XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2018
Segment Reporting [Abstract] |
Key Performance Information of Reportable Segments | The following table presents the key performance information of the Company’s reportable segments (in millions):
| Three Months Ended
| June 30, 2018 |  | July 1, 2017
Total revenue: |  |  |
MK Retail | $ | 639.5 |  |  | $ | 619.9 |
MK Wholesale | 362.8 |  |  | 303.6 |
MK Licensing | 27.5 |  |  | 28.9 |
Michael Kors | 1,029.8 |  |  | 952.4 |
Jimmy Choo | 172.7 |  |  | — |
Total revenue | $ | 1,202.5 |  |  | $ | 952.4 |
Income from operations: |  |  |
MK Retail | $ | 92.5 |  |  | $ | 92.2 |
MK Wholesale | 97.5 |  |  | 43.5 |
MK Licensing | 9.1 |  |  | 13.7 |
Michael Kors | 199.1 |  |  | 149.4 |
Jimmy Choo | 16.1 |  |  | — |
Income from operations | $ | 215.2 |  |  | $ | 149.4 |
Depreciation and Amortization Expense for Each Segment | Depreciation and amortization expense for each segment are as follows (in millions):
| Three Months Ended
| June 30, 2018 |  | July 1, 2017
Depreciation and amortization: |  |  |
MK Retail | $ | 33.3 |  |  | $ | 32.0 |
MK Wholesale | 13.8 |  |  | 15.0 |
MK Licensing | 0.6 |  |  | 0.6 |
Michael Kors | 47.7 |  |  | 47.6 |
Jimmy Choo | 8.2 |  |  | — |
Total depreciation and amortization | $ | 55.9 |  |  | $ | 47.6 |
Total Revenue (as Recognized Based on Country of Origin) | Total revenue earned in the U.S. were $668.3 million for the three months ended June 30, 2018 and $587.1 million for the three months ended July 1, 2017. Long-lived assets located in the U.S. as of June 30, 2018 and March 31, 2018 were $295.2 million and $303.3 million, respectively. Total revenue (based on country of origin), and long-lived assets by geographic location are as follows (in millions):
| Three Months Ended
| June 30, 2018 |  | July 1, 2017
Total revenue: |  |  |
The Americas (U.S., Canada and Latin America) (1) | $ | 718.2 |  |  | $ | 634.1 |
EMEA | 301.8 |  |  | 201.2 |
Asia | 182.5 |  |  | 117.1 |
Total revenue | $ | 1,202.5 |  |  | $ | 952.4 |
Long-Lived Assets by Geographic Location |
| As of
| June 30, 2018 |  | March 31, 2018
Long-lived assets, excluding goodwill: |  |  |
The Americas (U.S., Canada and Latin America)(1) | $ | 319.5 |  |  | $ | 327.3 |
EMEA | 984.8 |  |  | 1,050.3 |
Asia | 434.5 |  |  | 441.3 |
Total long-lived assets, excluding goodwill | $ | 1,738.8 |  |  | $ | 1,818.9 |
(1) | Total revenue earned in the U.S. were $668.3 million for the three months ended June 30, 2018 and $587.1 million for the three months ended July 1, 2017. Long-lived assets located in the U.S. as of June 30, 2018 and March 31, 2018 were $295.2 million and $303.3 million, respectively.
Schedule of Goodwill by Segment | The following table presents the Company’s goodwill by reportable segment (in millions):
| As of
| June 30, 2018 |  | March 31, 2018
MK Retail | $ | 91.9 |  |  | $ | 91.9 |
MK Wholesale | 25.9 |  |  | 25.9 |
MK Licensing | 1.9 |  |  | 1.9 |
Jimmy Choo | 686.5 |  |  | 728.0 |
Total goodwill | $ | 806.2 |  |  | $ | 847.7 |

X
- Definition This element is used to capture complete disclosure about depreciation and amortization expense for each reportable segment, as a single block of text. + References No definition available. + Details
Name: | kors_ScheduleOfDepreciationAndAmortizationBySegmentTableTextBlock
Namespace Prefix: | kors_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration