Summary of Significant Accounting Policies (Tables)

12 Months Ended

Apr. 02, 2016

Accounting Policies [Abstract]

Activity and Balances of Sales Reserves

The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended April 2, 2016, March 28, 2015, and March 29, 2014 (in millions):

	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Retail
Return Reserves:
Fiscal year ended April 2, 2016	$	2.5	$	71.7	$	(69.5	)	$	4.7
Fiscal year ended March 28, 2015	2.3		57.0		(56.8		)	2.5
Fiscal year ended March 29, 2014	3.2		45.6		(46.5		)	2.3

	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Wholesale
Total Sales Reserves:
Fiscal year ended April 2, 2016	$	87.5	$	348.4	$	(325.0	)	$	110.9
Fiscal year ended March 28, 2015	65.9		281.0		(259.4		)	87.5
Fiscal year ended March 29, 2014	43.0		203.5		(180.6		)	65.9

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 income per ordinary share and diluted net income per ordinary share are as follows (in millions, except share and per share data):

	Fiscal Years Ended
	April 2, 2016		March 28, 2015		March 29, 2014
Numerator:
Net income attributable to MKHL	$	839.1	$	881.0	$	661.5
Denominator:
Basic weighted average shares	186,293,295		202,680,572		202,582,945
Weighted average dilutive share equivalents:
Share options and restricted shares/units, and performance restricted share units	2,760,994		3,185,197		3,055,162
Diluted weighted average shares	189,054,289		205,865,769		205,638,107
Basic net income per share	$	4.50	$	4.35	$	3.27
Diluted net income per share	$	4.44	$	4.28	$	3.22