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Selected Quarterly Financial Information (Unaudited)
 12 Months Ended
Apr. 01, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited)
Selected Quarterly Financial Information (Unaudited)
The following table summarizes the Fiscal 2017 and Fiscal 2016 quarterly results (dollars in millions):
 
Fiscal Quarter Ended
 
 
July 2,
2016
 
October 1,
2016
 
December 31,
2016
 
April 1,
2017
 
Fiscal 2017
 
 
 
 
 
 
 
 
Total revenue
$
987.9

 
$
1,088.2

 
$
1,352.8

 
$
1,064.8

 
Gross profit
$
591.3

 
$
644.7

 
$
805.7

 
$
619.7

 
Income (loss) from operations (1)
$
186.9

 
$
203.7

 
$
341.9

 
$
(42.6
)
 
Net income (loss)
$
146.3

 
$
160.7

 
$
271.3

 
$
(26.8
)
 
Net income (loss) attributable to MKHL
$
147.1

 
$
160.9

 
$
271.3

 
$
(26.8
)
 
Weighted average ordinary shares outstanding:
 
 
 
 
 
 
 
 
Basic
174,158,571

 
166,695,631

 
163,148,597

 
159,944,132

 
Diluted
176,613,751

 
168,839,967

 
165,214,045

 
161,827,486

 
 
 
 
 
 
 
 
 
 
 
Fiscal Quarter Ended
 
 
June 27,
2015
 
September 26,
2015
 
December 26,
2015
 
April 2,
2016
(2)
Fiscal 2016
 
 
 
 
 
 
 
 
Total revenue
$
986.0

 
$
1,130.0

 
$
1,397.4

 
$
1,198.7

 
Gross profit
$
603.6

 
$
664.4

 
$
832.0

 
$
697.2

 
Income from operations
$
248.6

 
$
273.1

 
$
409.3

 
$
244.1

(3)
Net income
$
174.4

 
$
192.8

 
$
294.2

 
$
176.3

 
Net income attributable to MKHL
$
174.4

 
$
193.1

 
$
294.6

 
$
177.0

 
Weighted average ordinary shares outstanding:
 
 
 
 
 
 
 
 
Basic
196,977,021

 
188,857,398

 
182,176,452

 
177,814,521

 
Diluted
200,054,494

 
191,524,156

 
184,851,616

 
180,439,102

 
 
 
(1) 
Fiscal quarter ended July 2, 2016 contains $11.3 million in transaction costs related to the acquisition of the previously licensed Greater China business, fiscal quarter ended October 1, 2016 contains $4.9 million in retail fixed asset impairment charges; fiscal quarter ended December 31, 2016 contains $0.5 million in wholesale fixed asset impairment charges; fiscal quarter ended April 1, 2017 contains $193.8 million in retail long-lived asset impairment charges.
(2) 
Fiscal quarter ended April 2, 2016 contains 14 weeks, whereas all other fiscal quarters presented contain 13 weeks.
(3) 
Fiscal quarter ended April 2, 2016 contains $10.9 million in impairment charges, as well as a $3.7 million gain as a result of the MK Korea acquisition.