Segment Information (Tables)

12 Months Ended

Apr. 02, 2016

Key Performance Information of Reportable Segments

The following table presents the key performance information of the Company’s reportable segments (in millions):



	Fiscal Years Ended
	April 2, 2016		March 28, 2015		March 29, 2014
Revenue:
Net sales: Retail	$	2,394.9	$	2,134.6	$	1,593.0
Wholesale	2,143.9		2,065.1		1,577.5
Licensing	173.3		171.8		140.3
Total revenue	$	4,712.1	$	4,371.5	$	3,310.8

Income from operations:
Retail	$	501.4	$	557.2	$	467.3
Wholesale	584.1		610.9		459.8
Licensing	89.6		88.9		81.1
Income from operations	$	1,175.1	$	1,257.0	$	1,008.2

Depreciation and Amortization Expense for Each Segment

Depreciation and amortization expense for each segment are as follows (in millions):



	Fiscal Years Ended
	April 2, 2016		March 28, 2015		March 29, 2014
Depreciation and amortization⁽¹⁾:
Retail	$	114.5	$	84.5	$	46.7
Wholesale	67.3		53.0		32.4
Licensing	1.4		0.9		0.6
Total depreciation and amortization	$	183.2	$	138.4	$	79.7

⁽¹⁾

Excluded from the above table are fixed asset impairment charges related to the Company's retail operations of $8.6 million, $0.8 million and $1.3 million, during Fiscal 2016, Fiscal 2015 and Fiscal 2014, respectively. During Fiscal 2016, the Company also recorded fixed asset impairment charges of $0.4 million relating to its wholesale operations and $1.9 million relating to a corporate fixed asset.

Total Revenue (as Recognized Based on Country of Origin)

Total revenue (based on country of origin) and long-lived assets by geographic location are as follows (in millions):



	Fiscal Years Ended
	April 2, 2016		March 28, 2015		March 29, 2014
Revenue:
The Americas (U.S., Canada and Latin America)⁽¹⁾	$	3,506.6	$	3,418.9	$	2,771.8
Europe	990.3		884.7		500.5
Asia	215.2		67.9		38.5
Total revenue	$	4,712.1	$	4,371.5	$	3,310.8



	As of
	April 2, 2016		March 28, 2015
Long-lived assets:
The Americas (U.S., Canada and Latin America)⁽¹⁾	$	507.7	$	443.8
Europe	284.2		169.2
Asia	33.7		11.4
Total Long-lived assets:	$	825.6	$	624.4


⁽¹⁾	Net revenues earned in the U.S. during Fiscal 2016, Fiscal 2015, and Fiscal 2014 were $3.304 billion, $3.228 billion and $2.600 billion, respectively. Long-lived assets located in the U.S. as of April 2, 2016 and March 28, 2015 were $472.2 million and $418.8 million, respectively.

Long-Lived Assets by Geographic Location



	As of
	April 2, 2016		March 28, 2015
Long-lived assets:
The Americas (U.S., Canada and Latin America)⁽¹⁾	$	507.7	$	443.8
Europe	284.2		169.2
Asia	33.7		11.4
Total Long-lived assets:	$	825.6	$	624.4


⁽¹⁾	Net revenues earned in the U.S. during Fiscal 2016, Fiscal 2015, and Fiscal 2014 were $3.304 billion, $3.228 billion and $2.600 billion, respectively. Long-lived assets located in the U.S. as of April 2, 2016 and March 28, 2015 were $472.2 million and $418.8 million, respectively.

Net Revenues by Major Product Category

Net sales by major product category are as follows (in millions):



	Fiscal Years Ended
	April 2, 2016		% of Total	March 28, 2015		% of Total		March 29, 2014		% of Total
Accessories	$	3,179.7	70.1%	$	2,872.2	68.4	%	$	2,060.8	65.0	%
Apparel	543.7		12.0%	549.4		13.1	%	482.4		15.2	%
Footwear	491.0		10.8%	444.1		10.5	%	338.0		10.7	%
Licensed product	324.4		7.1%	334.0		8.0	%	289.3		9.1	%
Net sales	$	4,538.8		$	4,199.7			$	3,170.5