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Selected Quarterly Financial Information (Unaudited) | 12 Months Ended
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Mar. 28, 2020
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Information (Unaudited) | Selected Quarterly Financial Information (Unaudited) The following table summarizes the Fiscal 2020 and Fiscal 2019 quarterly results (dollars in millions):
| Fiscal Quarter Ended (1) |  |  |  |  |  |  |
| June 29, 2019 |  | September 28, 2019 |  | December 28, 2019 |  | March 28, 2020 |
Fiscal 2020 |  |  |  |  |  |  |  |
Total revenue | $ | 1,346 |  |  | $ | 1,442 |  |  | $ | 1,571 |  |  | $ | 1,192 |  |
Gross profit | $ | 834 |  |  | $ | 874 |  |  | $ | 932 |  |  | $ | 631 |  |
Income (loss) from operations | $ | 64 |  | (2) | $ | 75 |  | (3) | $ | 205 |  | (4) | $ | (536) |  | (5)
Net income (loss) | $ | 45 |  |  | $ | 73 |  |  | $ | 209 |  |  | $ | (552) |  |
Net income (loss) attributable to Capri | $ | 45 |  |  | $ | 73 |  |  | $ | 210 |  |  | $ | (551) |  |
Weighted average ordinary shares outstanding: |  |  |  |  |  |  |  |
Basic | 151,049,572 |  |  | 151,602,502 |  |  | 150,826,196 |  |  | 149,380,121 |  |
Diluted | 152,334,153 |  |  | 152,576,283 |  |  | 152,154,372 |  |  | 149,380,121 |  |
| Fiscal Quarter Ended (1) |  |  |  |  |  |  |
| June 30, 2018 |  | September 29, 2018 |  | December 29, 2018 |  | March 30, 2019 |
Fiscal 2019 |  |  |  |  |  |  |  |
Total revenue | $ | 1,203 |  |  | $ | 1,253 |  |  | $ | 1,438 |  |  | $ | 1,344 |  |
Gross profit | $ | 751 |  |  | $ | 763 |  |  | $ | 873 |  |  | $ | 793 |  |
Income from operations | $ | 215 |  | (6) | $ | 190 |  | (7) | $ | 290 |  | (8) | $ | 40 |  | (9)
Net income | $ | 186 |  |  | $ | 137 |  |  | $ | 200 |  |  | $ | 19 |  |
Net income attributable to Capri | $ | 186 |  |  | $ | 138 |  |  | $ | 200 |  |  |  | $ | 19 |  |
Weighted average ordinary shares outstanding: |  |  |  |  |  |  |  |
Basic | 149,502,101 |  |  | 149,575,112 |  |  | 149,183,049 |  |  | 150,801,608 |  |
Diluted | 152,399,655 |  |  | 151,705,685 |  |  | 150,268,424 |  |  | 152,083,632 |  |
(1)All fiscal quarters presented contain 13 weeks. (2)Fiscal quarter ended June 29, 2019 includes impairment charges of $97 million, other costs related to acquisitions of $12 million and restructuring charges of $1 million. (3)Fiscal quarter ended September 28, 2019 includes impairment charges of $104 million and other costs related to acquisitions of $6 million. (4)Fiscal quarter ended December 28, 2019 includes impairment charges of $19 million, other costs related to acquisitions of $8 million and restructuring charges of $5 million. (5)Fiscal quarter ended March 28, 2020 includes impairment charges of $488 million and other costs related to acquisitions of $8 million. (6)Fiscal quarter ended June 30, 2018 includes impairment charges of $4 million, other costs related to acquisitions of $7 million and restructuring charges of $4 million. (7)Fiscal quarter ended September 29, 2018 includes impairment charges of $7 million, other costs related to acquisitions of $16 million and restructuring charges of $2 million. (8)Fiscal quarter ended December 29, 2018 includes impairment charges of $6 million, other costs related to acquisitions of $12 million and restructuring charges of $8 million. (9)Fiscal quarter ended March 30, 2019 includes impairment charges of $4 million, other costs related to acquisitions of $44 million and restructuring charges of $31 million. See Note 11 for additional information related to restructuring charges, as well as other costs related to acquisitions and Note 14 for additional information related to impairment charges.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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