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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2016
Apr. 02, 2016
Current assets    
Cash and cash equivalents $ 186.4 $ 702.0
Receivables, net 288.0 307.9
Inventories 695.7 546.8
Prepaid expenses and other current assets 146.0 113.1
Total current assets 1,316.1 1,669.8
Property and equipment, net 801.0 758.2
Intangible assets, net 463.4 67.4
Goodwill 119.7 23.2
Deferred tax assets 19.0 24.5
Other assets 36.1 23.7
Total assets 2,755.3 2,566.8
Current liabilities    
Accounts payable 179.7 131.4
Accrued payroll and payroll related expenses 45.8 59.7
Accrued income taxes 45.5 51.6
Short-term debt 384.4 0.0
Accrued expenses and other current liabilities 176.9 192.8
Total current liabilities 832.3 435.5
Deferred rent 126.2 106.4
Deferred tax liabilities 88.6 3.5
Long-term debt 0.0 2.3
Other long-term liabilities 24.9 19.6
Total liabilities 1,072.0 567.3
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 209,020,770 shares issued and 164,233,915 outstanding at October 1, 2016; 208,084,175 shares issued and 176,441,891 outstanding at April 2, 2016 0.0 0.0
Treasury shares, at cost (44,786,855 shares at October 1, 2016 and 31,642,284 shares at April 2, 2016) (2,304.8) (1,650.1)
Additional paid-in capital 749.3 718.9
Accumulated other comprehensive loss (79.8) (80.9)
Retained earnings 3,315.8 3,007.8
Total shareholders’ equity of MKHL 1,680.5 1,995.7
Noncontrolling interest 2.8 3.8
Total equity 1,683.3 1,999.5
Total liabilities and shareholders’ equity $ 2,755.3 $ 2,566.8