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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 28, 2019
Dec. 29, 2018
Income Statement [Abstract]        
Total revenue $ 1,571 $ 1,438 $ 4,359 $ 3,894
Cost of goods sold 639 565 1,719 1,507
Gross profit 932 873 2,640 2,387
Selling, general and administrative expenses 630 507 1,851 1,466
Depreciation and amortization 63 51 188 160
Impairment of long-lived assets 19 6 220 17
Restructuring and other charges [1] 15 19 37 49
Total operating expenses 727 583 2,296 1,692
Income from operations 205 290 344 695
Other income, net (1) (2) (4) (4)
Interest expense, net 3 7 19 21
Foreign currency (gain) loss (2) 43 4 79
Income before provision for income taxes 205 242 325 599
(Benefit from) provision for income taxes (4) 42 (2) 76
Net income 209 200 327 523
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest (1) 0 (1) (1)
Net income attributable to Capri $ 210 $ 200 $ 328 $ 524
Weighted average ordinary shares outstanding:        
Weighted average ordinary shares outstanding, basic (in shares) 150,826,196 149,183,049 151,159,423 149,420,087
Weighted average ordinary shares outstanding, diluted (in shares) 152,154,372 150,268,424 152,354,936 151,457,921
Net income per ordinary share attributable to Capri:        
Net income per ordinary share, basic (in dollars per share) $ 1.39 $ 1.34 $ 2.17 $ 3.50
Net income per ordinary share, diluted (in dollars per share) $ 1.38 $ 1.33 $ 2.15 $ 3.46
Statements of Comprehensive Income:        
Net income $ 209 $ 200 $ 327 $ 523
Foreign currency translation adjustments 78 (32) 40 (160)
Net (loss) gain on derivatives (4) 1 (3) 16
Total comprehensive income 283 169 364 379
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest (1) 0 (1) (1)
Comprehensive income attributable to Capri $ 284 $ 169 $ 365 $ 380
[1] Restructuring and other charges includes store closure costs recorded in connection with the Retail Fleet Optimization Plan (as defined in Note 10) and other restructuring initiatives, and costs recorded in connection with the acquisitions of Gianni Versace S.r.l and Jimmy Choo Group Limited.