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Intangible Assets and Goodwill (Tables)

9 Months Ended

Dec. 30, 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 other than goodwill (in millions):

	December 30, 2017				April 1, 2017
Definite-lived intangible assets:
Reacquired Rights	$	400.4			$	400.4
Trademarks	23.0				23.0
Lease Rights	78.9				74.2
Customer Relationships	223.3				5.0
Total definite-lived intangible assets	725.6				502.6
Less: accumulated amortization	(102.7		)		(84.5		)
Net definite-lived intangible assets	$	622.9			$	418.1
Indefinite-lived intangible assets:
Jimmy Choo brand	$	592.5			$	—

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the next five years is as follows (in millions):

Remainder of Fiscal 2018	$	8.4
Fiscal 2019	33.7
Fiscal 2020	33.6
Fiscal 2021	33.5
Fiscal 2022	33.3
Thereafter	480.4
	$	622.9

Schedule of Changes in Goodwill

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	—				—				—				17.4				17.4
Balance at December 30, 2017	$	91.9			$	25.9			$	1.9			$	702.3			$	822.0

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-Section 50
-Paragraph 1
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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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