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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Apr. 01, 2017
Current assets    
Cash and cash equivalents $ 178.2 $ 227.7
Receivables, net 274.5 265.8
Inventories 696.5 549.3
Prepaid expenses and other current assets 181.5 121.9
Total current assets 1,330.7 1,164.7
Property and equipment, net 562.7 591.5
Intangible assets, net 405.7 418.1
Goodwill 119.7 119.7
Deferred tax assets 69.2 73.3
Other assets 43.7 42.3
Total assets 2,531.7 2,409.6
Current liabilities    
Accounts payable 174.0 176.3
Accrued payroll and payroll related expenses 51.9 61.1
Accrued income taxes 60.1 60.3
Short-term debt 0.0 133.1
Accrued expenses and other current liabilities 188.7 135.0
Total current liabilities 474.7 565.8
Deferred rent 131.7 137.8
Deferred tax liabilities 78.7 80.0
Other long-term liabilities 41.4 31.0
Total liabilities 726.5 814.6
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 210,200,479 shares issued and 152,066,668 outstanding at September 30, 2017; 209,332,493 shares issued and 155,833,304 outstanding at April 1, 2017 0.0 0.0
Treasury shares, at cost (58,133,811 shares at September 30, 2017 and 53,499,189 shares at April 1, 2017) (2,815.8) (2,654.9)
Additional paid-in capital 791.9 767.8
Accumulated other comprehensive loss (59.6) (80.6)
Retained earnings 3,888.5 3,560.3
Total shareholders’ equity of MKHL 1,805.0 1,592.6
Noncontrolling interest 0.2 2.4
Total equity 1,805.2 1,595.0
Total liabilities and shareholders’ equity $ 2,531.7 $ 2,409.6