Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Activity and Balances of Sales Reserves

The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 31, 2018, April 1, 2017, and April 2, 2016 (in millions):

	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Retail
Return Reserves:
Fiscal year ended March 31, 2018	$	7.3	$	160.7	$	(155.9	)	$	12.1
Fiscal year ended April 1, 2017	4.7		102.4		(99.8		)	7.3
Fiscal year ended April 2, 2016	2.5		71.7		(69.5		)	4.7

	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Wholesale
Total Sales Reserves:
Fiscal year ended March 31, 2018	$	96.7	$	257.7	$	(245.8	)	$	108.6
Fiscal year ended April 1, 2017	110.9		271.1		(285.3		)	96.7
Fiscal year ended April 2, 2016	87.5		348.4		(325.0		)	110.9

Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share

The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in millions, except share and per share data):

	Fiscal Years Ended
	March 31, 2018		April 1, 2017		April 2, 2016
Numerator:
Net income attributable to MKHL	$	591.9	$	552.5	$	839.1
Denominator:
Basic weighted average shares	152,283,586		165,986,733		186,293,295
Weighted average dilutive share equivalents:
Share options and restricted shares/units, and performance restricted share units	2,819,299		2,137,080		2,760,994
Diluted weighted average shares	155,102,885		168,123,813		189,054,289
Basic net income per share	$	3.89	$	3.33	$	4.50
Diluted net income per share	$	3.82	$	3.29	$	4.44