XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

Summary of Significant Accounting Policies (Tables) | 3 Months Ended
--- | ---
Jun. 27, 2020
Accounting Policies [Abstract] |
Schedule of Net Lease Costs and Supplemental Cash Flow Information | The following table presents the Company’s supplemental cash flow information related to leases (in millions):
|  |  |  | Three Months Ended |  | Three Months Ended
|  |  |  | June 27, 2020 |  | June 29, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows used in operating leases |  |  |  | $ | 40 |  | (1) | $ | 120 |
(1)Operating cash flows used in operating leases for the three months ended June 27, 2020 reflect $85 million of rent payments that have been deferred due to the COVID-19 pandemic.
Schedule of Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share | The components of the calculation of basic net (loss) income per ordinary share and diluted net loss per ordinary share are as follows (in millions, except share and per share data):
|  |  |  |  | Three Months Ended |  |
|  |  |  |  | June 27, 2020 |  | June 29, 2019
Numerator: |  |  |  |  |  |  |
Net (loss) income attributable to Capri |  |  |  |  | $ | (180) |  |  | $ | 45 |
Denominator: |  |  |  |  |  |  |
Basic weighted average shares |  |  |  |  | 149,556,310 |  |  | 151,049,572 |
Weighted average dilutive share equivalents: |  |  |  |  |  |  |
Share options and restricted shares/units, and performance restricted share units |  |  |  |  | — |  |  | 1,284,581 |
Diluted weighted average shares |  |  |  |  | 149,556,310 |  |  | 152,334,153 |
Basic net (loss) income per share (1) |  |  |  |  | $ | (1.21) |  |  | $ | 0.30 |
Diluted net (loss) income per share (1) |  |  |  |  | $ | (1.21) |  |  | $ | 0.30 |
(1)Basic and diluted net (loss) income per share are calculated using unrounded numbers.

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

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration