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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Changes in Components of Accumulated Other Comprehensive Loss, Net of Taxes
The following table details changes in the components of accumulated other comprehensive income (loss) ("AOCI"), net of taxes for the nine months ended December 31, 2016 and December 26, 2015, respectively (in millions):
 
Foreign Currency
Translation
(Losses) Gains
 
Net Gains
(Losses) on
Derivatives (1) 
 
Total
Accumulated  Other
Comprehensive
(Loss) Income
Balance at March 28, 2015
$
(96.1
)
 
$
29.3

 
$
(66.8
)
Other comprehensive loss before reclassifications
(7.8
)
 
(15.9
)
 
(23.7
)
Less: net gains reclassified from AOCI to earnings (2)

 
7.4

 
7.4

Other comprehensive loss, net of tax
(7.8
)
 
(23.3
)
 
(31.1
)
Balance at December 26, 2015
$
(103.9
)
 
$
6.0

 
$
(97.9
)
 
 
 
 
 
 
Balance at April 2, 2016
$
(77.6
)
 
$
(3.2
)
 
$
(80.8
)
Other comprehensive (loss) income before reclassifications
(20.8
)
(3) 
11.1

 
(9.7
)
Less: net loss reclassified from AOCI to earnings 

 
(0.1
)
 
(0.1
)
Other comprehensive (loss) income, net of tax
(20.8
)
 
11.2

 
(9.6
)
Balance at December 31, 2016
$
(98.4
)
 
$
8.0

 
$
(90.4
)
Less: other comprehensive loss attributable to noncontrolling interest
(0.3
)
 

 
(0.3
)
Other comprehensive loss attributable to MKHL at December 31, 2016
$
(98.1
)
 
$
8.0

 
$
(90.1
)
_________________________
(1) 
Accumulated other comprehensive income balance related to net gains on derivative financial instruments as of December 31, 2016 is net of tax provisions of $0.8 million and was immaterial as of April 2, 2016. Accumulated other comprehensive income balance related to net gains on derivative financial instruments as of December 26, 2015 and March 28, 2015 is net of tax provisions of $0.7 million and $3.3 million, respectively. Other comprehensive income (loss) before reclassifications related to derivative financial instruments for the nine months ended December 31, 2016 and December 26, 2015 is net of tax provision of $1.1 million and tax benefit of $1.8 million, respectively.
(2) 
Reclassified amounts relate to the Company’s forward foreign currency exchange contracts for inventory purchases and are recorded within cost of goods sold in the Company’s consolidated statements of operations. The amounts reclassified from other comprehensive income for the three and nine months ended December 26, 2015 are net of tax provisions of $0.6 million and $0.8 million, respectively, which are recorded within income tax expense in the Company's consolidated statement of operations. All other tax effects were not material for the periods presented.
(3) 
Foreign currency translation losses for the nine months ended December 31, 2016 include net losses of $3.1 million on intra-entity transactions that are of a long-term investment nature.