Intangible Assets and Goodwill (Tables)

3 Months Ended

Jul. 02, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Values of Intangible Assets

The following table details the carrying values of the Company's intangible assets that are subject to amortization (in millions):

	July 2, 2016						April 2, 2016
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Reacquired rights	$	400.4	$	1.4	$	399.0	$	—	$	—	$	—
Lease rights	72.4		19.2		53.2		73.3		17.8		55.5
Trademarks	23.0		15.4		7.6		23.0		15.1		7.9
Customer relationships	4.9		0.4		4.5		4.2		0.2		4.0
	$	500.7	$	36.4	$	464.3	$	100.5	$	33.1	$	67.4

Estimated Amortization Expense

Estimated amortization expense for each of the next five years is as follows (in millions):

Remainder of Fiscal 2017	$	18.5
Fiscal 2018	24.7
Fiscal 2019	24.6
Fiscal 2020	24.6
Fiscal 2021	24.4
Thereafter	347.5
	$	464.3

Schedule of Goodwill

The following table details the changes in goodwill for each of the Company's reportable segments (in millions):

	Retail		Wholesale		Licensing		Total
Balance at April 2, 2016	$	8.0	$	13.3	$	1.9	$	23.2
Acquisition of MKHKL	86.2		12.8		—		99.0
Balance at July 2, 2016	$	94.2	$	26.1	$	1.9	$	122.2