XML 61 R34.htm IDEA: XBRL DOCUMENT
v3.21.1

Restructuring Plans (Tables) | 3 Months Ended
--- | ---
May 01, 2021
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | Restructuring charges and other Plan-related costs are classified in the condensed consolidated statements of operations as follows:
|  |  | 13 weeks ended |  |
(in millions) | Statement of operations caption |  | May 1, 2021 |  | May 2, 2020 |  |  |  |
Inventory charges | Restructuring charges - cost of sales |  | $ | — |  |  | $ | (0.4) |  |  |  |  |
Other Plan related expenses | Restructuring charges |  | (0.7) |  |  | 12.7 |  |  |  |  |
Total Signet Path to Brilliance Plan expenses |  |  | $ | (0.7) |  |  | $ | 12.3 |  |  |  |  |
The composition of the restructuring charges the Company incurred during the 13 weeks ended May 1, 2021, as well as the cumulative amount incurred under the Plan through May 1, 2021, were as follows:
|  | 13 weeks ended |  |  |  | Cumulative amount
(in millions) |  | May 1, 2021 |  |  |  | May 1, 2021
Inventory charges |  | $ | — |  |  |  |  | $ | 72.8 |
Termination benefits |  | (0.7) |  |  |  |  | 49.2 |
Store closure and other costs |  | — |  |  |  |  | 129.9 |
Total Signet Path to Brilliance Plan expenses |  | $ | (0.7) |  |  |  |  | $ | 251.9 |
Schedule of Plan Liabilities | The following table summarizes the activity related to the Plan liabilities for Fiscal 2022:
(in millions) |  | Termination benefits |  | Store closure and other costs |  | Consolidated
Balance at January 30, 2021 |  | $ | 2.1 |  |  | $ | 8.1 |  |  | $ | 10.2 |
Payments and other adjustments |  | (0.6) |  |  | (0.1) |  |  | (0.7) |
Charged (credited) to expense |  | (0.7) |  |  | — |  |  | (0.7) |
Balance at May 1, 2021 |  | $ | 0.8 |  |  | $ | 8.0 |  |  | $ | 8.8 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration