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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Sep. 29, 2018

Summary of Significant Accounting Policies (Tables) [Abstract]

Contractually-Guaranteed Minimum Royalties

As of September 29, 2018, contractually-guaranteed minimum royalty amounts expected to be recognized as revenue during future periods were as follows:

		Contractually-Guaranteed Minimum Royalties(a)
		(millions)
Remainder of Fiscal 2019		$	53.9
Fiscal 2020		88.5
Fiscal 2021		81.5
Fiscal 2022 and thereafter		65.7
Total		$	289.6

^(a)  Amounts presented do not contemplate anticipated contract renewals or royalties earned in excess of the contractually guaranteed minimums.

Disaggregation of Revenue

The following tables disaggregate the Company's net revenues into categories that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors for the periods presented:

		Three Months Ended
		September 29, 2018																				September 30, 2017
		North America				Europe				Asia				Other				Total				North America				Europe				Asia				Other				Total
		(millions)
Sales Channel(a):
Wholesale		$	452.8			$	231.6			$	22.2			$	7.0			$	713.6			$	451.3			$	233.5			$	17.9			$	7.3			$	710.0
Retail		435.4				227.6				222.5				47.4				932.9				424.3				229.5				198.9				54.6				907.3
Licensing		—				—				—				44.4				44.4				—				—				—				46.9				46.9
Total		$	888.2			$	459.2			$	244.7			$	98.8			$	1,690.9			$	875.6			$	463.0			$	216.8			$	108.8			$	1,664.2

		Six Months Ended
		September 29, 2018																				September 30, 2017
		North America				Europe				Asia				Other				Total				North America				Europe				Asia				Other				Total
		(millions)
Sales Channel(a):
Wholesale		$	762.9			$	369.6			$	34.8			$	12.5			$	1,179.8			$	764.6			$	349.1			$	25.8			$	13.3			$	1,152.8
Retail		822.9				440.2				457.9				97.3				1,818.3				820.7				437.4				400.1				111.6				1,769.8
Licensing		—				—				—				83.4				83.4				—				—				—				88.7				88.7
Total		$	1,585.8			$	809.8			$	492.7			$	193.2			$	3,081.5			$	1,585.3			$	786.5			$	425.9			$	213.6			$	3,011.3

^(a)  Net revenues from the Company's wholesale and retail businesses are recognized at a point in time. Net revenues from the Company's licensing business are recognized over time.

Shipping and Handling Charges

A summary of shipping and handling costs is as follows:

		Three Months Ended								Six Months Ended
		September 29, 2018				September 30, 2017				September 29, 2018				September 30, 2017
		(millions)
Shipping costs		$	10.9			$	9.4			$	19.6			$	16.7
Handling costs		39.0				38.4				74.7				75.6

Summary of Basic and Diluted shares

The weighted-average number of common shares outstanding used to calculate basic net income per common share is reconciled to shares used to calculate diluted net income per common share as follows:

		Three Months Ended						Six Months Ended
		September 29, 2018			September 30, 2017			September 29, 2018			September 30, 2017
		(millions)
Basic shares		81.3			81.7			81.6			81.6
Dilutive effect of stock options and RSUs		1.0			0.6			1.2			0.8
Diluted shares		82.3			82.3			82.8			82.4

Sales Returns and Allowances [Member]

Summary of Significant Accounting Policies (Tables) [Abstract]

Rollforward of activity in the Company's allowance for doubtful accounts and its aggregate reserves for returns, discounts, end-of-season markdowns, operational chargebacks, and certain cooperative advertising allowances

A rollforward of the activity in the Company's reserves for returns, discounts, end-of-season markdowns, operational chargebacks, and certain cooperative advertising allowances is presented below:

		Three Months Ended								Six Months Ended
		September 29, 2018				September 30, 2017				September 29, 2018				September 30, 2017
		(millions)
Beginning reserve balance		$	167.2			$	199.6			$	202.5			$	202.8
Amount charged against revenue to increase reserve		150.5				175.6				250.2				293.3
Amount credited against customer accounts to decrease reserve		(119.2		)		(146.2		)		(249.3		)		(272.2		)
Foreign currency translation		0.2				2.5				(4.7		)		7.6
Ending reserve balance		$	198.7			$	231.5			$	198.7			$	231.5

Allowance for Doubtful Accounts

Summary of Significant Accounting Policies (Tables) [Abstract]

Rollforward of activity in the Company's allowance for doubtful accounts and its aggregate reserves for returns, discounts, end-of-season markdowns, operational chargebacks, and certain cooperative advertising allowances

A rollforward of the activity in the Company's allowance for doubtful accounts is presented below:

		Three Months Ended								Six Months Ended
		September 29, 2018				September 30, 2017				September 29, 2018				September 30, 2017
		(millions)
Beginning reserve balance		$	18.7			$	13.9			$	19.7			$	11.6
Amount recorded to expense to increase (decrease) reserve(a)		(0.5		)		3.8				(0.5		)		6.3
Amount written-off against customer accounts to decrease reserve		(1.0		)		(0.7		)		(1.4		)		(1.4		)
Foreign currency translation		—				0.3				(0.6		)		0.8
Ending reserve balance		$	17.2			$	17.3			$	17.2			$	17.3

^(a)  Amounts recorded to bad debt expense are included within SG&A expenses in the consolidated statements of operations.

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