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Intangible Assets and Goodwill (Tables)
12 Months Ended
Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Values of Intangible Assets
The following table details the carrying values of the Company's intangible assets that are subject to amortization (in millions):
 
April 1, 2017
 
April 2, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Reacquired Rights
$
400.4

 
$
13.4

 
$
387.0

 
$

 
$

 
$

Trademarks
23.0

 
16.3

 
6.7

 
23.0

 
15.1

 
7.9

Lease Rights
74.2

 
53.8

(1) 
20.4

 
73.3

 
17.8

 
55.5

Customer Relationships
5.0

 
1.0

 
4.0

 
4.2

 
0.2

 
4.0

 
$
502.6

 
$
84.5

 
$
418.1

 
$
100.5

 
$
33.1

 
$
67.4


________________________________
(1) Includes $30.2 million of impairment charges recorded during Fiscal 2017 in connection with underperforming full-price retail stores. There were no impairment charges related to the Company’s amortized intangibles assets during Fiscal 2016 and Fiscal 2015.
Estimated Amortization Expense
Estimated amortization expense for each of the next five years is as follows (in millions):
Fiscal 2018
$
20.4

Fiscal 2019
20.4

Fiscal 2020
20.4

Fiscal 2021
20.2

Fiscal 2022
19.8

Thereafter
316.9

 
$
418.1

Changes in Goodwill for Reportable Segments
The following table details the changes in goodwill for each of the Company's reportable segments (in millions):
 
Retail
 
Wholesale
 
Licensing
 
Total
Balance at April 2, 2016
$
8.0

 
$
13.3

 
$
1.9

 
$
23.2

Acquisition of MKHKL
83.9

 
12.6

 

 
96.5

Balance at April 1, 2017
$
91.9

 
$
25.9

 
$
1.9

 
$
119.7