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Restructuring plans (Tables)

6 Months Ended

Jul. 31, 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												26 weeks ended
(in millions)			Statement of operations caption						July 31, 2021						August 1, 2020						July 31, 2021						August 1, 2020
Inventory charges			Restructuring charges - cost of sales						$	—					$	(0.2)					$	—					$	(0.6)
Other Plan related expenses			Restructuring charges						(0.9)						28.9						(1.6)						41.6
Total Signet Path to Brilliance Plan expenses									$	(0.9)					$	28.7					$	(1.6)					$	41.0

The composition of the restructuring charges the Company incurred during the 13 and 26 weeks ended July 31, 2021, as well as the cumulative amount incurred under the Plan through July 31, 2021, were as follows:

						13 weeks ended						26 weeks ended						Cumulative amount
(in millions)						July 31, 2021						July 31, 2021						July 31, 2021
Inventory charges						$	—					$	—					$	72.8
Termination benefits						(0.4)						(1.1)						48.8
Store closure and other costs						(0.5)						(0.5)						129.4
Total Signet Path to Brilliance Plan expenses						$	(0.9)					$	(1.6)					$	251.0

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						(0.9)						(0.5)						(1.4)
Charged (credited) to expense						(1.1)						(0.5)						(1.6)
Balance at July 31, 2021						$	0.1					$	7.1					$	7.2

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- References

No definition available.

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- 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

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- 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

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