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Intangible Assets and Goodwill (Tables) | 12 Months Ended
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Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Carrying Values of Intangible Assets | The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
| March 31, 2018 |  | April 1, 2017
| Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Reacquired rights | $ | 400.4 |  |  | $ | 29.4 |  |  | $ | 371.0 |  |  | $ | 400.4 |  |  | $ | 13.4 |  |  | $ | 387.0 |
Trademarks | 23.0 |  |  | 17.4 |  |  | 5.6 |  |  | 23.0 |  |  | 16.3 |  |  | 6.7 |
Lease rights | 80.1 |  |  | 58.3 |  |  | 21.8 |  |  | 74.2 |  |  | 53.8 |  |  | 20.4 |
Customer relationships | 231.3 |  |  | 8.1 |  |  | 223.2 |  |  | 5.0 |  |  | 1.0 |  |  | 4.0 |
| 734.8 |  |  | 113.2 |  |  | 621.6 |  |  | 502.6 |  |  | 84.5 |  |  | 418.1 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Jimmy Choo brand | 614.1 |  |  | — |  |  | 614.1 |  |  | — |  |  | — |  |  | — |
Total intangible assets, excluding goodwill | $ | 1,348.9 |  |  | $ | 113.2 |  |  | $ | 1,235.7 |  |  | $ | 502.6 |  |  | $ | 84.5 |  |  | $ | 418.1 |
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(1) | Includes $5.2 million and $30.2 million, respectively, of impairment charges recorded during Fiscal 2018 and 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. See Note 12 for additional information.
Estimated Amortization Expense | Estimated amortization expense for each of the next five years is as follows (in millions):
Fiscal 2019 | $ | 34.4 |
Fiscal 2020 | 34.1 |
Fiscal 2021 | 34.0 |
Fiscal 2022 | 33.4 |
Fiscal 2023 | 32.5 |
Thereafter | 453.2 |
| $ | 621.6 |
Changes in Goodwill for Reportable Segments | The following table details the changes in goodwill for each of the Company’s reportable segments (in millions):
| MK Retail |  | MK Wholesale |  | MK Licensing |  | Jimmy Choo |  | Total
Balance at April 1, 2017 | $ | 91.9 |  |  | $ | 25.9 |  |  | $ | 1.9 |  |  | $ | — |  |  | $ | 119.7 |
Acquisition of Jimmy Choo | — |  |  | — |  |  | — |  |  | 684.9 |  |  | 684.9 |
Foreign currency translation | — |  |  | — |  |  | — |  |  | 43.1 |  |  | 43.1 |
Balance at March 31, 2018 | $ | 91.9 |  |  | $ | 25.9 |  |  | $ | 1.9 |  |  | $ | 728.0 |  |  | $ | 847.7 |

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