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v3.22.1

ACQUISITION - Narrative (Details) - USD ($) |  | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Dec. 28, 2020 | Apr. 03, 2021 | Jan. 01, 2022 | Apr. 02, 2022 | Apr. 03, 2021 | Mar. 28, 2020
Business Acquisition [Line Items] |  |  |  |  |  |
Contingent consideration included in other liabilities |  | $ 207,000,000 |  | $ 0 | $ 207,000,000 |
Share based compensation vesting period |  |  |  | 3 years |  |
Net revenues |  |  |  | $ 11,841,840,000 | 9,238,830,000 | $ 10,488,556,000
Net income |  |  |  | 1,386,941,000 | 407,869,000 | 679,449,000
Goodwill, increase (decrease) from working capital adjustment |  |  |  | $ (717,000) |  |
Restricted Stock |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Granted (in shares) |  |  |  | 31,214 |  |
Supreme |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Business acquisition, percentage acquired | 100.00% |  |  |  |  |
Cash consideration | $ 2,223,495,000 |  |  |  |  |
Cash acquired from acquisition | 200,000,000 |  |  |  |  |
Working capital adjustments |  |  |  | $ 3,800,000 |  |
Contingent consideration arrangement, low value | 0 |  |  |  |  |
Contingent consideration arrangement, high value | $ 300,000,000 |  |  |  |  |
Earn out period for contingent consideration | 1 year |  |  |  |  |
Contingent consideration included in other liabilities | $ 207,000,000 | 207,000,000 |  |  | 207,000,000 |
Net revenues |  | 142,000,000 |  | 561,500,000 |  |
Net income |  | 21,500,000 |  | 82,400,000 |  |
Goodwill, increase (decrease) from working capital adjustment |  |  | $ (700,000) |  |  |
Intangible asset | $ 1,201,000,000 |  |  |  |  |
Supreme | Acquisition-related Costs |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Pro forma excluded expenses |  |  |  |  | 30,600,000 |
Included expenses |  |  |  |  |  | $ 8,700,000
Supreme | Trademarks |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Intangible asset |  |  |  | $ 1,200,000,000 |  |
Supreme | Selling, general and administrative expenses |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Transaction costs |  |  |  |  | 8,700,000 |
Supreme | Restricted Stock |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Granted (in shares) | 605,050 |  |  |  |  |
Share based compensation vesting period | 4 years |  |  |  |  |
Share-based compensation cost | $ 51,700,000 |  |  |  |  |
Supreme | Other liabilities |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Contingent consideration included in other liabilities |  | $ 207,000,000 |  |  | $ 207,000,000 |

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