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Acquisitions (Tables) - Michael Kors (HK) Limited | 3 Months Ended
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Jul. 02, 2016
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed including Non-Controlling Interest |
| May 31, 2016
Cash and cash equivalents | $ | 19.4 |
Accounts receivable | 22.3 |
Inventory | 36.1 |
Other current assets | 3.0 |
Current assets | 80.8 |
Property and equipment | 46.6 |
Goodwill | 99.0 |
Reacquired rights | 400.4 |
Favorable lease assets | 1.8 |
Customer relationships | 0.7 |
Deferred tax assets | 7.8 |
Other assets | 6.6 |
Total assets acquired | $ | 643.7 |
Accounts payable | $ | 8.9 |
Short-term debt | 5.8 |
Other current liabilities | 27.8 |
Current liabilities | 42.5 |
Unfavorable lease liabilities | 4.8 |
Deferred tax liabilities | 92.3 |
Other liabilities | 4.1 |
Total liabilities assumed | $ | 143.7 |
Fair value of net assets acquired | $ | 500.0 |
Fair value of acquisition consideration | $ | 500.0 |
Schedule of Pro Forma Information | The following table summarizes the unaudited pro-forma consolidated results of operations for the three months ended July 2, 2016 and June 27, 2015 as if the acquisition had occurred on March 29, 2015, the beginning of Fiscal 2016 (in millions):
| Three Months Ended
| July 2, 2016 |  | June 27, 2015
Pro-forma net sales | $ | 1,014.3 |  |  | $ | 1,015.4 |
Pro-forma net income | 155.2 |  |  | 173.6 |
Pro-forma net income per ordinary share attributable to MKHL: |  |  |
Basic | $ | 0.89 |  |  | $ | 0.88 |
Diluted | $ | 0.88 |  |  | $ | 0.87 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
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