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Acquisitions (Tables) - Michael Kors (HK) Limited | 3 Months Ended
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Jul. 01, 2017
Business Acquisition [Line Items] |
Schedule of Fair Values of Assets Acquired and Liabilities Assumed | The following table summarized the fair values of the assets acquired and liabilities assumed at the date of acquisition (in millions):
| May 31, 2016
Cash and cash equivalents | $ | 19.4 |
Accounts receivable | 22.3 |
Inventory | 36.1 |
Other current assets | 5.5 |
Current assets | 83.3 |
Property and equipment | 46.6 |
Goodwill | 96.5 |
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 Consolidated Results of Operations | The following table summarizes the unaudited pro-forma consolidated results of operations for the three months ended July 2, 2016 as if the acquisition had occurred on March 29, 2015, the beginning of Fiscal 2016 (in millions):
|  | Three Months Ended
|  | July 2, 2016
Pro-forma total revenue |  | $ | 1,014.3 |
Pro-forma net income |  | 155.2 |
Pro-forma net income per ordinary share attributable to MKHL: |  |
Basic |  | $ | 0.89 |
Diluted |  | $ | 0.88 |

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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=84161108&loc=d3e4845-128472 + Details
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