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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The following table details the changes in goodwill for each of the Company's segments during Fiscal 2018 and Fiscal 2017:
 
 
Wholesale
 
Retail
 
Licensing
 
North America
 
Europe
 
Asia
 
Other Non-reportable Segments
 
Total
 
 
(millions)
Balance at April 2, 2016
 
$
581.8

 
$
202.8

 
$
133.3

 
$

 
$

 
$

 
$

 
$
917.9

Foreign currency translation
 
(14.3
)
 
(2.6
)
 
(1.3
)
 

 

 

 

 
(18.2
)
Balance at December 31, 2016
 
567.5

 
200.2

 
132.0

 

 

 

 

 
899.7

Segment reallocation(a)
 
(567.5
)
 
(200.2
)
 
(132.0
)
 
421.8

 
269.2

 
71.5

 
137.2

 

Impairments
 

 

 

 

 

 

 
(5.2
)
 
(5.2
)
Foreign currency translation
 

 

 

 

 
6.7

 
3.4

 

 
10.1

Balance at April 1, 2017
 

 

 

 
421.8

 
275.9

 
74.9

 
132.0

 
904.6

Foreign currency translation
 

 

 

 

 
42.0

 
3.9

 

 
45.9

Balance at March 31, 2018
 
$

 
$

 
$

 
$
421.8

 
$
317.9

 
$
78.8

 
$
132.0

 
$
950.5


 
(a) 
In connection with the realignment of the Company's segment reporting structure, the Company reallocated the carrying amount of goodwill to its new reporting units based upon each reporting unit's relative fair value as of the first day of its fourth quarter of Fiscal 2017.
Other Intangible Assets
Other intangible assets consist of the following:
 
 
March 31, 2018
 
April 1, 2017
 
 
Gross Carrying Amount
 
Accum. Amort.
 
Net
 
Gross Carrying Amount
 
Accum. Amort.
 
Net
 
 
(millions)
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Re-acquired licensed trademarks
 
$
232.7

 
$
(140.0
)
 
$
92.7

 
$
231.1

 
$
(130.2
)
 
$
100.9

Customer relationships
 
256.5

 
(171.4
)
 
85.1

 
252.1

 
(152.9
)
 
99.2

Other
 
10.1

 
(7.2
)
 
2.9

 
26.9

 
(14.5
)
 
12.4

Total intangible assets subject to amortization
 
499.3

 
(318.6
)
 
180.7

 
510.1

 
(297.6
)
 
212.5

Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brands
 
7.3

 
N/A

 
7.3

 
7.3

 
N/A

 
7.3

Total intangible assets
 
$
506.6

 
$
(318.6
)
 
$
188.0

 
$
517.4

 
$
(297.6
)
 
$
219.8


Amortization
Based on the balance of the Company's intangible assets subject to amortization as of March 31, 2018, the expected amortization expense for each of the next five fiscal years and thereafter is as follows:
 
 
Amortization Expense
 
 
(millions)
Fiscal 2019
 
$
23.6

Fiscal 2020
 
22.9

Fiscal 2021
 
20.1

Fiscal 2022
 
18.1

Fiscal 2023
 
14.4

Fiscal 2024 and thereafter
 
81.6

Total
 
$
180.7