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v3.20.2

Subsequent Events (Details) |  |  |  |  | 3 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jun. 26, 2021 USD ($) | Jun. 25, 2020 USD ($) | Mar. 28, 2020 | Nov. 15, 2018 | Jun. 28, 2020 USD ($) store | Dec. 01, 2020 USD ($) | Oct. 01, 2020 USD ($)
Revolving Credit Facility | Adjusted LIBOR |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  |  | 1.00% |  |  |
Line of Credit | 2018 Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Leverage ratio of indebtedness to EBITDAR |  |  | 3.75 |  |  |  |
Minimum | Line of Credit | 2018 Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Commitment fee percentage |  |  |  | 0.10% |  |  |
Maximum | Line of Credit | 2018 Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Commitment fee percentage |  |  |  | 0.25% |  |  |
Subsequent event | Capri Retail Optimization Plan |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Restructuring period |  |  |  |  | 2 years |  |
Subsequent event | 364 Day Facility | Revolving Credit Facility | Line of Credit |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 230,000,000 |  |  |  |  |
Debt term |  | 364 days |  |  |  |  |
Commitment fee percentage |  | 0.35% |  |  |  |  |
Subsequent event | 364 Day Facility | Revolving Credit Facility | Adjusted LIBOR | Line of Credit |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate |  | 2.25% |  |  |  |  |
Subsequent event | 364 Day Facility | Revolving Credit Facility | Base Rate | Line of Credit |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Debt instrument, basis spread on variable rate |  | 1.25% |  |  |  |  |
Subsequent event | Line of Credit | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Payment to lower outstanding revolving debt |  |  |  |  | $ 328,000,000 |  |
Subsequent event | Line of Credit | 2018 Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Net cash proceeds in the aggregate |  | $ 100,000,000 |  |  |  |  |
Covenant, cash and cash equivalents threshold |  |  |  |  |  | $ 500,000,000 | $ 400,000,000
Outstanding principal amount of bilateral letters of credit and bilateral bank guarantees |  | 50,000,000 |  |  |  |  |
Subsequent event | Minimum | Capri Retail Optimization Plan |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Number of stores expected to close | store |  |  |  |  | 170 |  |
Subsequent event | Minimum | 364 Day Facility | Revolving Credit Facility | Line of Credit |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Covenant, cash and cash equivalents threshold |  | 200,000,000 |  |  |  |  |
Subsequent event | Minimum | Line of Credit | 2018 Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Covenant, cash and cash equivalents threshold | $ 100,000,000 | $ 300,000,000 |  |  |  |  |
Subsequent event | Maximum | Capri Retail Optimization Plan |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Restructuring charges |  |  |  |  | $ 75,000,000 |  |
Subsequent event | Maximum | Line of Credit | 2018 Credit Facility | Revolving Credit Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Leverage ratio of indebtedness to EBITDAR | 3.75 | 4.00 |  |  |  |  |
Supply chain financing | $ 150,000,000 |  |  |  |  |  |

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