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Segment Information (Tables)
12 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Key Performance Information of Reportable Segments
The following table presents the key performance information of the Company’s reportable segments (in millions):
 
Fiscal Years Ended
 
March 31,
2018
 
April 1,
2017
 
April 2,
2016
Total revenue:
 
 
 
 
 
MK Retail
$
2,711.8

 
$
2,572.1

 
$
2,394.9

MK Wholesale
1,639.3

 
1,775.8

 
2,143.9

MK Licensing
144.9

 
145.8

 
173.3

Michael Kors
4,496.0

 
4,493.7

 
4,712.1

Jimmy Choo
222.6

 

 

Total revenue
$
4,718.6

 
$
4,493.7

 
$
4,712.1

 
 
 
 
 
 
Income from operations:
 
 
 
 
 
MK Retail
$
333.8

 
$
159.8

 
$
501.4

MK Wholesale
373.8

 
468.1

 
584.1

MK Licensing
58.2

 
62.0

 
89.6

Michael Kors
765.8

 
689.9

 
1,175.1

Jimmy Choo
(16.7
)
 

 

Income from operations
$
749.1

 
$
689.9

 
$
1,175.1

Depreciation and Amortization Expense for Each Segment
Depreciation and amortization expense for each segment are as follows (in millions):    
 
Fiscal Years Ended
 
March 31,
2018
 
April 1,
2017
 
April 2,
2016
Depreciation and amortization(1):
 
 
 
 
 
MK Retail
$
135.8

 
$
156.1

 
$
114.5

MK Wholesale
57.2

 
61.6

 
67.3

MK Licensing
2.4

 
2.1

 
1.4

Michael Kors
195.4

 
219.8

 
183.2

Jimmy Choo
13.2

 

 

Total depreciation and amortization
$
208.6

 
$
219.8

 
$
183.2

 
 
(1) 
Excluded from the above table are impairment charges, which are detailed in the below table and in Note 6, Note 7 and Note 12.
Impairment Charges by Asset Type
The following table presents the Company’s impairment charges by asset type (in millions):
 
Fiscal Years Ended
 
March 31,
2018
 
April 1,
2017
 
April 2,
2016
Impairment Charges:
 
 
 
 
 
MK Retail assets
$
31.3

 
$
198.7

 
$
8.6

MK Wholesale assets
1.4

 
0.5

 
0.4

Corporate assets

 

 
1.9

Total impairment
$
32.7

 
$
199.2

 
$
10.9

Total Revenue (as Recognized Based on Country of Origin)
(1)  
Net revenues earned in the U.S. during Fiscal 2018, Fiscal 2017, and Fiscal 2016 were $2.818 billion, $2.935 billion and $3.304 billion, respectively. Long-lived assets located in the U.S. as of March 31, 2018 and April 1, 2017 were $303.3 million and $328.8 million, respectively.
Total revenue (based on country of origin) and long-lived assets by geographic location are as follows (in millions):
 
Fiscal Years Ended
 
March 31,
2018
 
April 1,
2017
 
April 2,
2016
Revenue:
 
 
 
 
 
The Americas (U.S., Canada and Latin America)(1)
$
3,033.2

 
$
3,140.7

 
$
3,506.6

EMEA
1,092.7

 
943.9

 
990.3

Asia
592.7

 
409.1

 
215.2

Total revenue
$
4,718.6

 
$
4,493.7

 
$
4,712.1

Long-Lived Assets by Geographic Location
 
As of
 
March 31,
2018
 
April 1,
2017
 
April 2,
2016
Long-lived assets:
 
 
 
 
 
The Americas (U.S., Canada and Latin America)(1)
$
327.3

 
$
356.1

 
$
507.7

EMEA
1,050.3

 
197.7

 
284.2

Asia
441.3

 
455.8

 
33.7

Total Long-lived assets:
$
1,818.9

 
$
1,009.6

 
$
825.6

 
 
(1)  
Net revenues earned in the U.S. during Fiscal 2018, Fiscal 2017, and Fiscal 2016 were $2.818 billion, $2.935 billion and $3.304 billion, respectively. Long-lived assets located in the U.S. as of March 31, 2018 and April 1, 2017 were $303.3 million and $328.8 million, respectively.
Net Revenues by Major Product Category
by major product category are as follows (in millions):
 
Fiscal Years Ended
 
March 31,
2018
 
% of
Total
 
April 1,
2017
 
% of
Total
 
April 2,
2016
 
% of
Total
Accessories
$
3,057.0

 
64.8%
 
$
3,061.4

 
68.1
%
 
$
3,179.7

 
67.5
%
Footwear
656.9

 
13.9%
 
462.0

 
10.3
%
 
491.0

 
10.4
%
Apparel
604.6

 
12.8%
 
543.2

 
12.1
%
 
543.7

 
11.5
%
Licensed product
249.7

 
5.3%
 
281.3

 
6.3
%
 
324.4

 
6.9
%
Licensing revenue
150.4

 
3.2%
 
145.8

 
3.2
%
 
173.3

 
3.7
%
Total Revenue
$
4,718.6

 
 
 
$
4,493.7

 
 
 
$
4,712.1