XML 91 R61.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
€ in Millions, $ in Millions
12 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2024
EUR (€)
Jun. 30, 2023
USD ($)
Jun. 30, 2023
EUR (€)
Jun. 30, 2022
USD ($)
Significant Accounting Policies [Line Items]          
Restricted cash $ 19.8   $ 36.9    
Sales returns, percentage 1.00% 1.00% 2.00% 2.00% 2.00%
Trade spending activities, percentage 9.00% 9.00% 10.00% 10.00% 10.00%
Advertising expense $ 1,625.5   $ 1,479.6   $ 1,465.1
Research and development expense 126.8   105.2   97.3
Net (losses) gains from foreign currency exchange transactions (14.8)   (29.9)   16.8
Selling, general and administrative expenses 3,162.4   2,818.3   2,881.3
Asset impairment charges 0.0   $ 0.0   31.4
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 payment received 16.2 € 15.0 93.9 € 87.8  
Gain on selling, general and administrative expenses from contract termination     104.4    
Contract termination payment 4.9        
Disposal of remaining inventory 0.6        
Operating Income (Loss)          
Significant Accounting Policies [Line Items]          
Net (losses) gains from foreign currency exchange transactions (18.1)   (32.3)   3.3
Interest Expense, Net and Other Expense (Income), Net          
Significant Accounting Policies [Line Items]          
Net (losses) gains from foreign currency exchange transactions $ (16.5)   (12.2)   10.0
Store fixtures | Minimum          
Significant Accounting Policies [Line Items]          
Property, plant and equipment, estimated useful life 3 years        
Store fixtures | Maximum          
Significant Accounting Policies [Line Items]          
Property, plant and equipment, estimated useful life 5 years        
Marketing furniture and fixtures          
Significant Accounting Policies [Line Items]          
Depreciation and amortization $ 113.6   $ 103.0   $ 119.4
Marketing furniture and fixtures | Minimum          
Significant Accounting Policies [Line Items]          
Property, plant and equipment, estimated useful life 3 years        
Marketing furniture and fixtures | Maximum          
Significant Accounting Policies [Line Items]          
Property, plant and equipment, estimated useful life 5 years