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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 31, 2016
Dec. 26, 2015
Income Statement [Abstract]        
Net sales $ 1,309.8 $ 1,341.6 $ 3,316.5 $ 3,375.7
Licensing revenue 43.0 55.8 112.4 137.7
Total revenue 1,352.8 1,397.4 3,428.9 3,513.4
Cost of goods sold 547.1 565.5 1,387.2 1,413.4
Gross profit 805.7 831.9 2,041.7 2,100.0
Selling, general and administrative expenses 407.6 377.6 1,141.3 1,036.3
Depreciation and amortization 55.7 45.0 162.5 132.7
Impairment of long-lived assets 0.5 0.0 5.4 0.0
Total operating expenses 463.8 422.6 1,309.2 1,169.0
Income from operations 341.9 409.3 732.5 931.0
Other (income) expense, net (4.1) (0.1) (4.7) 0.8
Interest expense, net 3.4 0.6 5.1 1.1
Foreign currency loss 0.9 0.2 2.2 2.3
Income before provision for income taxes 341.7 408.6 729.9 926.8
Provision for income taxes 70.4 114.4 151.6 265.4
Net income 271.3 294.2 578.3 661.4
Less: Net loss attributable to noncontrolling interest 0.0 (0.4) (1.0) (0.7)
Net income attributable to MKHL $ 271.3 $ 294.6 $ 579.3 $ 662.1
Weighted average ordinary shares outstanding:        
Weighted average ordinary shares outstanding, basic (in shares) 163,148,597 182,176,452 168,000,933 189,336,957
Weighted average ordinary shares outstanding, diluted (in shares) 165,214,045 184,851,616 170,222,588 192,143,422
Net income per ordinary share attributable to MKHL:        
Net income per ordinary share, basic (in dollars per share) $ 1.66 $ 1.62 $ 3.45 $ 3.50
Net income per ordinary share, diluted (in dollars per share) $ 1.64 $ 1.59 $ 3.40 $ 3.45
Statements of Comprehensive Income:        
Net income $ 271.3 $ 294.2 $ 578.3 $ 661.4
Foreign currency translation adjustments (20.1) (12.0) (20.8) (7.8)
Net gain (loss) on derivatives 9.4 (4.7) 11.2 (23.3)
Comprehensive income 260.6 277.5 568.7 630.3
Less: Net loss attributable to noncontrolling interest 0.0 (0.4) (1.0) (0.7)
Less: Other comprehensive loss attributable to noncontrolling interest (0.4) 0.0 (0.4) 0.0
Comprehensive income attributable to MKHL $ 261.0 $ 277.9 $ 570.1 $ 631.0