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Segment Information (Tables)

9 Months Ended

Dec. 29, 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								Nine Months Ended
	December 29, 2018				December 30, 2017				December 29, 2018				December 30, 2017
Total revenue:
MK Retail	$	838.0			$	846.3			$	2,121.4			$	2,111.2
MK Wholesale	394.9				430.8				1,215.5				1,198.0
MK Licensing	43.5				48.3				106.4				115.2
Michael Kors	1,276.4				1,325.4				3,443.3				3,424.4
Jimmy Choo	161.6				114.7				451.0				114.7
Total revenue	$	1,438.0			$	1,440.1			$	3,894.3			$	3,539.1
Income from operations:
MK Retail	$	149.9			$	180.4			$	310.3			$	341.6
MK Wholesale	108.6				100.5				336.2				263.6
MK Licensing	26.0				26.9				44.9				51.1
Michael Kors	284.5				307.8				691.4				656.3
Jimmy Choo	5.5				5.7				3.2				5.7
Income from operations	$	290.0			$	313.5			$	694.6			$	662.0

Depreciation and Amortization Expense for Each Segment

Depreciation and amortization expense for each segment are as follows (in millions):

	Three Months Ended								Nine Months Ended
	December 29, 2018				December 30, 2017				December 29, 2018				December 30, 2017
Depreciation and amortization:
MK Retail	$	30.8			$	33.7			$	95.4			$	98.8
MK Wholesale	11.5				13.9				38.0				43.5
MK Licensing	0.6				0.6				1.7				1.8
Michael Kors	42.9				48.2				135.1				144.1
Jimmy Choo	8.6				5.8				25.0				5.8
Total depreciation and amortization	$	51.5			$	54.0			$	160.1			$	149.9

Total Revenue (as Recognized Based on Country of Origin)

Total revenue (based on country of origin), and long-lived assets by geographic location are as follows (in millions):

	Three Months Ended								Nine Months Ended
	December 29, 2018				December 30, 2017				December 29, 2018				December 30, 2017
Total revenue:
The Americas (U.S., Canada and Latin America) (1)	$	926.8			$	946.6			$	2,437.7			$	2,332.6
EMEA	334.2				333.1				925.2				805.0
Asia	177.0				160.4				531.4				401.5
Total revenue	$	1,438.0			$	1,440.1			$	3,894.3			$	3,539.1

Total revenue earned in the U.S. were $868.9 million and $2.274 billion for the three and nine months ended December 29, 2018 and $883.2 million and $2.164 billion for the three and nine months ended December 30, 2017. Long-lived assets located in the U.S. as of December 29, 2018 and March 31, 2018 were $277.1 million and $303.3 million, respectively.

Long-Lived Assets by Geographic Location

	As of
	December 29, 2018				March 31, 2018
Long-lived assets, excluding goodwill:
The Americas (U.S., Canada and Latin America)(1)	$	300.9			$	327.3
EMEA	936.2				1,050.3
Asia	439.4				441.3
Total long-lived assets, excluding goodwill	$	1,676.5			$	1,818.9

⁽¹⁾  Total revenue earned in the U.S. were $868.9 million and $2.274 billion for the three and nine months ended December 29, 2018 and $883.2 million and $2.164 billion for the three and nine months ended December 30, 2017. Long-lived assets located in the U.S. as of December 29, 2018 and March 31, 2018 were $277.1 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
	December 29, 2018				March 31, 2018
MK Retail	$	91.9			$	91.9
MK Wholesale	25.9				25.9
MK Licensing	1.9				1.9
Jimmy Choo	660.3				728.0
Total goodwill	$	780.0			$	847.7

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