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Shareholders' equity | 6 Months Ended
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Aug. 04, 2018
Equity [Abstract] |
Shareholders' equity | Shareholders’ equity Share repurchases Common shares repurchased during the 26 weeks ended August 4, 2018 and July 29, 2017 were as follows:
|  |  | 26 weeks ended August 4, 2018 |  | 26 weeks ended July 29, 2017
(in millions, except per share amounts) | Amount authorized |  | Shares repurchased |  | Amount repurchased |  | Average repurchase price per share |  | Shares repurchased |  | Amount repurchased |  | Average repurchase price per share
2017 Program(1) | $ | 600.0 |  |  | 7.5 |  |  | $ | 434.4 |  |  | $ | 57.64 |  |  | n/a |  |  | n/a |  |  | n/a |
2016 Program(2) | $ | 1,375.0 |  |  | 1.3 |  |  | $ | 50.6 |  |  | $ | 39.76 |  |  | 8.1 |  |  | $ | 460.0 |  |  | $ | 56.91 |
Total |  |  | 8.8 |  |  | $ | 485.0 |  |  | $ | 55.06 |  |  | 8.1 |  |  | $ | 460.0 |  |  | $ | 56.91 |
(1) | The 2017 Program had $165.6 million remaining as of August 4, 2018.
(2) | The 2016 Program was completed in March 2018.
n/a | Not applicable.
Dividends on common shares Dividends declared on common shares during the 26 weeks ended August 4, 2018 and July 29, 2017 were as follows:
| Fiscal 2019 |  | Fiscal 2018
(in millions, except per share amounts) | Cash dividend per share |  | Total dividends |  | Cash dividend per share |  | Total dividends
First quarter | $ | 0.37 |  |  | $ | 21.8 |  |  | $ | 0.31 |  |  | $ | 21.3 |
Second quarter(1) | 0.37 |  |  | 19.2 |  |  | 0.31 |  |  | 18.7 |
Total | $ | 0.74 |  |  | $ | 41.0 |  |  | $ | 0.62 |  |  | $ | 40.0 |
(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 August 4, 2018 and July 29, 2017, $19.2 million and $18.7 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 second quarter of Fiscal 2019 and Fiscal 2018, respectively.
Dividends on preferred shares Dividends declared on preferred shares during the 26 weeks ended August 4, 2018 and July 29, 2017 were as follows:
| Fiscal 2019 |  | Fiscal 2018
(in millions) | Total cash dividends |  | Total cash dividends
First quarter | $ | 7.8 |  |  | $ | 7.8 |
Second quarter(1) | 7.8 |  |  | 7.8 |
Total | $ | 15.6 |  |  | $ | 15.6 |
(1) | Signet’s preferred shares dividends results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of August 4, 2018 and July 29, 2017, $7.8 million and $7.8 million, respectively, has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on preferred shares declared for the second quarter of Fiscal 2019 and Fiscal 2018, respectively.
There were no cumulative undeclared dividends on the preferred shares that reduced net (loss) income attributable to common shareholders during the 13 and 26 weeks ended August 4, 2018 or July 29, 2017. In addition, deemed dividends of $0.4 million and $0.8 million related to accretion of issuance costs associated with the preferred shares was recognized during the 13 and 26 weeks ended August 4, 2018, respectively ($0.4 million and $0.8 million for the 13 and 26 weeks ended July 29, 2017, respectively). See Note 8 for additional discussion of the Company’s preferred shares.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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