XML 87 R64.htm IDEA: XBRL DOCUMENT v3.23.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
€ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2023
EUR (€)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
EUR (€)
Jun. 30, 2024
USD ($)
Jun. 30, 2024
EUR (€)
Jun. 30, 2023
USD ($)
Jun. 30, 2023
EUR (€)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Significant Accounting Policies [Line Items]                    
Restricted cash $ 36.9           $ 36.9   $ 30.5  
Sales returns, percentage             2.00% 2.00% 2.00% 2.00%
Trade spending activities, percentage             10.00% 10.00% 10.00% 10.00%
Advertising expense             $ 1,479.6   $ 1,465.1 $ 1,029.4
Research and development expense             105.2   97.3 96.5
Net (losses) gains from foreign currency exchange transactions             (29.9)   16.8 (26.7)
Termination payments $ 38.3 € 35.3 $ 55.6 € 52.5            
Selling, general and administrative expenses             2,818.3   2,881.3 2,363.2
Asset impairment charges             $ 0.0   31.4 0.0
Restructuring, Incurred Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]             Restructuring costs Restructuring costs    
Russia Market Exit                    
Significant Accounting Policies [Line Items]                    
Net deferred income tax (liability) asset                 83.6  
Selling, general and administrative expenses                 45.5  
Asset impairment charges                 31.4  
Restructuring costs                 6.3  
Inventory write-down                 0.4  
Income tax charges             $ 0.4   24.1  
Net deferred income tax (liability) asset             17.0      
Lacoste                    
Significant Accounting Policies [Line Items]                    
Termination payments             93.9 € 87.8    
Gain on selling, general and administrative expenses from contract termination             104.4      
Lacoste | Scenario, Forecast                    
Significant Accounting Policies [Line Items]                    
Termination payments         $ 16.3 € 15.0        
Operating Income (Loss)                    
Significant Accounting Policies [Line Items]                    
Net (losses) gains from foreign currency exchange transactions             (32.3)   3.3 (7.8)
Interest Expense, Net and Other Expense (Income), Net                    
Significant Accounting Policies [Line Items]                    
Net (losses) gains from foreign currency exchange transactions             $ (12.2)   10.0 (6.8)
Store fixtures | Minimum                    
Significant Accounting Policies [Line Items]                    
Property, plant and equipment, estimated useful life 3 years           3 years      
Store fixtures | Maximum                    
Significant Accounting Policies [Line Items]                    
Property, plant and equipment, estimated useful life 5 years           5 years      
Marketing furniture and fixtures                    
Significant Accounting Policies [Line Items]                    
Depreciation and amortization             $ 103.0   $ 119.4 $ 130.3
Marketing furniture and fixtures | Minimum                    
Significant Accounting Policies [Line Items]                    
Property, plant and equipment, estimated useful life 3 years           3 years      
Marketing furniture and fixtures | Maximum                    
Significant Accounting Policies [Line Items]                    
Property, plant and equipment, estimated useful life 5 years           5 years