 79.8 % 3.1 % 78.8 % 3.1 % 80.6 % 3.0 % Past due, aged 31 – 60 days 13.9 % 3.3 % 14.5 % 3.2 % 13.6 % 3.3 % Past due, aged 61 – 90 days 2.3 % 5.1 % 2.6 % 4.5 % 2.2 % 5.1 % Non Performing Past due, aged more than 90 days 4.0 % 100.0 % 4.1 % 100.0 % 3.6 % 100.0 % 100.0 % 7.0 % 100.0 % 7.1 % 100.0 % 6.6 %

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 29, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	The following table summarizes the Company’s inventory by classification: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Raw materials $ 51.2 $ 60.8 $ 76.6 Finished goods 2,381.2 2,388.5 2,436.0 Total inventories $ 2,432.4 $ 2,449.3 $ 2,512.6

Goodwill and intangibles (Table

Goodwill and intangibles (Tables)	3 Months Ended
	Apr. 29, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Goodwill by Reporting Unit	The following table summarizes the Company’s goodwill by reportable segment: (in millions) Sterling Zale Piercing UK Jewelry Other Total Balance at January 30, 2016 $ 23.2 $ 488.7 $ — $ — $ 3.6 $ 515.5 Impact of foreign exchange — 2.1 — — — 2.1 Balance at January 28, 2017 23.2 490.8 — — 3.6 517.6 Impact of foreign exchange — (1.5 ) — — — (1.5 ) Balance at April 29, 2017 $ 23.2 $ 489.3 $ — $ — $ 3.6 $ 516.1
Schedule of Finite-Lived Intangible Assets	The following table provides detail regarding the composition of intangible assets and liabilities: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Balance sheet location Gross Accumulated Net Gross Accumulated Net Gross Accumulated Net Definite-lived intangible assets: Trade names Intangible assets, net $ 1.4 $ (0.8 ) $ 0.6 $ 1.4 $ (0.8 ) $ 0.6 $ 1.5 $ (0.6 ) $ 0.9 Favorable leases Intangible assets, net 47.2 (38.9 ) 8.3 47.6 (36.0 ) 11.6 48.3 (26.2 ) 22.1 Total definite-lived intangible assets 48.6 (39.7 ) 8.9 49.0 (36.8 ) 12.2 49.8 (26.8 ) 23.0 Indefinite-lived trade names Intangible assets, net 403.0 — 403.0 404.8 — 404.8 407.4 — 407.4 Total intangible assets, net $ 451.6 $ (39.7 ) $ 411.9 $ 453.8 $ (36.8 ) $ 417.0 $ 457.2 $ (26.8 ) $ 430.4 Definite-lived intangible liabilities: Unfavorable leases Other liabilities $ (47.9 ) $ 41.4 $ (6.5 ) $ (48.3 ) $ 38.2 $ (10.1 ) $ (48.8 ) $ 27.7 $ (21.1 ) Unfavorable contracts Other liabilities (65.6 ) 34.8 (30.8 ) (65.6 ) 33.5 (32.1 ) (65.6 ) 29.4 (36.2 ) Total intangible liabilities, net $ (113.5 ) $ 76.2 $ (37.3 ) $ (113.9 ) $ 71.7 $ (42.2 ) $ (114.4 ) $ 57.1 $ (57.3 )

Other assets (Tables)

Other assets (Tables)	3 Months Ended
	Apr. 29, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	(in millions) April 29, 2017 January 28, 2017 April 30, 2016 Deferred ESP selling costs $ 86.7 $ 86.1 $ 81.8 Investments 27.9 27.2 26.8 Other assets 50.5 51.8 48.6 Total other assets $ 165.1 $ 165.1 $ 157.2

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Apr. 29, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table summarizes the fair value and presentation of derivative instruments in the condensed consolidated balance sheets: Fair value of derivative assets (in millions) Balance sheet location April 29, 2017 January 28, 2017 April 30, 2016 Derivatives designated as hedging instruments: Foreign currency contracts Other current assets $ 0.4 $ 1.4 $ 0.2 Commodity contracts Other current assets 2.0 — 5.5 Interest rate swaps Other assets 0.8 0.4 — $ 3.2 $ 1.8 $ 5.7 Derivatives not designated as hedging instruments: Foreign currency contracts Other current assets — 1.8 0.2 Total derivative assets $ 3.2 $ 3.6 $ 5.9 Fair value of derivative liabilities (in millions) Balance sheet location April 29, 2017 January 28, 2017 April 30, 2016 Derivatives designated as hedging instruments: Foreign currency contracts Other current liabilities $ (0.8 ) $ (0.2 ) $ (0.5 ) Commodity contracts Other current liabilities — (3.4 ) — Interest rate swaps Other liabilities — — (3.2 ) (0.8 ) (3.6 ) (3.7 ) Derivatives not designated as hedging instruments: Foreign currency contracts Other current liabilities (0.5 ) — (0.1 ) Total derivative liabilities $ (1.3 ) $ (3.6 ) $ (3.8 )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table summarizes the pre-tax gains recorded in AOCI for derivatives designated in cash flow hedging relationships: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Foreign currency contracts $ 2.1 $ 4.1 $ 0.6 Commodity contracts 2.1 (2.1 ) 4.4 Interest rate swaps 0.8 0.4 (3.2 ) Gains recorded in AOCI $ 5.0 $ 2.4 $ 1.8
Derivative Instruments, Gain (Loss)	The following tables summarize the effect of derivative instruments designated as cash flow hedges in OCI and the condensed consolidated income statements: Foreign currency contracts 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Gains recorded in AOCI, beginning of period $ 4.1 $ 1.4 Current period losses recognized in OCI (1.0 ) (0.6 ) Gains reclassified from AOCI to net income Cost of sales (1.0 ) (0.2 ) Gains recorded in AOCI, end of period $ 2.1 $ 0.6 Commodity contracts 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Losses recorded in AOCI, beginning of period $ (2.1 ) $ (3.7 ) Current period gains recognized in OCI 5.4 6.9 (Gains) losses reclassified from AOCI to net income Cost of sales (1.2 ) 1.2 Gains recorded in AOCI, end of period $ 2.1 $ 4.4 Interest rate swaps 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Gains (losses) recorded in AOCI, beginning of period $ 0.4 $ (3.4 ) Current period gains (losses) recognized in OCI 0.1 (0.4 ) Losses reclassified from AOCI to net income Interest expense, net 0.3 0.6 Gains (losses) recorded in AOCI, end of period $ 0.8 $ (3.2 ) The following table presents the effects of the Company’s derivatives instruments not designated as cash flow hedges in the condensed consolidated income statements: 13 weeks ended (in millions) Income statement caption April 29, 2017 April 30, 2016 Derivatives not designated as hedging instruments: Foreign currency contracts Other operating income, net $ (1.7 ) $ (0.3 )

Fair value measurements (Tables

Fair value measurements (Tables)	3 Months Ended
	Apr. 29, 2017
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The methods Signet uses to determine fair value on an instrument-specific basis are detailed below: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Carrying Value Quoted prices in active markets for identical assets Significant Carrying Value Quoted prices in active markets for identical assets Significant Carrying Value Quoted prices in active markets for identical assets Significant other observable inputs (Level 2) Assets: US Treasury securities $ 7.9 $ 7.9 $ — $ 8.1 $ 8.1 $ — $ 8.8 $ 8.8 $ — Corporate equity securities 4.0 4.0 — 3.8 3.8 — 3.4 3.4 — Foreign currency contracts 0.4 — 0.4 3.2 — 3.2 0.4 — 0.4 Commodity contracts 2.0 — 2.0 — — — 5.5 — 5.5 Interest rate swaps 0.8 0.8 0.4 — 0.4 — — — US government agency securities 4.9 — 4.9 4.4 — 4.4 3.3 — 3.3 Corporate bonds and notes 11.1 — 11.1 10.9 — 10.9 11.3 — 11.3 Total assets $ 31.1 $ 11.9 $ 19.2 $ 30.8 $ 11.9 $ 18.9 $ 32.7 $ 12.2 $ 20.5 Liabilities: Foreign currency contracts $ (1.3 ) $ — $ (1.3 ) $ (0.2 ) $ — $ (0.2 ) $ (0.6 ) $ — $ (0.6 ) Commodity contracts — — — (3.4 ) — (3.4 ) — — — Interest rate swaps — — — — — — (3.2 ) — (3.2 ) Total liabilities $ (1.3 ) $ — $ (1.3 ) $ (3.6 ) $ — $ (3.6 ) $ (3.8 ) $ — $ (3.8 )
Schedule of Carrying Values and Estimated Fair Values	The carrying amount and fair value of outstanding debt at April 29, 2017 , January 28, 2017 and April 30, 2016 were as follows: April 29, 2017 January 28, 2017 April 30, 2016 (in millions) Carrying Fair Value Carrying Fair Value Carrying Fair Value Long-term debt: Senior notes (Level 2) $ 393.9 $ 396.5 $ 393.7 $ 391.2 $ 393.0 $ 395.1 Securitization facility (Level 2) 599.7 600.0 599.7 600.0 599.9 600.0 Term loan (Level 2) 340.8 344.1 345.1 348.6 354.1 357.5 Capital lease obligations (Level 2) — — — — 0.1 0.1 Total $ 1,334.4 $ 1,340.6 $ 1,338.5 $ 1,339.8 $ 1,347.1 $ 1,352.7

Loans, overdrafts and long-te42

Loans, overdrafts and long-term debt (Tables)	3 Months Ended
	Apr. 29, 2017
Debt Disclosure [Abstract]
Summary of Loans, Overdrafts and Long-Term Debt	(in millions) April 29, 2017 January 28, 2017 April 30, 2016 Debt: Senior unsecured notes due 2024, net of unamortized discount $ 398.8 $ 398.8 $ 398.6 Securitization facility 600.0 600.0 600.0 Senior unsecured term loan 344.1 348.6 357.5 Revolving credit facility 63.0 56.0 44.0 Bank overdrafts 45.4 14.2 30.4 Capital lease obligations — — 0.1 Total debt $ 1,451.3 $ 1,417.6 $ 1,430.6 Less: Current portion of loans and overdrafts (131.5 ) (91.1 ) (110.1 ) Less: Unamortized capitalized debt issuance fees (8.2 ) (8.6 ) (9.0 ) Total long-term debt $ 1,311.6 $ 1,317.9 $ 1,311.5

Deferred revenue (Tables)

Deferred revenue (Tables)	3 Months Ended
	Apr. 29, 2017
Deferred Revenue Disclosure [Abstract]
Deferred Revenue	Deferred revenue is comprised primarily of ESP and voucher promotions and other as follows: (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Sterling Jewelers ESP deferred revenue $ 736.0 $ 737.4 $ 723.8 Zale ESP deferred revenue 167.7 168.2 155.1 Voucher promotions and other 27.0 30.3 26.9 Total deferred revenue $ 930.7 $ 935.9 $ 905.8 Disclosed as: Current liabilities $ 272.1 $ 276.9 $ 261.4 Non-current liabilities 658.6 659.0 644.4 Total deferred revenue $ 930.7 $ 935.9 $ 905.8 ESP deferred revenue 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Sterling Jewelers ESP deferred revenue, beginning of period $ 737.4 $ 715.1 Plans sold 65.3 76.0 Revenue recognized (66.7 ) (67.3 ) Sterling Jewelers ESP deferred revenue, end of period $ 736.0 $ 723.8 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Zale ESP deferred revenue, beginning of period $ 168.2 $ 146.1 Plans sold (1) 31.3 40.6 Revenue recognized (31.8 ) (31.6 ) Zale ESP deferred revenue, end of period $ 167.7 $ 155.1 (1) Includes impact of foreign exchange translation.

Warranty reserve (Tables)

Warranty reserve (Tables)	3 Months Ended
	Apr. 29, 2017
Other Liabilities Disclosure [Abstract]
Other Liabilities	The warranty reserve for diamond and gemstone guarantee, included in accrued expenses and other current liabilities and other non-current liabilities, is as follows: 13 weeks ended (in millions) April 29, 2017 April 30, 2016 Warranty reserve, beginning of period $ 40.0 $ 41.9 Warranty expense 2.3 2.9 Utilized (1) (3.1 ) (3.5 ) Warranty reserve, end of period $ 39.2 $ 41.3 (1) Includes impact of foreign exchange translation. (in millions) April 29, 2017 January 28, 2017 April 30, 2016 Disclosed as: Current liabilities $ 12.6 $ 13.0 $ 12.4 Non-current liabilities 26.6 27.0 28.9 Total warranty reserve $ 39.2 $ 40.0 $ 41.3

Condensed consolidating finan45

Condensed consolidating financial information (Tables)	3 Months Ended
	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Income Statement	Condensed Consolidated Income Statement For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Sales $ — $ — $ 1,325.2 $ 78.2 $ — $ 1,403.4 Cost of sales — — (895.4 ) (16.8 ) — (912.2 ) Gross margin — — 429.8 61.4 — 491.2 Selling, general and administrative expenses (0.2 ) — (421.5 ) (31.1 ) — (452.8 ) Other operating income (loss), net — — 77.2 (0.3 ) — 76.9 Operating (loss) income (0.2 ) — 85.5 30.0 — 115.3 Intra-entity interest income (expense) — 4.7 (45.4 ) 40.7 — — Interest expense, net — (4.9 ) (4.1 ) (3.6 ) — (12.6 ) (Loss) income before income taxes (0.2 ) (0.2 ) 36.0 67.1 — 102.7 Income taxes — — (15.4 ) (8.8 ) — (24.2 ) Equity in income of subsidiaries 78.7 — 8.7 22.3 (109.7 ) — Net income (loss) $ 78.5 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 78.5 Dividends on redeemable convertible preferred shares (8.2 ) — — — — (8.2 ) Net income (loss) attributable to common shareholders $ 70.3 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 70.3 Condensed Consolidated Income Statement For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Sales $ — $ — $ 1,518.3 $ 60.6 $ — $ 1,578.9 Cost of sales — — (969.1 ) (9.4 ) — (978.5 ) Gross margin — — 549.2 51.2 — 600.4 Selling, general and administrative expenses (0.1 ) — (438.6 ) (24.0 ) — (462.7 ) Other operating income, net — — 71.6 2.7 — 74.3 Operating (loss) income (0.1 ) — 182.2 29.9 — 212.0 Intra-entity interest income (expense) — 4.7 (46.9 ) 42.2 — — Interest expense, net — (4.9 ) (3.7 ) (3.2 ) — (11.8 ) (Loss) income before income taxes (0.1 ) (0.2 ) 131.6 68.9 — 200.2 Income taxes — — (54.2 ) 0.8 — (53.4 ) Equity in income of subsidiaries 146.9 — 85.2 84.3 (316.4 ) — Net income (loss) $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8 Dividends on redeemable convertible preferred shares — — — — — — Net income (loss) attributable to common shareholders $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8
Condensed Statement of Comprehensive Income	Condensed Consolidated Statement of Comprehensive Income (Loss) For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net income (loss) $ 78.5 $ (0.2 ) $ 29.3 $ 80.6 $ (109.7 ) $ 78.5 Other comprehensive income (loss): Foreign currency translation adjustments 0.5 — 0.5 — (0.5 ) 0.5 Available-for-sale securities: Unrealized gain 0.2 — — 0.2 (0.2 ) 0.2 Cash flow hedges: Unrealized gain 2.7 — 2.7 — (2.7 ) 2.7 Reclassification adjustment for gains to net income (1.4 ) — (1.4 ) — 1.4 (1.4 ) Pension plan: Reclassification adjustment to net income for amortization of actuarial losses 0.6 — 0.6 — (0.6 ) 0.6 Reclassification adjustment to net income for amortization of net prior service credits (0.3 ) — (0.3 ) — 0.3 (0.3 ) Total other comprehensive income 2.3 — 2.1 0.2 (2.3 ) 2.3 Total comprehensive income (loss) $ 80.8 $ (0.2 ) $ 31.4 $ 80.8 $ (112.0 ) $ 80.8 Condensed Consolidated Statement of Comprehensive Income (Loss) For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net income (loss) $ 146.8 $ (0.2 ) $ 162.6 $ 154.0 $ (316.4 ) $ 146.8 Other comprehensive income (loss): Foreign currency translation adjustments 30.8 — 32.2 (1.4 ) (30.8 ) 30.8 Available-for-sale securities: Unrealized gain 0.2 — — 0.2 (0.2 ) 0.2 Cash flow hedges: Unrealized gain 3.6 — 3.6 — (3.6 ) 3.6 Reclassification adjustment for losses to net income 1.1 — 1.1 — (1.1 ) 1.1 Pension plan: Reclassification adjustment to net income for amortization of actuarial losses 0.3 — 0.3 — (0.3 ) 0.3 Reclassification adjustment to net income for amortization of net prior service credits (0.4 ) — (0.4 ) — 0.4 (0.4 ) Total other comprehensive income (loss) 35.6 — 36.8 (1.2 ) (35.6 ) 35.6 Total comprehensive income (loss) $ 182.4 $ (0.2 ) $ 199.4 $ 152.8 $ (352.0 ) $ 182.4
Condensed Balance Sheet	Condensed Consolidated Balance Sheet April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 1.0 $ 0.1 $ 72.9 $ 25.7 $ — $ 99.7 Accounts receivable, net — — 1,726.1 0.2 — 1,726.3 Intra-entity receivables, net — — 87.0 — (87.0 ) — Other receivables — — 62.3 26.3 — 88.6 Other current assets 0.1 — 154.0 4.9 — 159.0 Income taxes — — 1.8 — — 1.8 Inventories — — 2,362.0 70.4 — 2,432.4 Total current assets 1.1 0.1 4,466.1 127.5 (87.0 ) 4,507.8 Non-current assets: Property, plant and equipment, net — — 825.6 4.2 — 829.8 Goodwill — — 512.5 3.6 — 516.1 Intangible assets, net — — 411.9 — — 411.9 Investment in subsidiaries 3,200.8 — 734.5 616.8 (4,552.1 ) — Intra-entity receivables, net — 407.8 — 3,637.5 (4,045.3 ) — Other assets — — 134.1 31.0 — 165.1 Deferred tax assets — — 0.5 0.1 — 0.6 Retirement benefit asset — — 33.9 — — 33.9 Total assets $ 3,201.9 $ 407.9 $ 7,119.1 $ 4,420.7 $ (8,684.4 ) $ 6,465.2 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 132.2 $ — $ — $ 131.5 Accounts payable — — 170.6 7.2 — 177.8 Intra-entity payables, net 16.2 — — 70.8 (87.0 ) — Accrued expenses and other current liabilities 30.0 7.2 343.9 19.2 — 400.3 Deferred revenue — — 272.1 — — 272.1 Income taxes — — 36.3 (2.1 ) — 34.2 Total current liabilities 46.2 6.5 955.1 95.1 (87.0 ) 1,015.9 Non-current liabilities: Long-term debt — 394.5 317.1 600.0 — 1,311.6 Intra-entity payables, net — — 4,045.3 — (4,045.3 ) — Other liabilities — — 200.9 5.3 — 206.2 Deferred revenue — — 658.6 — — 658.6 Deferred tax liabilities — — 117.1 0.1 — 117.2 Total liabilities 46.2 401.0 6,294.1 700.5 (4,132.3 ) 3,309.5 Series A redeemable convertible preferred shares 612.3 — — — — 612.3 Total shareholders’ equity 2,543.4 6.9 825.0 3,720.2 (4,552.1 ) 2,543.4 Total liabilities, preferred shares and shareholders’ equity $ 3,201.9 $ 407.9 $ 7,119.1 $ 4,420.7 $ (8,684.4 ) $ 6,465.2 Condensed Consolidated Balance Sheet January 28, 2017 (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 1.7 $ 0.1 $ 70.3 $ 26.6 $ — $ 98.7 Accounts receivable, net — — 1,858.0 — — 1,858.0 Intra-entity receivables, net 12.7 — 145.1 — (157.8 ) — Other receivables — — 71.1 24.8 — 95.9 Other current assets — — 131.4 4.9 — 136.3 Income taxes — — 4.4 — — 4.4 Inventories — — 2,371.8 77.5 — 2,449.3 Total current assets 14.4 0.1 4,652.1 133.8 (157.8 ) 4,642.6 Non-current assets: Property, plant and equipment, net — — 818.5 4.4 — 822.9 Goodwill — — 514.0 3.6 — 517.6 Intangible assets, net — — 417.0 — — 417.0 Investment in subsidiaries 3,117.6 — 721.6 590.9 (4,430.1 ) — Intra-entity receivables, net — 402.9 — 3,647.1 (4,050.0 ) — Other assets — — 134.8 30.3 — 165.1 Deferred tax assets — — 0.6 0.1 — 0.7 Retirement benefit asset — — 31.9 — — 31.9 Total assets $ 3,132.0 $ 403.0 $ 7,290.5 $ 4,410.2 $ (8,637.9 ) $ 6,597.8 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 91.8 $ — $ — $ 91.1 Accounts payable — — 248.2 7.5 — 255.7 Intra-entity payables, net — — — 157.8 (157.8 ) — Accrued expenses and other current liabilities 29.9 2.5 429.2 16.6 — 478.2 Deferred revenue — — 275.5 1.4 — 276.9 Income taxes — (0.2 ) 115.5 (13.5 ) — 101.8 Total current liabilities 29.9 1.6 1,160.2 169.8 (157.8 ) 1,203.7 Non-current liabilities: Long-term debt — 394.3 323.6 600.0 — 1,317.9 Intra-entity payables, net — — 4,050.0 — (4,050.0 ) — Other liabilities — — 208.7 5.0 — 213.7 Deferred revenue — — 659.0 — — 659.0 Deferred tax liabilities — — 101.4 — — 101.4 Total liabilities 29.9 395.9 6,502.9 774.8 (4,207.8 ) 3,495.7 Series A redeemable convertible preferred shares 611.9 — — — — 611.9 Total shareholders’ equity 2,490.2 7.1 787.6 3,635.4 (4,430.1 ) 2,490.2 Total liabilities, preferred shares and shareholders’ equity $ 3,132.0 $ 403.0 $ 7,290.5 $ 4,410.2 $ (8,637.9 ) $ 6,597.8 Condensed Consolidated Balance Sheet April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.6 $ 0.1 $ 87.6 $ 24.7 $ — $ 113.0 Accounts receivable, net — — 1,685.1 4.2 — 1,689.3 Intra-entity receivables, net 133.0 — — 202.0 (335.0 ) — Other receivables — — 44.9 18.8 — 63.7 Other current assets 0.1 — 155.8 5.3 — 161.2 Income taxes — — 1.4 — — 1.4 Inventories — — 2,433.9 78.7 — 2,512.6 Total current assets 133.7 0.1 4,408.7 333.7 (335.0 ) 4,541.2 Non-current assets: Property, plant and equipment, net — — 720.5 5.2 — 725.7 Goodwill — — 516.1 3.6 — 519.7 Intangible assets, net — — 430.4 — — 430.4 Investment in subsidiaries 2,985.1 — 687.4 527.2 (4,199.7 ) — Intra-entity receivables, net — 407.5 — 3,657.5 (4,065.0 ) — Other assets — — 127.0 30.2 — 157.2 Deferred tax assets — — — — — — Retirement benefit asset — — 53.5 — — 53.5 Total assets $ 3,118.8 $ 407.6 $ 6,943.6 $ 4,557.4 $ (8,599.7 ) $ 6,427.7 Liabilities and Shareholders’ equity Current liabilities: Loans and overdrafts $ — $ (0.7 ) $ 110.8 $ — $ — $ 110.1 Accounts payable — — 248.3 7.4 — 255.7 Intra-entity payables, net — — 335.0 — (335.0 ) — Accrued expenses and other current liabilities 20.6 7.1 369.0 12.8 — 409.5 Deferred revenue — — 261.4 — — 261.4 Income taxes — — 22.6 (3.5 ) — 19.1 Total current liabilities 20.6 6.4 1,347.1 16.7 (335.0 ) 1,055.8 Non-current liabilities: Long-term debt — 393.7 317.8 600.0 — 1,311.5 Intra-entity payables, net — — 4,065.0 — (4,065.0 ) — Other liabilities — — 223.5 6.2 — 229.7 Deferred revenue — — 644.4 — — 644.4 Deferred tax liabilities — — 88.3 (0.2 ) — 88.1 Total liabilities 20.6 400.1 6,686.1 622.7 (4,400.0 ) 3,329.5 Series A redeemable convertible preferred shares — — — — — — Total shareholders’ equity 3,098.2 7.5 257.5 3,934.7 (4,199.7 ) 3,098.2 Total liabilities, preferred shares and shareholders’ equity $ 3,118.8 $ 407.6 $ 6,943.6 $ 4,557.4 $ (8,599.7 ) $ 6,427.7
Condensed Cash Flow Statement	Condensed Consolidated Statement of Cash Flows For the 13 weeks ended April 29, 2017 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net cash provided by (used in) operating activities $ — $ 4.9 $ (20.9 ) $ 72.8 $ — $ 56.8 Investing activities Purchase of property, plant and equipment — — (56.2 ) — — (56.2 ) Investment in subsidiaries — — — — — — Purchase of available-for-sale securities — — — (0.7 ) — (0.7 ) Proceeds from available-for-sale securities — — — 0.3 — 0.3 Net cash (used in) provided by investing activities — — (56.2 ) (0.4 ) — (56.6 ) Financing activities Dividends paid on common shares (17.8 ) — — — — (17.8 ) Dividends paid on redeemable convertible preferred shares (11.3 ) — — — — (11.3 ) Intra-entity dividends paid — — — — — — Proceeds from issuance of common shares 0.1 — — — — 0.1 Excess tax benefit from exercise of share awards — — — — — — Repayments of term loan — — (4.5 ) — — (4.5 ) Proceeds from securitization facility — — — 666.5 — 666.5 Repayments of securitization facility — — — (666.5 ) — (666.5 ) Proceeds from revolving credit facility — — 128.0 — — 128.0 Repayments of revolving credit facility — — (121.0 ) — — (121.0 ) Repurchase of common shares — — — — — — Net settlement of equity based awards (1.1 ) — — — — (1.1 ) Capital lease payments — — — — — — Proceeds from short-term borrowings — — 31.2 — — 31.2 Intra-entity activity, net 29.4 (4.9 ) 48.9 (73.4 ) — — Net cash provided by (used in) financing activities (0.7 ) (4.9 ) 82.6 (73.4 ) — 3.6 Cash and cash equivalents at beginning of period 1.7 0.1 70.3 26.6 — 98.7 Increase (decrease) in cash and cash equivalents (0.7 ) — 5.5 (1.0 ) — 3.8 Effect of exchange rate changes on cash and cash equivalents — — (2.9 ) 0.1 — (2.8 ) Cash and cash equivalents at end of period $ 1.0 $ 0.1 $ 72.9 $ 25.7 $ — $ 99.7 Condensed Consolidated Statement of Cash Flows For the 13 weeks ended April 30, 2016 (Unaudited) (in millions) Signet Signet UK Guarantor Non- Eliminations Consolidated Net cash provided by (used in) operating activities $ 314.6 $ 4.9 $ 240.5 $ 269.4 $ (715.0 ) $ 114.4 Investing activities Purchase of property, plant and equipment — — (39.3 ) — — (39.3 ) Investment in subsidiaries (65.0 ) — — — 65.0 — Purchase of available-for-sale securities — — — (0.8 ) — (0.8 ) Proceeds from available-for-sale securities — — — 1.2 — 1.2 Net cash (used in) provided by investing activities (65.0 ) — (39.3 ) 0.4 65.0 (38.9 ) Financing activities Dividends paid on common shares (17.5 ) — — — — (17.5 ) Dividends paid on redeemable convertible preferred shares — — — — — — Intra-entity dividends paid — — (450.0 ) (265.0 ) 715.0 — Proceeds from issuance of common shares 0.3 — 65.0 — (65.0 ) 0.3 Excess tax benefit from exercise of share awards — — 1.3 — — 1.3 Repayments of term loan — — (7.5 ) — — (7.5 ) Proceeds from securitization facility — — — 696.5 — 696.5 Repayments of securitization facility — — — (696.5 ) — (696.5 ) Proceeds from revolving credit facility — — 99.0 — — 99.0 Repayments of revolving credit facility — — (55.0 ) — — (55.0 ) Repurchase of common shares (125.0 ) — — — — (125.0 ) Net settlement of equity based awards (4.6 ) — — — — (4.6 ) Capital lease payments — — (0.1 ) — — (0.1 ) Proceeds from short-term borrowings — — 6.0 — — 6.0 Intra-entity activity, net (104.1 ) (4.9 ) 122.8 (13.8 ) — — Net cash provided by (used in) financing activities (250.9 ) (4.9 ) (218.5 ) (278.8 ) 650.0 (103.1 ) Cash and cash equivalents at beginning of period 1.9 0.1 102.0 33.7 — 137.7 Increase (decrease) in cash and cash equivalents (1.3 ) — (17.3 ) (9.0 ) — (27.6 ) Effect of exchange rate changes on cash and cash equivalents — — 2.9 — — 2.9 Cash and cash equivalents at end of period $ 0.6 $ 0.1 $ 87.6 $ 24.7 $ — $ 113.0

Organization and principal ac46

Organization and principal accounting policies - Additional information (Details)	3 Months Ended
	Apr. 29, 2017segment
Property, Plant and Equipment [Line Items]
Number of reportable segments	5
Seasonal revenues, first quarter sales, percent	20.00%
SSeasonal revenues, second quarter sales, percent	20.00%
Seasonal revenues, third quarter sales, percent	20.00%
Seasonal revenues, fourth quarter sales, percent	40.00%
UK Jewelry and Zales Jewelry | Minimum
Property, Plant and Equipment [Line Items]
Operating income expected in fourth quarter, Percent	45.00%
UK Jewelry and Zales Jewelry | Maximum
Property, Plant and Equipment [Line Items]
Operating income expected in fourth quarter, Percent	55.00%
Sterling Jewelers | Minimum
Property, Plant and Equipment [Line Items]
Operating income expected in fourth quarter, Percent	40.00%
Sterling Jewelers | Maximum
Property, Plant and Equipment [Line Items]
Operating income expected in fourth quarter, Percent	45.00%

Segment information - Additiona

Segment information - Additional Information (Details)	3 Months Ended
	Apr. 29, 2017segment
Segment Reporting [Abstract]
Number of reportable segments	5

Segment information - Summary o

Segment information - Summary of Activity by Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017
Segment Reporting Information [Line Items]
Sales	$ 1,403.4	$ 1,578.9
Operating income (loss)	115.3	212
Total assets	6,465.2	6,427.7	$ 6,597.8
Sterling Jewelers
Segment Reporting Information [Line Items]
Sales	871	980.4
Operating income (loss)	129.5	198.3
Total assets	3,891.6	3,756.6	4,015.4
Zale Jewelry
Segment Reporting Information [Line Items]
Sales	333.7	381.4
Operating income (loss)	2.1	18.3
Total assets	1,926.8	1,974.9	1,940.7
Piercing Pagoda
Segment Reporting Information [Line Items]
Sales	69.7	69
Operating income (loss)	3.2	7.8
Total assets	143.4	139.1	141.6
UK Jewelry
Segment Reporting Information [Line Items]
Sales	122.5	144
Operating income (loss)	(2.5)	1.3
Total assets	394.3	447.8	372.6
Other
Segment Reporting Information [Line Items]
Sales	6.5	4.1
Operating income (loss)	(17)	(13.7)
Total assets	$ 109.1	$ 109.3	$ 127.5

Redeemable preferred shares - A

Redeemable preferred shares - Additional Information (Details) $ / shares in Units, $ in Millions	Oct. 05, 2016USD ($)$ / sharesshares	Apr. 29, 2017USD ($)$ / sharesshares	Jan. 28, 2017USD ($)$ / sharesshares
Temporary Equity [Line Items]
Accretion on redeemable convertible preferred shares		$ 8.2
Series A Redeemable Convertible Preferred Stock
Temporary Equity [Line Items]
Redeemable convertible preferred stock, shares issued | shares	625,000
Preferred stock, purchase price	$ 625
Shares issued, price per share | $ / shares	$ 1,000
Payments of stock issuance costs	$ 13.7
Accumulated accretion of dividends		1	$ 0.6
Accretion on redeemable convertible preferred shares		$ 0.4
Conversion ratio		10.7707	10.6529
Conversion price (USD per share) | $ / shares		$ 92.8445	$ 93.8712
Conversion of stock, shares issued | shares		6,700,000	6,700,000
Preferred stock, dividend rate, percentage		5.00%
Liquidation preference		$ 632.8	$ 636.3

Shareholders' equity - Addition

Shareholders' equity - Additional Information (Detail) - 2016 Program - USD ($)	1 Months Ended
	Aug. 31, 2016	Apr. 29, 2017	Feb. 29, 2016
Class of Stock [Line Items]
Amount authorized	$ 1,375,000,000	$ 1,375,000,000	$ 750,000,000
Increase in authorized share repurchase program amount	$ 625,000,000

Shareholders' equity - Share Re

Shareholders' equity - Share Repurchase (Details) - USD ($) $ / shares in Units, shares in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Aug. 31, 2016	Feb. 29, 2016
Class of Stock [Line Items]
Shares repurchased (shares)	0	1.1
Amount repurchased	$ 0	$ 125,000,000
Average repurchase price per share (usd per share)	$ 0	$ 111.45
2016 Program
Class of Stock [Line Items]
Amount authorized	$ 1,375,000,000		$ 1,375,000,000	$ 750,000,000
Shares repurchased (shares)	0	0
Amount repurchased	$ 0	$ 0
Average repurchase price per share (usd per share)	$ 0	$ 0
Remaining authorized repurchase amount	$ 510,600,000
2013 Program
Class of Stock [Line Items]
Amount authorized		$ 350,000,000
Shares repurchased (shares)		1.1
Amount repurchased		$ 125,000,000
Average repurchase price per share (usd per share)		$ 111.45

Shareholders' equity - Dividend

Shareholders' equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	May 25, 2017	Apr. 29, 2017	Apr. 30, 2016
Dividends Payable [Line Items]
Dividends, common stock		$ 21.3	$ 20.4
Dividends declared per share (usd per share)		$ 0.31	$ 0.26
Dividends on redeemable convertible preferred shares		$ 8.2
Subsequent Event
Dividends Payable [Line Items]
Dividends declared date	May 25, 2017
Dividends declared per share (usd per share)	$ 0.31
Dividends payable date	Aug. 30, 2017
Dividends payable, date of record	Jul. 28, 2017
Series A Redeemable Convertible Preferred Stock
Dividends Payable [Line Items]
Dividends on preferred shares		7.8
Dividends on redeemable convertible preferred shares		$ 0.4

Earnings per common share (_E53

Earnings per common share (“EPS”) - Schedule of Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Earnings Per Share [Abstract]
Net income attributable to common shareholders	$ 70.3	$ 146.8
Dividends on preferred shares	0
Net income	$ 70.3	$ 146.8
Basic weighted average number of shares outstanding (shares)	68.1	78.6
Dilutive effect of share awards (shares)	0.1	0.1
Dilutive effect of preferred shares (shares)	0
Diluted weighted average number of shares outstanding (shares)	68.2	78.7
Earnings per share - basic (usd per share)	$ 1.03	$ 1.87
Earnings per share - diluted (usd per share)	$ 1.03	$ 1.87

Earnings per common share (_E54

Earnings per common share (“EPS”) - Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share (Details) - shares shares in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from the calculation of earnings per share (shares)	7	0.1
Performance Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from the calculation of earnings per share (shares)	0.3	0.1
Preferred shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from the calculation of earnings per share (shares)	6.7	0

Accumulated other comprehensi55

Accumulated other comprehensive income (loss) - Changes in Accumulated OCI by Component and Reclassifications Out of Accumulated OCI (Details) $ in Millions	3 Months Ended
	Apr. 29, 2017USD ($)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	$ 2,490.2
Other comprehensive income (“OCI”) before reclassifications	3.4
Amounts reclassified from AOCI to net income	(1.1)
Total other comprehensive (loss) income	2.3
Balance	2,543.4
Foreign currency translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(263.4)
Other comprehensive income (“OCI”) before reclassifications	0.5
Amounts reclassified from AOCI to net income	0
Total other comprehensive (loss) income	0.5
Balance	(262.9)
Losses on available-for-sale securities, net
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(0.4)
Other comprehensive income (“OCI”) before reclassifications	0.2
Amounts reclassified from AOCI to net income	0
Total other comprehensive (loss) income	0.2
Balance	(0.2)
Gains (losses) on cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	2.4
Other comprehensive income (“OCI”) before reclassifications	2.7
Amounts reclassified from AOCI to net income	(1.4)
Total other comprehensive (loss) income	1.3
Balance	3.7
Accumulated other comprehensive (loss) income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(307.7)
Balance	(305.4)
Pension Plan | Actuarial losses
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(55.5)
Other comprehensive income (“OCI”) before reclassifications	0
Amounts reclassified from AOCI to net income	0.6
Total other comprehensive (loss) income	0.6
Balance	(54.9)
Pension Plan | Prior service credits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	9.2
Other comprehensive income (“OCI”) before reclassifications	0
Amounts reclassified from AOCI to net income	(0.3)
Total other comprehensive (loss) income	(0.3)
Balance	$ 8.9

Accumulated other comprehensi56

Accumulated other comprehensive income (loss) - Reclassifications out of AOCI (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of sales reclassification adjustment	$ 912.2	$ 978.5
Interest expense reclassification adjustment	12.6	11.8
Income before income taxes	(102.7)	(200.2)
Income taxes	24.2	53.4
Net income	(78.5)	(146.8)
Amounts reclassified from AOCI	(1.1)	1
Gains (losses) on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income before income taxes	(1.9)	1.6
Income taxes	0.5	(0.5)
Net income	(1.4)	1.1
Gains (losses) on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Foreign currency contracts
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of sales reclassification adjustment	(1)	(0.2)
Gains (losses) on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Interest rate swaps
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest expense reclassification adjustment	0.3	0.6
Gains (losses) on cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Commodity contracts
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of sales reclassification adjustment	(1.2)	1.2
Actuarial losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustment from AOCI, pension and other postretirement benefit plans, before tax	0.7	0.4
Prior service credits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustment from AOCI, pension and other postretirement benefit plans, before tax	(0.4)	(0.5)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustment from AOCI, pension and other postretirement benefit plans, before tax	0.3	(0.1)
Reclassification adjustment from AOCI, pension and other postretirement benefit plans, tax	0	0
Amounts reclassified from AOCI	$ 0.3	$ (0.1)

Income taxes - Reconciliation o

Income taxes - Reconciliation of Statutory Tax Rate to Effective Tax Rate (Details)	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Income Tax Disclosure [Abstract]
Forecasted annual effective tax rate	23.00%	26.70%
Discrete items recognized	0.60%	0.00%
Effective tax rate recognized in income statement	23.60%	26.70%

Accounts receivable, net - Port

Accounts receivable, net - Portfolio of Accounts Receivable (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	$ 1,726.3	$ 1,858	$ 1,689.3
Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	1,683.8		1,654.3
Other Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	9.7	11.3	13.4
Sterling Jewelers | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	1,683.8	1,813.3	1,654.3
Zale Jewelry | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	$ 32.8	$ 33.4	$ 21.6

Accounts receivable, net - Addi

Accounts receivable, net - Additional Information (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	$ 1,726.3	$ 1,858	$ 1,689.3
Other Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	9.7	11.3	13.4
United Kingdom | Other Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, net	$ 8.9	$ 11	$ 9.3

Accounts receivable, net - Allo

Accounts receivable, net - Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance:	$ (138.7)
Ending balance	(126.9)	$ (116.8)
Ending receivable balance evaluated for impairment	1,810.7	1,771.1	$ 1,952
Sterling Jewelers customer in-house finance receivables, net	1,726.3	1,689.3	$ 1,858
Consumer Portfolio Segment
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance:	(138.7)	(130)
Charge-offs, net	54.4	46.8
Recoveries	9.1	10.1
Provision	(51.7)	(43.7)
Ending balance	(126.9)	(116.8)
Ending receivable balance evaluated for impairment	1,810.7	1,771.1
Sterling Jewelers customer in-house finance receivables, net	$ 1,683.8	$ 1,654.3

Accounts receivable, net - Cred

Accounts receivable, net - Credit Quality Indicator and Age Analysis (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross	$ 1,810.7	$ 1,952	$ 1,771.1
Valuation allowance	$ (126.9)	$ (138.7)	$ (116.8)
Gross	100.00%	100.00%	100.00%
Valuation allowance	7.00%	7.10%	6.60%
Current, aged 0 – 30 days | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross	$ 1,445.9	$ 1,538.2	$ 1,427.5
Valuation allowance	$ (44.5)	$ (47.2)	$ (43.4)
Gross	79.80%	78.80%	80.60%
Valuation allowance	3.10%	3.10%	3.00%
Past due, aged 31 – 60 days | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross	$ 251.9	$ 282	$ 240.9
Valuation allowance	$ (8.3)	$ (9)	$ (7.9)
Gross	13.90%	14.50%	13.60%
Valuation allowance	3.30%	3.20%	3.30%
Past due, aged 61 – 90 days | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross	$ 40.9	$ 51.6	$ 39.2
Valuation allowance	$ (2.1)	$ (2.3)	$ (2)
Gross	2.30%	2.60%	2.20%
Valuation allowance	5.10%	4.50%	5.10%
Past due, aged more than 90 days | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross	$ 72	$ 80.2	$ 63.5
Valuation allowance	$ (72)	$ (80.2)	$ (63.5)
Gross	4.00%	4.10%	3.60%
Valuation allowance	100.00%	100.00%	100.00%

Inventories - Summary of Invent

Inventories - Summary of Inventory Components (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 51.2	$ 60.8	$ 76.6
Finished goods	2,381.2	2,388.5	2,436
Total inventories	$ 2,432.4	$ 2,449.3	$ 2,512.6

Goodwill and intangibles - Summ

Goodwill and intangibles - Summary of Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Apr. 29, 2017	Jan. 28, 2017
Goodwill [Roll Forward]
Beginning Balance	$ 517.6	$ 515.5
Impact of foreign exchange	(1.5)	2.1
Ending Balance	516.1	517.6
Sterling Jewelers
Goodwill [Roll Forward]
Beginning Balance	23.2	23.2
Impact of foreign exchange	0	0
Ending Balance	23.2	23.2
Zale Jewelry
Goodwill [Roll Forward]
Beginning Balance	490.8	488.7
Impact of foreign exchange	(1.5)	2.1
Ending Balance	489.3	490.8
Piercing Pagoda
Goodwill [Roll Forward]
Beginning Balance	0	0
Impact of foreign exchange	0	0
Ending Balance	0	0
UK Jewelry
Goodwill [Roll Forward]
Beginning Balance	0	0
Impact of foreign exchange	0	0
Ending Balance	0	0
Other
Goodwill [Roll Forward]
Beginning Balance	3.6	3.6
Impact of foreign exchange	0	0
Ending Balance	$ 3.6	$ 3.6

Goodwill and intangibles - Comp

Goodwill and intangibles - Composition of Finite-Lived Intangibles (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Definite-lived intangible assets:
Gross carrying amount	$ 48.6	$ 49	$ 49.8
Accumulated amortization	(39.7)	(36.8)	(26.8)
Net carrying amount	8.9	12.2	23
Intangible assets, gross	451.6	453.8	457.2
Total intangible assets, net	411.9	417	430.4
Definite-lived intangible liabilities:
Gross carrying amount	(113.5)	(113.9)	(114.4)
Accumulated amortization	76.2	71.7	57.1
Total	(37.3)	(42.2)	(57.3)
Unfavorable leases
Definite-lived intangible liabilities:
Gross carrying amount	(47.9)	(48.3)	(48.8)
Accumulated amortization	41.4	38.2	27.7
Total	(6.5)	(10.1)	(21.1)
Unfavorable contracts
Definite-lived intangible liabilities:
Gross carrying amount	(65.6)	(65.6)	(65.6)
Accumulated amortization	34.8	33.5	29.4
Total	(30.8)	(32.1)	(36.2)
Trade names
Definite-lived intangible assets:
Gross carrying amount	1.4	1.4	1.5
Accumulated amortization	(0.8)	(0.8)	(0.6)
Net carrying amount	0.6	0.6	0.9
Favorable leases
Definite-lived intangible assets:
Gross carrying amount	47.2	47.6	48.3
Accumulated amortization	(38.9)	(36)	(26.2)
Net carrying amount	8.3	11.6	22.1
Trade names
Definite-lived intangible assets:
Indefinite-lived trade names	$ 403	$ 404.8	$ 407.4

Other assets - Components of Ot

Other assets - Components of Other Assets (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred ESP selling costs	$ 86.7	$ 86.1	$ 81.8
Investments	27.9	27.2	26.8
Other assets	50.5	51.8	48.6
Total other assets	165.1	165.1	157.2
Deferred costs related to the sale of the extended service plan	$ 29.6	$ 29.4	$ 27.5

Derivatives - Additional Inform

Derivatives - Additional Information (Details) oz in Thousands	3 Months Ended
	Apr. 29, 2017USD ($)oz	Jan. 28, 2017USD ($)oz	Apr. 30, 2016USD ($)oz	Mar. 31, 2015USD ($)
Interest rate swaps
Derivative [Line Items]
Derivative, notional amount				$ 300,000,000
Foreign currency contracts | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative, notional amount	$ 47,900,000	$ 117,800,000	$ 22,600,000
Cash Flow Hedging
Derivative [Line Items]
Cash flow hedge gain to be reclassified within twelve months	3,500,000
Cash Flow Hedging | Foreign currency contracts
Derivative [Line Items]
Derivative, notional amount	$ 37,400,000	$ 37,800,000	$ 33,500,000
Derivative, remaining maturity	12 months	12 months	9 months
Cash Flow Hedging | Commodity contracts
Derivative [Line Items]
Derivative, remaining maturity	9 months	12 months	9 months
Derivative, notional amount in gold | oz	69	94	51

Derivatives - Fair Value of Pre

Derivatives - Fair Value of Presentation of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	$ 3.2	$ 3.6	$ 5.9
Fair value of derivative liabilities	(1.3)	(3.6)	(3.8)
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	3.2	1.8	5.7
Fair value of derivative liabilities	(0.8)	(3.6)	(3.7)
Foreign currency contracts | Designated as Hedging Instrument | Other current assets
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	0.4	1.4	0.2
Foreign currency contracts | Designated as Hedging Instrument | Other current liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	(0.8)	(0.2)	(0.5)
Foreign currency contracts | Not Designated as Hedging Instrument | Other assets
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	0	1.8	0.2
Foreign currency contracts | Not Designated as Hedging Instrument | Other current liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	(0.5)	0	(0.1)
Commodity contracts | Designated as Hedging Instrument | Other current assets
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	2	0	5.5
Commodity contracts | Designated as Hedging Instrument | Other assets
Derivatives, Fair Value [Line Items]
Fair Value of derivative assets	0.8	0.4	0
Commodity contracts | Designated as Hedging Instrument | Other current liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	0	(3.4)	0
Interest rate swaps | Designated as Hedging Instrument | Other liabilities
Derivatives, Fair Value [Line Items]
Fair value of derivative liabilities	$ 0	$ 0	$ (3.2)

Derivatives - Derivative Instru

Derivatives - Derivative Instruments Designated as Cash Flow Hedges in OCI (Details) - Cash Flow Hedging - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains recorded in AOCI, beginning of period	$ 2.4
Gains recorded in AOCI, end of period	5	$ 1.8
Foreign currency contracts
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains recorded in AOCI, beginning of period	4.1	1.4
Current period losses recognized in OCI	(1)	(0.6)
Gains recorded in AOCI, end of period	2.1	0.6
Commodity contracts
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains recorded in AOCI, beginning of period	(2.1)	(3.7)
Current period losses recognized in OCI	5.4	6.9
Gains recorded in AOCI, end of period	2.1	4.4
Interest Rate Contract
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains recorded in AOCI, beginning of period	0.4	(3.4)
Current period losses recognized in OCI	0.1	(0.4)
Gains recorded in AOCI, end of period	0.8	(3.2)
Interest rate swaps
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains recorded in AOCI, beginning of period	0.4
Gains recorded in AOCI, end of period	0.8	(3.2)
Cost of Sales | Foreign currency contracts
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains reclassified from AOCI to net income	(1)	(0.2)
Cost of Sales | Commodity contracts
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains reclassified from AOCI to net income	(1.2)	1.2
Interest expense, net | Interest Rate Contract
Movement in Accumulated Other Comprehensive Income [Roll Forward]
Gains reclassified from AOCI to net income	$ 0.3	$ 0.6

Derivatives - Derivatives not D

Derivatives - Derivatives not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Not Designated as Hedging Instrument | Foreign currency contracts | Other Income
Derivative [Line Items]
Foreign currency contracts not designated as hedging	$ (1.7)	$ (0.3)

Fair value measurements - Fair

Fair value measurements - Fair Value of Assets and Liabilities (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 11.9	$ 11.9	$ 12.2
Liabilities	0	0	0
Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	19.2	18.9	20.5
Liabilities	(1.3)	(3.6)	(3.8)
US Treasury securities | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	7.9	8.1	8.8
US Treasury securities | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
Corporate equity securities | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4	3.8	3.4
Corporate equity securities | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
Foreign currency contracts | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
Liabilities	0	0	0
Foreign currency contracts | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0.4	3.2	0.4
Liabilities	(1.3)	(0.2)	(0.6)
Commodity contracts | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
Liabilities	0	0	0
Commodity contracts | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2	0	5.5
Liabilities	0	(3.4)	0
Interest rate swaps | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0	0
Liabilities	0	0	0
Interest rate swaps | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0.8	0.4	0
Liabilities	0	0	(3.2)
US government agency securities | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
US government agency securities | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4.9	4.4	3.3
Corporate bonds and notes | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0	0
Corporate bonds and notes | Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	11.1	10.9	11.3
Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	31.1	30.8	32.7
Liabilities	(1.3)	(3.6)	(3.8)
Carrying Value | US Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	7.9	8.1	8.8
Carrying Value | Corporate equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4	3.8	3.4
Carrying Value | Foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0.4	3.2	0.4
Liabilities	(1.3)	(0.2)	(0.6)
Carrying Value | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2	0	5.5
Liabilities	0	(3.4)	0
Carrying Value | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0.8	0.4	0
Liabilities	0	0	(3.2)
Carrying Value | US government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	4.9	4.4	3.3
Carrying Value | Corporate bonds and notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 11.1	$ 10.9	$ 11.3

Fair value measurements - Outst

Fair value measurements - Outstanding Debt (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	$ 1,334.4	$ 1,338.5	$ 1,347.1
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	1,340.6	1,339.8	1,352.7
Senior Notes | Level 2 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	393.9	393.7	393
Senior Notes | Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	396.5	391.2	395.1
Securitization Facility | Level 2 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	599.7	599.7	599.9
Securitization Facility | Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	600	600	600
Term Loan | Level 2 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	340.8	345.1	354.1
Term Loan | Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	344.1	348.6	357.5
Capital Lease Obligations | Level 2 | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	0	0	0.1
Capital Lease Obligations | Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding debt	$ 0	$ 0	$ 0.1

Loans, overdrafts and long-te72

Loans, overdrafts and long-term debt (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016
Debt Disclosure [Abstract]
Senior unsecured notes due 2024, net of unamortized discount	$ 398.8	$ 398.8	$ 398.6
Securitization facility	600	600	600
Senior unsecured term loan	344.1	348.6	357.5
Revolving credit facility	63	56	44
Bank overdrafts	45.4	14.2	30.4
Capital lease obligations	0	0	0.1
Total debt	1,451.3	1,417.6	1,430.6
Less: Current portion of loans and overdrafts	(131.5)	(91.1)	(110.1)
Less: Unamortized capitalized debt issuance fees	(8.2)	(8.6)	(9)
Long-term debt	$ 1,311.6	$ 1,317.9	$ 1,311.5

Loans, overdrafts and long-te73

Loans, overdrafts and long-term debt - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016	Jan. 28, 2017
Debt Instrument [Line Items]
Amortization of financing costs	$ 600,000	$ 900,000
Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	700,000,000
Capitalized fees	2,600,000
Accumulated amortization of noncurrent deferred finance costs	900,000	500,000	$ 800,000
Amortization of financing costs	100,000	100,000
Letters of credit outstanding	$ 15,300,000	$ 23,800,000	15,300,000
Weighted average interest rate	2.11%	1.42%
Credit Facility | Term Loan
Debt Instrument [Line Items]
Face amount	$ 357,500,000
Capitalized fees	6,200,000
Accumulated amortization of noncurrent deferred finance costs	2,900,000	$ 2,100,000	2,700,000
Amortization of financing costs	$ 200,000	$ 300,000
Weighted average interest rate	2.13%	1.71%
Securitization Facility
Debt Instrument [Line Items]
Capitalized fees	$ 3,400,000
Accumulated amortization of noncurrent deferred finance costs	3,100,000	$ 2,700,000	3,100,000
Amortization of financing costs	$ 0	$ 300,000
Weighted average interest rate	2.39%	1.90%
Debt instrument, maturity period	2 years
Signet UK Finance plc | Senior Unsecured Notes Due in 2024
Debt Instrument [Line Items]
Face amount	$ 400,000,000
Capitalized fees	7,000,000
Accumulated amortization of noncurrent deferred finance costs	2,100,000	$ 1,400,000	$ 1,900,000
Amortization of financing costs	$ 200,000	$ 200,000
Stated interest rate	4.70%

Deferred revenue (Details)

Deferred revenue (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016	Jan. 30, 2016
Deferred Revenue Arrangement [Line Items]
Voucher promotions and other	$ 27	$ 30.3	$ 26.9
Total deferred revenue	930.7	935.9	905.8
Current liabilities	272.1	276.9	261.4
Non-current liabilities	658.6	659	644.4
Sterling Jewelers
Deferred Revenue Arrangement [Line Items]
ESP deferred revenue	736	737.4	723.8	$ 715.1
Zale Jewelry
Deferred Revenue Arrangement [Line Items]
ESP deferred revenue	$ 167.7	$ 168.2	$ 155.1

Deferred revenue - Rollforward

Deferred revenue - Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Sterling Jewelers
Deferred Revenue Warranty [Roll Forward]
ESP deferred revenue, beginning of period	$ 737.4	$ 715.1
Plans sold	65.3	76
Revenue recognized	(66.7)	(67.3)
ESP deferred revenue, end of period	736	723.8
Zale
Deferred Revenue Warranty [Roll Forward]
ESP deferred revenue, beginning of period	168.2	146.1
Plans sold	31.3	40.6
Revenue recognized	(31.8)	(31.6)
ESP deferred revenue, end of period	$ 167.7	$ 155.1

Warranty reserve - Rollforward

Warranty reserve - Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance at beginning of period	$ 40	$ 41.9
Warranty expense	2.3	2.9
Utilized	(3.1)	(3.5)
Balance at end of period	$ 39.2	$ 41.3

Warranty reserve (Details)

Warranty reserve (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016	Jan. 30, 2016
Product Warranty Liability [Line Items]
Product warranty accrual	$ 39.2	$ 40	$ 41.3	$ 41.9
Current liabilities
Product Warranty Liability [Line Items]
Current liabilities	12.6	13	12.4
Non-current liabilities
Product Warranty Liability [Line Items]
Non-current liabilities	$ 26.6	$ 27	$ 28.9

Share-based compensation - Addi

Share-based compensation - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation expense	$ 2.7	$ 3.8

Commitments and contingencies -

Commitments and contingencies - Additional information (Details)	Jan. 04, 2017employee	Apr. 23, 2013lawsuit
Zale Corporation
Loss Contingencies [Line Items]
Pending claims | lawsuit		3
EPA Collective Action
Loss Contingencies [Line Items]
Number of employees opted in lawsuit | employee	10,456

Subsequent events - Narrative (

Subsequent events - Narrative (Details) $ in Millions	May 25, 2017USD ($)employee	Jul. 29, 2017USD ($)
Sterling Jewelers, Inc. | Subsequent Event
Subsequent Event [Line Items]
Servicing agreement, term	5 years
Servicing agreement, renewal term	2 years
Consumer Portfolio Segment | Sterling Jewelers, Inc. | Subsequent Event
Subsequent Event [Line Items]
Loans receivables held for sale, amount	$ 1,000
OHIO | Subsequent Event
Subsequent Event [Line Items]
Expected number of positions eliminated | employee	250
Forecast | Securitization Facility
Subsequent Event [Line Items]
Repayments of secured debt		$ 600

Condensed consolidating finan81

Condensed consolidating financial information - Narrative (Details)	Apr. 29, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Parent's ownership in guarantor subsidiary (percent)	100.00%

Condensed consolidating finan82

Condensed consolidating financial information - Condensed consolidated income statement (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Condensed Income Statements, Captions [Line Items]
Sales	$ 1,403.4	$ 1,578.9
Cost of sales	(912.2)	(978.5)
Gross margin	491.2	600.4
Selling, general and administrative expenses	(452.8)	(462.7)
Other operating income, net	76.9	74.3
Operating income	115.3	212
Intra-entity interest income (expense)	0	0
Interest expense, net	(12.6)	(11.8)
Income before income taxes	102.7	200.2
Income taxes	(24.2)	(53.4)
Equity in income of subsidiaries	0	0
Net income	78.5	146.8
Dividends on redeemable convertible preferred shares	(8.2)	0
Net income attributable to common shareholders	70.3	146.8
Consolidation, Eliminations
Condensed Income Statements, Captions [Line Items]
Sales	0	0
Cost of sales	0	0
Gross margin	0	0
Selling, general and administrative expenses	0	0
Other operating income, net	0	0
Operating income	0	0
Intra-entity interest income (expense)	0	0
Interest expense, net	0	0
Income before income taxes	0	0
Income taxes	0	0
Equity in income of subsidiaries	(109.7)	(316.4)
Net income	(109.7)	(316.4)
Dividends on redeemable convertible preferred shares	0
Net income attributable to common shareholders	(109.7)	(316.4)
Signet Jewelers Limited | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Sales	0	0
Cost of sales	0	0
Gross margin	0	0
Selling, general and administrative expenses	(0.2)	(0.1)
Other operating income, net	0	0
Operating income	(0.2)	(0.1)
Intra-entity interest income (expense)	0	0
Interest expense, net	0	0
Income before income taxes	(0.2)	(0.1)
Income taxes	0	0
Equity in income of subsidiaries	78.7	146.9
Net income	78.5	146.8
Dividends on redeemable convertible preferred shares	(8.2)
Net income attributable to common shareholders	70.3	146.8
Signet UK Finance plc | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Sales	0	0
Cost of sales	0	0
Gross margin	0	0
Selling, general and administrative expenses	0	0
Other operating income, net	0	0
Operating income	0	0
Intra-entity interest income (expense)	4.7	4.7
Interest expense, net	(4.9)	(4.9)
Income before income taxes	(0.2)	(0.2)
Income taxes	0	0
Equity in income of subsidiaries	0	0
Net income	(0.2)	(0.2)
Dividends on redeemable convertible preferred shares	0
Net income attributable to common shareholders	(0.2)	(0.2)
Guarantor Subsidiaries | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Sales	1,325.2	1,518.3
Cost of sales	(895.4)	(969.1)
Gross margin	429.8	549.2
Selling, general and administrative expenses	(421.5)	(438.6)
Other operating income, net	77.2	71.6
Operating income	85.5	182.2
Intra-entity interest income (expense)	(45.4)	(46.9)
Interest expense, net	(4.1)	(3.7)
Income before income taxes	36	131.6
Income taxes	(15.4)	(54.2)
Equity in income of subsidiaries	8.7	85.2
Net income	29.3	162.6
Dividends on redeemable convertible preferred shares	0
Net income attributable to common shareholders	29.3	162.6
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Sales	78.2	60.6
Cost of sales	(16.8)	(9.4)
Gross margin	61.4	51.2
Selling, general and administrative expenses	(31.1)	(24)
Other operating income, net	(0.3)	2.7
Operating income	30	29.9
Intra-entity interest income (expense)	40.7	42.2
Interest expense, net	(3.6)	(3.2)
Income before income taxes	67.1	68.9
Income taxes	(8.8)	0.8
Equity in income of subsidiaries	22.3	84.3
Net income	80.6	154
Dividends on redeemable convertible preferred shares	0
Net income attributable to common shareholders	$ 80.6	$ 154

Condensed consolidating finan83

Condensed consolidating financial information - Condensed consolidated statement of comprehensive income (loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Condensed Statement of Comprehensive Income [Line Items]
Net income	$ 78.5	$ 146.8
Other comprehensive income (loss):
Foreign currency translation adjustments	0.5	30.8
Available-for-sale securities:
Unrealized loss	0.2	0.2
Cash flow hedges:
Unrealized (loss) gain	2.7	3.6
Reclassification adjustment for losses to net income	(1.4)	1.1
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	0.6	0.3
Reclassification adjustment to net income for amortization of prior service (credits) costs	(0.3)	(0.4)
Total other comprehensive income	2.3	35.6
Total comprehensive income	80.8	182.4
Consolidation, Eliminations
Condensed Statement of Comprehensive Income [Line Items]
Net income	(109.7)	(316.4)
Other comprehensive income (loss):
Foreign currency translation adjustments	(0.5)	(30.8)
Available-for-sale securities:
Unrealized loss	(0.2)	(0.2)
Cash flow hedges:
Unrealized (loss) gain	(2.7)	(3.6)
Reclassification adjustment for losses to net income	1.4	(1.1)
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	(0.6)	(0.3)
Reclassification adjustment to net income for amortization of prior service (credits) costs	0.3	0.4
Total other comprehensive income	(2.3)	(35.6)
Total comprehensive income	(112)	(352)
Signet Jewelers Limited | Reportable Legal Entities
Condensed Statement of Comprehensive Income [Line Items]
Net income	78.5	146.8
Other comprehensive income (loss):
Foreign currency translation adjustments	0.5	30.8
Available-for-sale securities:
Unrealized loss	0.2	0.2
Cash flow hedges:
Unrealized (loss) gain	2.7	3.6
Reclassification adjustment for losses to net income	(1.4)	1.1
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	0.6	0.3
Reclassification adjustment to net income for amortization of prior service (credits) costs	(0.3)	(0.4)
Total other comprehensive income	2.3	35.6
Total comprehensive income	80.8	182.4
Signet UK Finance plc | Reportable Legal Entities
Condensed Statement of Comprehensive Income [Line Items]
Net income	(0.2)	(0.2)
Other comprehensive income (loss):
Foreign currency translation adjustments	0	0
Available-for-sale securities:
Unrealized loss	0	0
Cash flow hedges:
Unrealized (loss) gain	0	0
Reclassification adjustment for losses to net income	0	0
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	0	0
Reclassification adjustment to net income for amortization of prior service (credits) costs	0	0
Total other comprehensive income	0	0
Total comprehensive income	(0.2)	(0.2)
Guarantor Subsidiaries | Reportable Legal Entities
Condensed Statement of Comprehensive Income [Line Items]
Net income	29.3	162.6
Other comprehensive income (loss):
Foreign currency translation adjustments	0.5	32.2
Available-for-sale securities:
Unrealized loss	0	0
Cash flow hedges:
Unrealized (loss) gain	2.7	3.6
Reclassification adjustment for losses to net income	(1.4)	1.1
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	0.6	0.3
Reclassification adjustment to net income for amortization of prior service (credits) costs	(0.3)	(0.4)
Total other comprehensive income	2.1	36.8
Total comprehensive income	31.4	199.4
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Statement of Comprehensive Income [Line Items]
Net income	80.6	154
Other comprehensive income (loss):
Foreign currency translation adjustments		(1.4)
Available-for-sale securities:
Unrealized loss	0.2	0.2
Cash flow hedges:
Unrealized (loss) gain	0	0
Reclassification adjustment for losses to net income	0	0
Pension plan:
Reclassification adjustment to net income for amortization of actuarial loss	0	0
Reclassification adjustment to net income for amortization of prior service (credits) costs	0	0
Total other comprehensive income	0.2	(1.2)
Total comprehensive income	$ 80.8	$ 152.8

Condensed consolidating finan84

Condensed consolidating financial information - Condensed consolidated balance sheet (Details) - USD ($) $ in Millions	Apr. 29, 2017	Jan. 28, 2017	Apr. 30, 2016	Jan. 30, 2016
Current assets:
Cash and cash equivalents	$ 99.7	$ 98.7	$ 113	$ 137.7
Accounts receivable, net	1,726.3	1,858	1,689.3
Intra-entity receivables, net	0	0	0
Other receivables	88.6	95.9	63.7
Other current assets	159	136.3	161.2
Income taxes	1.8	4.4	1.4
Inventories	2,432.4	2,449.3	2,512.6
Total current assets	4,507.8	4,642.6	4,541.2
Non-current assets:
Property, plant and equipment, net	829.8	822.9	725.7
Goodwill	516.1	517.6	519.7	515.5
Intangible assets, net	411.9	417	430.4
Investment in subsidiaries	0		0
Intra-entity receivables, net	0		0
Other assets	165.1	165.1	157.2
Deferred tax assets	0.6	0.7	0
Retirement benefit asset	33.9	31.9	53.5
Total assets	6,465.2	6,597.8	6,427.7
Current liabilities:
Loans and overdrafts	131.5	91.1	110.1
Accounts payable	177.8	255.7	255.7
Intra-entity payables, net		0	0
Accrued expenses and other current liabilities	400.3	478.2	409.5
Deferred revenue	272.1	276.9	261.4
Income taxes	34.2	101.8	19.1
Total current liabilities	1,015.9	1,203.7	1,055.8
Non-current liabilities:
Long-term debt	1,311.6	1,317.9	1,311.5
Intra-entity payables, net			0
Other liabilities	206.2	213.7	229.7
Deferred revenue	658.6	659	644.4
Deferred tax liabilities	117.2	101.4	88.1
Total liabilities	3,309.5	3,495.7	3,329.5
Shareholders’ equity:
Total shareholders’ equity	2,543.4	2,490.2	3,098.2
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	6,465.2	6,597.8	6,427.7
Consolidation, Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0	0
Intra-entity receivables, net	(87)	(157.8)	(335)
Other receivables	0	0	0
Other current assets	0	0	0
Income taxes	0	0	0
Inventories	0	0	0
Total current assets	(87)	(157.8)	(335)
Non-current assets:
Property, plant and equipment, net	0		0
Goodwill	0		0
Intangible assets, net	0	0	0
Investment in subsidiaries	(4,552.1)	(4,430.1)	(4,199.7)
Intra-entity receivables, net	(4,045.3)	(4,050)	(4,065)
Other assets	0		0
Deferred tax assets	0		0
Retirement benefit asset	0		0
Total assets	(8,684.4)	(8,637.9)	(8,599.7)
Current liabilities:
Loans and overdrafts	0	0	0
Accounts payable	0	0	0
Intra-entity payables, net	(87)	(157.8)	(335)
Accrued expenses and other current liabilities	0	0	0
Deferred revenue	0	0	0
Income taxes	0	0	0
Total current liabilities	(87)	(157.8)	(335)
Non-current liabilities:
Intra-entity payables, net	(4,045.3)	(4,050)	(4,065)
Other liabilities			0
Deferred revenue			0
Deferred tax liabilities		0	0
Total liabilities	(4,132.3)	(4,207.8)	(4,400)
Shareholders’ equity:
Total shareholders’ equity	(4,552.1)	(4,430.1)	(4,199.7)
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	(8,684.4)	(8,637.9)	(8,599.7)
Signet Jewelers Limited | Reportable Legal Entities
Current assets:
Cash and cash equivalents	1	1.7	0.6	1.9
Accounts receivable, net	0	0	0
Intra-entity receivables, net		12.7	133
Other receivables	0	0	0
Other current assets	0.1	0	0.1
Income taxes	0	0	0
Inventories	0	0	0
Total current assets	1.1	14.4	133.7
Non-current assets:
Property, plant and equipment, net	0		0
Goodwill	0		0
Intangible assets, net	0	0	0
Investment in subsidiaries	3,200.8	3,117.6	2,985.1
Intra-entity receivables, net	0		0
Other assets	0		0
Deferred tax assets	0		0
Retirement benefit asset	0		0
Total assets	3,201.9	3,132	3,118.8
Current liabilities:
Loans and overdrafts	0	0	0
Accounts payable	0	0	0
Intra-entity payables, net	16.2	0	0
Accrued expenses and other current liabilities	30	29.9	20.6
Deferred revenue	0	0	0
Income taxes	0	0	0
Total current liabilities	46.2	29.9	20.6
Non-current liabilities:
Intra-entity payables, net			0
Other liabilities			0
Deferred revenue			0
Deferred tax liabilities		0	0
Total liabilities	46.2	29.9	20.6
Shareholders’ equity:
Total shareholders’ equity	2,543.4	2,490.2	3,098.2
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	3,201.9	3,132	3,118.8
Signet UK Finance plc | Reportable Legal Entities
Current assets:
Cash and cash equivalents	0.1	0.1	0.1	0.1
Accounts receivable, net	0	0	0
Intra-entity receivables, net	0	0	0
Other receivables	0	0	0
Other current assets		0	0
Income taxes	0	0	0
Inventories	0	0	0
Total current assets	0.1	0.1	0.1
Non-current assets:
Property, plant and equipment, net	0	0	0
Goodwill	0	0	0
Intangible assets, net	0	0	0
Investment in subsidiaries	0	0	0
Intra-entity receivables, net	407.8	402.9	407.5
Other assets		0	0
Deferred tax assets	0	0	0
Retirement benefit asset	0	0	0
Total assets	407.9	403	407.6
Current liabilities:
Loans and overdrafts	(0.7)	(0.7)	(0.7)
Accounts payable	0	0	0
Intra-entity payables, net	0	0	0
Accrued expenses and other current liabilities	7.2	2.5	7.1
Deferred revenue	0	0	0
Income taxes		(0.2)	0
Total current liabilities	6.5	1.6	6.4
Non-current liabilities:
Long-term debt	394.5	394.3	393.7
Intra-entity payables, net		0	0
Other liabilities		0	0
Deferred revenue		0	0
Deferred tax liabilities		0	0
Total liabilities	401	395.9	400.1
Shareholders’ equity:
Total shareholders’ equity	6.9	7.1	7.5
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	407.9	403	407.6
Guarantor Subsidiaries | Reportable Legal Entities
Current assets:
Cash and cash equivalents	72.9	70.3	87.6	102
Accounts receivable, net	1,726.1	1,858	1,685.1
Intra-entity receivables, net	87	145.1	0
Other receivables	62.3	71.1	44.9
Other current assets	154	131.4	155.8
Income taxes	1.8	4.4	1.4
Inventories	2,362	2,371.8	2,433.9
Total current assets	4,466.1	4,652.1	4,408.7
Non-current assets:
Property, plant and equipment, net	825.6	818.5	720.5
Goodwill	512.5	514	516.1
Intangible assets, net	411.9	417	430.4
Investment in subsidiaries	734.5	721.6	687.4
Intra-entity receivables, net	0		0
Other assets	134.1	134.8	127
Deferred tax assets	0.5	0.6	0
Retirement benefit asset	33.9	31.9	53.5
Total assets	7,119.1	7,290.5	6,943.6
Current liabilities:
Loans and overdrafts	132.2	91.8	110.8
Accounts payable	170.6	248.2	248.3
Intra-entity payables, net			335
Accrued expenses and other current liabilities	343.9	429.2	369
Deferred revenue	272.1	275.5	261.4
Income taxes	36.3	115.5	22.6
Total current liabilities	955.1	1,160.2	1,347.1
Non-current liabilities:
Long-term debt	317.1	323.6	317.8
Intra-entity payables, net	4,045.3	4,050	4,065
Other liabilities	200.9	208.7	223.5
Deferred revenue	658.6	659	644.4
Deferred tax liabilities	117.1	101.4	88.3
Total liabilities	6,294.1	6,502.9	6,686.1
Shareholders’ equity:
Total shareholders’ equity	825	787.6	257.5
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	7,119.1	7,290.5	6,943.6
Non-Guarantor Subsidiaries | Reportable Legal Entities
Current assets:
Cash and cash equivalents	25.7	26.6	24.7	$ 33.7
Accounts receivable, net	0.2		4.2
Intra-entity receivables, net			202
Other receivables	26.3	24.8	18.8
Other current assets	4.9	4.9	5.3
Income taxes	0		0
Inventories	70.4	77.5	78.7
Total current assets	127.5	133.8	333.7
Non-current assets:
Property, plant and equipment, net	4.2	4.4	5.2
Goodwill	3.6	3.6	3.6
Intangible assets, net	0	0	0
Investment in subsidiaries	616.8	590.9	527.2
Intra-entity receivables, net	3,637.5	3,647.1	3,657.5
Other assets	31	30.3	30.2
Deferred tax assets	0.1	0.1	0
Retirement benefit asset	0		0
Total assets	4,420.7	4,410.2	4,557.4
Current liabilities:
Loans and overdrafts	0	0	0
Accounts payable	7.2	7.5	7.4
Intra-entity payables, net	70.8	157.8	0
Accrued expenses and other current liabilities	19.2	16.6	12.8
Deferred revenue	0	1.4	0
Income taxes	(2.1)	(13.5)	(3.5)
Total current liabilities	95.1	169.8	16.7
Non-current liabilities:
Long-term debt	600	600	600
Intra-entity payables, net			0
Other liabilities	5.3	5	6.2
Deferred revenue			0
Deferred tax liabilities	0.1	0	(0.2)
Total liabilities	700.5	774.8	622.7
Shareholders’ equity:
Total shareholders’ equity	3,720.2	3,635.4	3,934.7
Total liabilities, redeemable convertible preferred shares and shareholders’ equity	4,420.7	4,410.2	4,557.4
Series A Redeemable Convertible Preferred Stock
Non-current liabilities:
Series A redeemable convertible preferred shares	612.3	611.9	$ 0
Series A Redeemable Convertible Preferred Stock | Consolidation, Eliminations
Non-current liabilities:
Series A redeemable convertible preferred shares	0	0
Series A Redeemable Convertible Preferred Stock | Signet Jewelers Limited | Reportable Legal Entities
Non-current liabilities:
Series A redeemable convertible preferred shares	612.3	611.9
Series A Redeemable Convertible Preferred Stock | Signet UK Finance plc | Reportable Legal Entities
Non-current liabilities:
Series A redeemable convertible preferred shares	0	0
Series A Redeemable Convertible Preferred Stock | Guarantor Subsidiaries | Reportable Legal Entities
Non-current liabilities:
Series A redeemable convertible preferred shares	0	0
Series A Redeemable Convertible Preferred Stock | Non-Guarantor Subsidiaries | Reportable Legal Entities
Non-current liabilities:
Series A redeemable convertible preferred shares	$ 0	$ 0

Condensed consolidating finan85

Condensed consolidating financial information - Condensed consolidated statement of cash flows (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 29, 2017	Apr. 30, 2016
Cash flows from operating activities
Net cash provided by (used in) operating activities	$ 56.8	$ 114.4
Investing activities
Purchase of property, plant and equipment	(56.2)	(39.3)
Investment in subsidiaries	0	0
Purchase of available-for-sale securities	(0.7)	(0.8)
Proceeds from available-for-sale securities	0.3	1.2
Net cash used in investing activities	(56.6)	(38.9)
Financing activities
Dividends paid on common shares	(17.8)	(17.5)
Dividends paid on redeemable convertible preferred shares	(11.3)	0
Intra-entity dividends paid	0	0
Proceeds from issuance of common shares	0.1	0.3
Excess tax benefit from exercise of share awards	0	1.3
Proceeds from long-term debt	666.5	696.5
Proceeds from revolving credit facility	128	99
Repayments of revolving credit facility	(121)	(55)
Repurchase of common shares	0	(125)
Net settlement of equity based awards	(1.1)	(4.6)
Capital lease payments	0	(0.1)
Proceeds from short-term borrowings	31.2	6
Intra-entity activity, net	0	0
Net cash provided by (used in) financing activities	3.6	(103.1)
Cash and cash equivalents at beginning of period	98.7	137.7
Decrease in cash and cash equivalents	3.8	(27.6)
Effect of exchange rate changes on cash and cash equivalents	(2.8)	2.9
Cash and cash equivalents at end of period	99.7	113
Consolidation, Eliminations
Cash flows from operating activities
Net cash provided by (used in) operating activities		(715)
Investing activities
Purchase of property, plant and equipment	0	0
Investment in subsidiaries		65
Purchase of available-for-sale securities	0	0
Proceeds from available-for-sale securities	0	0
Net cash used in investing activities	0	65
Financing activities
Dividends paid on common shares	0	0
Dividends paid on redeemable convertible preferred shares	0	0
Intra-entity dividends paid	0	715
Proceeds from issuance of common shares	0	(65)
Excess tax benefit from exercise of share awards	0	0
Proceeds from long-term debt	0	0
Proceeds from revolving credit facility	0	0
Repayments of revolving credit facility	0	0
Repurchase of common shares	0	0
Net settlement of equity based awards	0	0
Capital lease payments	0	0
Proceeds from short-term borrowings	0
Intra-entity activity, net	0	0
Net cash provided by (used in) financing activities	0	650
Cash and cash equivalents at beginning of period	0	0
Decrease in cash and cash equivalents	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
Signet Jewelers Limited | Reportable Legal Entities
Cash flows from operating activities
Net cash provided by (used in) operating activities		314.6
Investing activities
Purchase of property, plant and equipment	0	0
Investment in subsidiaries	0	(65)
Purchase of available-for-sale securities	0	0
Proceeds from available-for-sale securities	0	0
Net cash used in investing activities	0	(65)
Financing activities
Dividends paid on common shares	(17.8)	(17.5)
Dividends paid on redeemable convertible preferred shares	(11.3)
Intra-entity dividends paid	0	0
Proceeds from issuance of common shares	0.1	0.3
Excess tax benefit from exercise of share awards	0	0
Proceeds from long-term debt	0	0
Proceeds from revolving credit facility	0	0
Repayments of revolving credit facility	0
Repurchase of common shares		(125)
Net settlement of equity based awards	(1.1)	(4.6)
Capital lease payments	0	0
Proceeds from short-term borrowings	0
Intra-entity activity, net	29.4	(104.1)
Net cash provided by (used in) financing activities	(0.7)	(250.9)
Cash and cash equivalents at beginning of period	1.7	1.9
Decrease in cash and cash equivalents	(0.7)	(1.3)
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at end of period	1	0.6
Signet UK Finance plc | Reportable Legal Entities
Cash flows from operating activities
Net cash provided by (used in) operating activities	4.9	4.9
Investing activities
Purchase of property, plant and equipment	0	0
Investment in subsidiaries	0	0
Purchase of available-for-sale securities	0	0
Proceeds from available-for-sale securities	0	0
Net cash used in investing activities	0	0
Financing activities
Dividends paid on common shares	0	0
Dividends paid on redeemable convertible preferred shares	0	0
Intra-entity dividends paid	0	0
Proceeds from issuance of common shares	0	0
Excess tax benefit from exercise of share awards	0	0
Proceeds from long-term debt	0	0
Proceeds from revolving credit facility	0	0
Repayments of revolving credit facility	0	0
Repurchase of common shares	0	0
Net settlement of equity based awards	0	0
Capital lease payments	0	0
Proceeds from short-term borrowings	0	0
Intra-entity activity, net	(4.9)	(4.9)
Net cash provided by (used in) financing activities	(4.9)	(4.9)
Cash and cash equivalents at beginning of period	0.1	0.1
Decrease in cash and cash equivalents	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0.1	0.1
Guarantor Subsidiaries | Reportable Legal Entities
Cash flows from operating activities
Net cash provided by (used in) operating activities	(20.9)	240.5
Investing activities
Purchase of property, plant and equipment	(56.2)	(39.3)
Purchase of available-for-sale securities	0	0
Proceeds from available-for-sale securities	0	0
Net cash used in investing activities	(56.2)	(39.3)
Financing activities
Dividends paid on common shares	0	0
Dividends paid on redeemable convertible preferred shares	0	0
Intra-entity dividends paid	0	(450)
Proceeds from issuance of common shares	0	65
Excess tax benefit from exercise of share awards	0	1.3
Proceeds from long-term debt	0	0
Proceeds from revolving credit facility	128	99
Repayments of revolving credit facility	(121)	(55)
Repurchase of common shares	0	0
Net settlement of equity based awards	0	0
Capital lease payments		0.1
Proceeds from short-term borrowings	31.2	6
Intra-entity activity, net	48.9	122.8
Net cash provided by (used in) financing activities	82.6	(218.5)
Cash and cash equivalents at beginning of period	70.3	102
Decrease in cash and cash equivalents	5.5	(17.3)
Effect of exchange rate changes on cash and cash equivalents	(2.9)	2.9
Cash and cash equivalents at end of period	72.9	87.6
Non-Guarantor Subsidiaries | Reportable Legal Entities
Cash flows from operating activities
Net cash provided by (used in) operating activities	72.8	269.4
Investing activities
Purchase of available-for-sale securities	(0.7)	(0.8)
Proceeds from available-for-sale securities	0.3	1.2
Net cash used in investing activities	(0.4)	0.4
Financing activities
Dividends paid on common shares	0	0
Dividends paid on redeemable convertible preferred shares	0	0
Intra-entity dividends paid	0	(265)
Proceeds from long-term debt	666.5	696.5
Proceeds from revolving credit facility	0	0
Repayments of revolving credit facility	0	0
Repurchase of common shares	0	0
Net settlement of equity based awards	0	0
Capital lease payments	0	0
Proceeds from short-term borrowings	0
Intra-entity activity, net	(73.4)	(13.8)
Net cash provided by (used in) financing activities	(73.4)	(278.8)
Cash and cash equivalents at beginning of period	26.6	33.7
Decrease in cash and cash equivalents	(1)	(9)
Effect of exchange rate changes on cash and cash equivalents	0.1
Cash and cash equivalents at end of period	25.7	24.7
Term Loan
Financing activities
Repayments of long-term debt	(4.5)	(7.5)
Term Loan | Consolidation, Eliminations
Financing activities
Repayments of long-term debt	0	0
Term Loan | Signet Jewelers Limited | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0	0
Term Loan | Signet UK Finance plc | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0	0
Term Loan | Guarantor Subsidiaries | Reportable Legal Entities
Financing activities
Repayments of long-term debt	(4.5)	(7.5)
Term Loan | Non-Guarantor Subsidiaries | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0
Securitization facility
Financing activities
Repayments of long-term debt	(666.5)	(696.5)
Securitization facility | Consolidation, Eliminations
Financing activities
Repayments of long-term debt	0	0
Securitization facility | Signet Jewelers Limited | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0	0
Securitization facility | Signet UK Finance plc | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0	0
Securitization facility | Guarantor Subsidiaries | Reportable Legal Entities
Financing activities
Repayments of long-term debt	0	0
Securitization facility | Non-Guarantor Subsidiaries | Reportable Legal Entities
Financing activities
Repayments of long-term debt	$ (666.5)	$ (696.5)