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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Total revenue $ 1,110 $ 1,442 $ 1,561 $ 2,788
Cost of goods sold 400 568 549 1,080
Gross profit 710 874 1,012 1,708
Selling, general and administrative expenses 474 623 876 1,221
Depreciation and amortization 54 65 108 125
Impairment of assets 20 104 20 201
Restructuring and other charges 9 7 17 22
Total operating expenses 557 799 1,021 1,569
Income (loss) from operations 153 75 (9) 139
Other income, net 0 (1) (1) (3)
Interest expense, net 12 3 29 16
Foreign currency loss (gain) 0 4 (3) 6
Income (loss) before provision for income taxes 141 69 (34) 120
Provision for (benefit from) income taxes 20 (4) 25 2
Net income (loss) 121 73 (59) 118
Less: Net loss attributable to noncontrolling interest (1) 0 (1) 0
Net income (loss) $ 122 $ 73 $ (58) $ 118
Weighted average ordinary shares outstanding:        
Basic (in shares) 150,492,275 151,602,502 150,024,293 151,326,037
Diluted (in shares) 151,677,242 152,576,283 150,024,293 152,455,218
Net income (loss) per ordinary share attributable to Capri:        
Basic (in dollars per share) $ 0.81 $ 0.48 $ (0.39) $ 0.78
Diluted (in dollars per share) $ 0.81 $ 0.47 $ (0.39) $ 0.77
Statements of Comprehensive Income (Loss):        
Net (loss) income $ 121 $ 73 $ (59) $ 118
Foreign currency translation adjustments 56 (13) 53 (38)
Net (loss) income on derivatives (2) 3 (3) 1
Comprehensive income (loss) 175 63 (9) 81
Less: Net loss attributable to noncontrolling interest (1) 0 (1) 0
Comprehensive income (loss) attributable to Capri $ 176 $ 63 $ (8) $ 81