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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [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), net of taxes for Fiscal 2018, Fiscal 2017 and Fiscal 2016 (in millions):
 
Foreign  Currency
Translation (Losses)
Gains
 
Net Gains
(Losses) on
Derivatives (1)
 
Other Comprehensive (Loss)/Gain Attributable to MKHL
 
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interest
 
Total Other Comprehensive (Loss) Income
Balance at March 28, 2015
$
(96.1
)
 
$
29.3

 
$
(66.8
)
 
$
—

 
$
(66.8
)
Other comprehensive income (loss) before reclassifications
18.4

 
(22.6
)
 
(4.2
)
 
0.1

 
(4.1
)
Less: amounts reclassified from AOCI to earnings (2)
—

 
9.9

 
9.9

 
—

 
9.9

Other comprehensive income (loss), net of tax
18.4

 
(32.5
)
 
(14.1
)
 
0.1

 
(14.0
)
Balance at April 2, 2016
(77.7
)
 
(3.2
)
 
(80.9
)
 
0.1

 
(80.8
)
Other comprehensive (loss) income before reclassifications
(8.4
)
(3) 
9.0

 
0.6

 
(0.4
)
 
0.2

Less: amounts reclassified from AOCI to earnings (2)
—

 
0.3

 
0.3

 
—

 
0.3

Other comprehensive (loss) income, net of tax
(8.4
)
 
8.7

 
0.3

 
(0.4
)
 
(0.1
)
Balance at April 1, 2017
(86.1
)
 
5.5

 
(80.6
)
 
(0.3
)
 
(80.9
)
Other comprehensive (loss) income before reclassifications
147.3

(3) 
(19.6
)
 
127.7

 
0.1

 
127.8

Less: amounts reclassified from AOCI to earnings (2)
—

 
(3.4
)
 
(3.4
)
 
—

 
(3.4
)
Other comprehensive (loss) income, net of tax
147.3

 
(16.2
)
 
131.1

 
0.1

 
131.2

Balance at March 31, 2018
$
61.2

 
$
(10.7
)
 
$
50.5

 
$
(0.2
)
 
$
50.3

 
 
(1) 
Accumulated other comprehensive income related to net gains (losses) on derivative financial instruments is net of a tax provision (benefit) of $(1.4) million, $0.8 million, and $(0.3) million, respectively, as of March 31, 2018, April 1, 2017 and April 2, 2016. Other comprehensive income (loss) before reclassifications related to derivative instruments for Fiscal 2018, Fiscal 2017, and Fiscal 2016 is net of a tax provision (benefit) of $(2.8) million, $1.2 million, and $(2.6) 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 and comprehensive income. The amounts reclassified from other comprehensive income for Fiscal 2018 and Fiscal 2016 are net of a tax (benefit) provision of $(0.6) million and $1.0 million, respectively. Tax effect related to Fiscal 2017 was not material.
(3) 
Foreign currency translation (losses) gains include net losses of $9.2 million and net gains of $2.4 million for Fiscal 2018 and Fiscal 2017, respectively, on intra-entity transactions that are of a long-term investment nature. Foreign currency translation gains for Fiscal 2018 also includes an $88.8 million translation gain relating to the newly acquired Jimmy Choo business.