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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
The following table details changes in the components of accumulated other comprehensive income (loss) ("AOCI"), net of taxes for the six months ended September 30, 2017 and October 1, 2016, respectively (in millions):
 
Foreign Currency
Translation
(Losses) Gains
 
Net (Losses) Gains on
Derivatives
(1)
 
Other Comprehensive (Loss) Income Attributable to MKHL
 
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
Total Accumulated Other Comprehensive (Loss) Income
Balance at April 2, 2016
$
(77.7
)
 
$
(3.2
)
 
$
(80.9
)
 
$
0.1

 
$
(80.8
)
Other comprehensive (loss) income before reclassifications (2)
(0.7
)
 
1.9

 
1.2

 

 
1.2

Less: amounts reclassified from AOCI to earnings (3)

 
0.1

 
0.1

 

 
0.1

Other comprehensive (loss) income net of tax
(0.7
)
 
1.8

 
1.1

 

 
1.1

Balance at October 1, 2016
$
(78.4
)
 
$
(1.4
)
 
$
(79.8
)
 
$
0.1

 
$
(79.7
)
 
 
 
 
 
 
 
 
 
 
Balance at April 1, 2017
$
(86.1
)
 
$
5.5

 
$
(80.6
)
 
$
(0.3
)
 
$
(80.9
)
Other comprehensive income (loss) before reclassifications (2)
37.1

 
(13.2
)
 
23.9

 

 
23.9

Less: amounts reclassified from AOCI to earnings (3)

 
2.9

 
2.9

 

 
2.9

Other comprehensive income (loss) net of tax
37.1

 
(16.1
)
 
21.0

 

 
21.0

Balance at September 30, 2017
$
(49.0
)
 
$
(10.6
)
 
$
(59.6
)
 
$
(0.3
)
 
$
(59.9
)
_________________________
(1) 
Accumulated other comprehensive income balance related to net gains on derivative financial instruments as of September 30, 2017 and April 1, 2017 is net of a tax benefit of $1.6 million and a tax provision $0.8 million, respectively. Other comprehensive income (loss) before reclassifications related to derivative financial instruments for the six months ended September 30, 2017 is net of a tax provision of $2.1 million. All other tax effects were not material for the periods presented.
(2) 
Foreign currency translation losses for the six months ended September 30, 2017 include net losses of $2.8 million on intra-entity transactions that are of a long-term investment nature.
(3) 
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.