Selected Quarterly Financial Information (Unaudited)

The following table summarizes the Fiscal 2018 and Fiscal 2017 quarterly results (dollars in millions):



	Fiscal Quarter Ended ⁽¹⁾
	July 1, 2017		September 30, 2017			December 30, 2017			March 31, 2018
Fiscal 2018
Total revenue	$	952.4	$	1,146.6		$	1,440.1		$	1,179.5
Gross profit	$	574.7	$	690.8		$	884.0		$	709.8
Income from operations	$	149.4	$	199.1	⁽²⁾	$	313.5	⁽³⁾	$	87.1		⁽⁴⁾
Net income	$	125.5	$	202.7		$	219.4		$	44.5
Net income attributable to MKHL	$	125.5	$	202.9		$	219.4		$	44.1
Weighted average ordinary shares outstanding:
Basic	154,486,898		151,781,340			152,047,963			150,818,144
Diluted	156,871,518		154,168,094			154,623,339			154,252,751

	Fiscal Quarter Ended ⁽¹⁾
	July 2, 2016		October 1, 2016			December 31, 2016			April 1, 2017
Fiscal 2017
Total revenue	$	987.9	$	1,088.2		$	1,352.8		$	1,064.8
Gross profit	$	591.3	$	644.7		$	805.7		$	619.7
Income (loss) from operations⁽⁵⁾	$	186.9	$	203.7		$	341.9		$	(42.6	)
Net income (loss)	$	146.3	$	160.7		$	271.3		$	(26.8	)
Net income (loss) attributable to MKHL	$	147.1	$	160.9		$	271.3		$	(26.8	)
Weighted average ordinary shares outstanding:
Basic	174,158,571		166,695,631			163,148,597			159,944,132
Diluted	176,613,751		168,839,967			165,214,045			161,827,486


⁽¹⁾	All fiscal quarters presented contain 13 weeks.


⁽²⁾	Fiscal quarter ended September 30, 2017 includes impairment charges of $16.3 million and restructuring charges of $5.9 million associated with underperforming Michael Kors full-price retail stores, as well as transaction and transition costs of $17.4 million related to the Jimmy Choo acquisition.


⁽³⁾	Fiscal quarter ended December 30, 2017 includes impairment charges of $2.6 million and restructuring charges of $2.4 million associated with underperforming Michael Kors full-price retail stores, as well as transaction and transition costs of $25.6 million related to the Jimmy Choo acquisition.


⁽⁴⁾	Fiscal quarter ended March 31, 2018 includes impairment charges of $13.8 million and restructuring charges of $44.3 million associated with underperforming Michael Kors full-price retail stores, as well as transaction and transition costs of $6.5 million related to the Jimmy Choo acquisition.

⁽⁵⁾

Fiscal quarter ended July 2, 2016 contains $11.3 million in transaction costs related to the acquisition of the previously licensed Greater China business; fiscal quarter ended October 1, 2016 contains $4.9 million in retail fixed asset impairment charges; fiscal quarter ended December 31, 2016 contains $0.5 million in wholesale fixed asset impairment charges; and fiscal quarter ended April 1, 2017 contains $193.8 million in retail long-lived asset impairment charges.