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Accumulated Other Comprehensive (Loss) Income
 9 Months Ended
Dec. 29, 2018
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
The following table details changes in the components of accumulated other comprehensive income (loss) (“AOCI”), net of taxes for the nine months ended December 29, 2018 and December 30, 2017, respectively (in millions):
 
Foreign
Currency
Translation
(Losses) Gains (1)
 
Net Gains (Losses) on
Derivatives (2)
 
Other Comprehensive (Loss) Income Attributable to Capri
 
Other Comprehensive (Loss) Income Attributable to Noncontrolling Interest
 
Total Accumulated Other Comprehensive (Loss) Income
Balance at April 1, 2017
$
(86.1
)
 
$
5.5

 
$
(80.6
)
 
$
(0.3
)
 
$
(80.9
)
Other comprehensive income (loss) before reclassifications
78.6

 
(15.4
)
 
63.2

 
0.1

 
63.3

Less: amounts reclassified from AOCI to earnings 
—

 
1.0

 
1.0

 
—

 
1.0

Other comprehensive income (loss), net of tax
78.6

 
(16.4
)
 
62.2

 
0.1

 
62.3

Balance at December 30, 2017
$
(7.5
)
 
$
(10.9
)
 
$
(18.4
)
 
$
(0.2
)
 
$
(18.6
)
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2018
$
61.2

 
$
(10.7
)
 
$
50.5

 
$
(0.2
)
 
$
50.3

Other comprehensive (loss) income before reclassifications
(159.8
)
 
10.9

 
(148.9
)
 
(0.1
)
 
(149.0
)
Less: amounts reclassified from AOCI to earnings
—

 
(5.5
)
 
(5.5
)
 
—

 
(5.5
)
Other comprehensive (loss) income, net of tax
(159.8
)
 
16.4

 
(143.4
)
 
(0.1
)
 
(143.5
)
Balance at December 29, 2018
$
(98.6
)
 
$
5.7

 
$
(92.9
)
 
$
(0.3
)
 
$
(93.2
)
_________________________
(1) 
Foreign currency translation gains and losses for the nine months ended December 29, 2018 and December 30, 2017 include net gains of $9.5 million and net losses of $4.4 million, respectively, on intra-entity transactions that are of a long-term investment nature. Foreign currency translation losses for the nine months ended December 29, 2018 include a $139.3 million translation loss related to the Jimmy Choo business and a $12.8 million gain, net of taxes of $2.6 million relating to the Company's net investment hedges. Foreign currency translation gain for the nine months ended December 30, 2017 include a $35.2 million translation gain related to the Jimmy Choo business.
(2) 
Reclassified amounts relate to the Company’s forward foreign currency exchange contracts for inventory purchases and are recorded within cost of goods sold in the Company’s consolidated statements of operations and comprehensive income. Accumulated other comprehensive income related to net gains (losses) on derivative financial instruments as of December 29, 2018 and March 31, 2018 is net of a tax provision of $0.7 million and a tax benefit of $1.4 million, respectively. The amount reclassified from other comprehensive income (loss) for the nine months ended December 29, 2018 is net of a tax benefit of $0.8 million. Other comprehensive income (loss) before reclassifications related to derivative financial instruments for the nine months ended December 29, 2018 and December 30, 2017 is net of a tax provision of $1.3 million and $2.3 million, respectively.