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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2017
Apr. 01, 2017
Current assets    
Cash and cash equivalents $ 273.7 $ 227.7
Receivables, net 171.3 265.8
Inventories 616.1 549.3
Prepaid expenses and other current assets 123.9 121.9
Total current assets 1,185.0 1,164.7
Property and equipment, net 585.5 591.5
Intangible assets, net 414.3 418.1
Goodwill 119.7 119.7
Deferred tax assets 67.2 73.3
Other assets 41.3 42.3
Total assets 2,413.0 2,409.6
Current liabilities    
Accounts payable 153.4 176.3
Accrued payroll and payroll related expenses 47.1 61.1
Accrued income taxes 62.8 60.3
Short-term debt 155.8 133.1
Accrued expenses and other current liabilities 161.9 135.0
Total current liabilities 581.0 565.8
Deferred rent 134.7 137.8
Deferred tax liabilities 79.2 80.0
Other long-term liabilities 36.8 31.0
Total liabilities 831.7 814.6
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 209,713,232 shares issued and 151,593,388 outstanding at July 1, 2017; 209,332,493 shares issued and 155,833,304 outstanding at April 1, 2017 0.0 0.0
Treasury shares, at cost (58,119,844 shares at July 1, 2017 and 53,499,189 shares at April 1, 2017) (2,815.2) (2,654.9)
Additional paid-in capital 778.7 767.8
Accumulated other comprehensive loss (68.2) (80.6)
Retained earnings 3,685.6 3,560.3
Total shareholders’ equity of MKHL 1,580.9 1,592.6
Noncontrolling interest 0.4 2.4
Total equity 1,581.3 1,595.0
Total liabilities and shareholders’ equity $ 2,413.0 $ 2,409.6