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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Jun. 30, 2018
Accounting Policies [Abstract] |
Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share | The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in millions, except share and per share data):
| Three Months Ended
| June 30, 2018 |  | July 1, 2017
Numerator: |  |  |
Net income attributable to MKHL | $ | 186.4 |  |  | $ | 125.5 |
Denominator: |  |  |
Basic weighted average shares | 149,502,101 |  |  | 154,486,898 |
Weighted average dilutive share equivalents: |  |  |
Share options and restricted shares/units, and performance restricted share units | 2,897,554 |  |  | 2,384,620 |
Diluted weighted average shares | 152,399,655 |  |  | 156,871,518 |
Basic net income per share | $ | 1.25 |  |  | $ | 0.81 |
Diluted net income per share | $ | 1.22 |  |  | $ | 0.80 |
Schedule of Impact of Adoption of New Accounting Pronouncements | The below table details the components of the cumulative adjustment recorded on April 1, 2018 (in millions):
| March 31, 2018 As Reported under ASC 605 |  | ASC 606 Adjustments |  | April 1, 2018 As Reported Under ASC 606
Receivables, net | $ | 290.5 |  |  | $ | 3.8 |  | (1) | $ | 294.3 |
Accrued expenses and other current liabilities | 295.6 |  |  | (4.6 | ) | (2) | 291.0 |
Deferred tax liabilities | 186.3 |  |  | 1.7 |  | (3) | 188.0 |
Retained earnings | 4,152.0 |  |  | 6.7 |  |  | 4,158.7 |
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(1) | Includes a $3.5 million adjustment related to product licensing revenue, which was previously recorded on a one-month lag and $0.3 million of guaranteed advertising minimums recognized by product licensees on a straight-line basis over the contract year.
(2) | Relates to recognition of breakage revenue associated with gift card liabilities not subject to escheatment.
(3) | Relates to income tax effect of the above adjustments.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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